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Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports

As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more

Acme Group targets $300 mn equity raise for Green Hydrogen Ventures

The company, which recently sold 450-550 MW of power assets to BluPine for $180-200 million, is in the initial stages of appointing investment bankers for the equity funding process, conducted discreetly.Read more

Ministry targets July 2024 for certification of 85 Applicants in automotive PLI scheme

The Ministry of Heavy Industries (MHI) plans to initiate the disbursement of incentives under the scheme in the financial year 2025.Read more

SECI unveils leading bidders for 3400 MW electrolyser manufacturing in green hydrogen transition scheme

Following the Envelop-1 bid opening, 21 manufacturers, including major players such as Adani New Industries, John Cockerill Greenko Hydrogen Solutions and Waaree Energies, are actively participating.Read more

BIS guidelines on parallel testing offer significant time savings for electronics compliance

The BIS, on January 9, made the pilot project on parallel testing a permanent provision, encompassing a total of 64 products under the Compulsory Registration Scheme (CRS).Read more

India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore

The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more

Adding new dimension to manufacturing

When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more

RoDTEP Scheme Extended to E-Commerce Exports for Boost in Trade Benefits

Implemented three years ago, the RoDTEP scheme involves refunding non-creditable central, state, and local levies embedded in the inputs paid by exporters.Read more

MSME Minister unveils 3 innovative schemes within existing RAMP program

The first sub-scheme, MSE GIFT Scheme, second sub-scheme is MSE SPICE Scheme, and third sub-scheme, MSE Scheme on Online Dispute Resolution for Delayed Payments.Read more

PM-ebus Seva: Ambitious Plan to Boost E-Bus Adoption despite challenges

The Crisil Ratings report emphasises the government's commitment to overall decarbonisation, with a primary emphasis on public transport as a key facilitator.Read more

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