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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

India set to capture 8-10% of CDMO outsourcing by 2033: McKinsey Report

The global CDMO market, currently valued at $224 billion, is forecasted to reach $465 billion by 2032, McKinsey’s analysis revealed.Read more

Government funding plays a key role in catalysing AI in pharma

In this interview with Sanskriti Ramachandran, Sudipta Ghosh navigates the role of policies and regulations within the pharma industry.Read more

Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex

With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more

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