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GTRI urges simplified customs duty structure to boost manufacturing and exports

According to GTRI, currently, 85% of tariff revenue is generated from just 10% of tariff lines or product categories, while 60% of tariff lines account for less than 3% of total revenue. Read more

Pharma units granted 12-month extension for Schedule M compliance

The extension provides time for MSMEs to secure financing and implement the required changes. Read more

India unveils Rs 250 billion plan for electronics components manufacturing

The scheme will adopt a different incentive structure, as components and subassemblies are capital-intensive, unlike smartphones where smaller investments are required for larger manufacturing operations. Read more

Govt approves Rs 2.46 billion PLI incentive for M&M, Tata Motors

The PLI scheme, launched on September 15, 2021, is designed to strengthen India’s manufacturing capabilities in AAT products, improve cost competitiveness, and develop a robust supply chain. Read more

PLI scheme attracts Rs 1.46 trillion investment, creates 950,000 jobs

As of August 2024, the scheme has resulted in over Rs 12.5 trillion in incremental production and sales, more than Rs 4 trillion in exports.Read more

How MSMEs will play a key role in the development of Indian manufacturing sector

Setting up a business in India is futuristic, makes a lot of sense, and, for foreign companies, connecting with the Indian MSME and helping it grow is a sure way to success, says R Jayaraman.Read more

HMD global shifts manufacturing to India, invites suppliers to join

The transition is supported by partnerships with manufacturers like Dixon Technologies for smartphones and Zet Town India, a subsidiary of Zetwerk, for feature phones. Read more

Bureau of Indian Standards: A key compliance in the Indian market

As global trade evolves, imports have become essential in meeting the complex needs of diverse markets. Read more

Capital-intensive industries drive employment growth in India: Goldman Sachs

India’s manufacturing transformation is being fuelled by reforms, including the Production-Linked Incentive (PLI) schemes, which have played a pivotal role in increasing domestic production, fostering technological progress, and drawing both foreign and local investments. Read more

Indian drone industry is witnessing rapid expansion: Rama Krishna

In this exclusive interview with Rakesh Rao, Rama Krishna, Co-founder & CEO, EndureAir Systems, elaborates on the evolution of drone technology in India and their utilities in modern-day warfare and other applicationsRead more

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