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Interest subsidy scheme for exporters extended 2 months for MSME sector

The two-month continuation of the scheme for the MSME sector comes with an outlay cap of Rs 7.5 billion, while all other terms and conditions remain the same.Read more

Under PLI scheme at least six of eight sectors to switch to quarterly disbursals

DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more

How to build India’s global manufacturing capabilities?

The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more

Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

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

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