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EV import scheme can affect Hyundai’s business
This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more
DGFT asks export bodies for inputs on efficacy of interest equalisation scheme
The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more
Display manufacturing needs more attention; ICEA
For India, display manufacturing presents a unique opportunity to attract international companies seeking to diversify their display supply chains beyond certain geographies. Read more
Electronic companies seek Rs 300 billion PLI scheme
The scheme aims to elevate domestic value addition in mobile phone manufacturing to 35-40%.Read more
Manufacturing expected to be a key driver of expansion in India; OPEC
Consumer confidence rose to 98.5 in March from 95.1 in January, driven partly by the on-going election cycle, expected to bolster spending, particularly in rural areasRead more
India's domestic manufacturing; catalyst for global influence & competition
Bilateral trade between India and China recorded significant growth. Read more
UNNATI 2024: Putting North East on a growth path
By incentivising new industrial units and those undergoing substantial expansion, Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024 paves the way for an economy built on performance and innovation. Aishwarya Jaju and Neha Satte shed more light on the scheme.Read more
Wipro GE plans Rs 8,000 crore investment in indian manufacturing, R&D
The strategic investment bolsters the company's local manufacturing footprint to address the growing domestic and international marketRead more
DGFT: Exporters must adhere to new UK regulations for duty benefits
The US, European Union (EU), Australia, Japan and many other developed countries grant unilateral import duty concessions to developing countries under their GSP schemesRead more
Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India
On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more