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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

Global semiconductors battle deepens between EU & US; $81 billion subsidy surge

The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more

Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

India's green hydrogen initiative garners interest, major players sit out initial subsidy auction

Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.Read more

L&T ventures into fabless semiconductor design

L&T will concentrate on the design aspect, avoiding manufacturing due to intense competition from global players, particularly in China.Read more

Uttarakhand CM boosts industries with Rs 90 cr subsidy

This initiative, governed by the Central Government's Industrial Development Scheme of 2017, extends a 30% subsidy, capped at Rs 5 crore.Read more

Kerala govt unveils incentives for MSMEs under Mission 1,000 initiative

As part of this initiative, the government has given the green light to the industries department's proposal, which includes a range of incentives to bolster the growth of 1,000 MSME units in the state.Read more

Tata Group boosts India's semiconductor ambitions with govt subsidy bid

Insider sources from the Ministry of Electronics and IT have revealed that Tata is in the process of drafting a proposal, expected to be submitted within the next 3 to 6 months.Read more

Exporters seek government support amid global challenges

Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more

Maharashtra unveils solar incentives for Textile Industry

Maharashtra Electricity Regulatory Commission has proposed amendments to Distributed Open Access Regulations, making it easier for consumers with a contract demand of 100 kW or more to access power from renewable sources.Read more

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