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PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

GTL is focusing on developing applications for zero-emission platforms: Pavan Chavali

Goldstone Technologies Ltd (GTL) specialises in full-stack business intelligence (BI), data analytics, and IT services consulting. GTL is helping Indian companies to comprehending and harnessing their data effectively in order to stride towards becoming a digital economy, says Pavan Chavali, Whole Time Director of the company in this interview with Ayushi Khandelwal. He also shares company’s plans on future technological adoption and business expansion.Read more

Impact of the PLI scheme on job creation

While large corporations play a pivotal role in India's economic landscape, it's the Small and Medium Enterprises (SMEs) that often act as the backbone of the nation's job market. The PLI scheme is a game-changer for these smaller organisations, as it provides them with a substantial boost, says Krishnendu ChatterjeeRead more

Why automation is key for India's $1 trn manufacturing economy?

Manufacturing sector, which contributes approximately 16 per cent to India's GDP, aims to reach $1 trillion by elevating its contribution substantially to around 25 per cent. In this article, Rakesh Rao explains why digital manufacturing will be the key to achieve this goal.Read more

FPT Industrial exhibits sustainable solutions at Agritechnica 2023

The company showcased its leadership in the agricultural powertrain sector, based on a proven full-range portfolio covering all applications.Read more

PLI scheme: The way forward

The Rs 2.71 trillion Production-Linked Incentive (PLI) schemes, rolled out to promote the economic development of various sectors, have faced multiple implementation challenges. Bhavesh Thakkar summarises such challenges and also presents the way forward.Read more

India's safety sector surges to fuel $17.86 billion global market by 2030

Anticipating this upward trajectory, Bata India Ltd established its Industrial division seven years ago to manufacture top-notch footwear for industrial workers.Read more

India aims for $1 trillion exports by 2030, focus on electronics, RE, EVs

The surge is attributed to the export of Samsung and Apple phones, with smartphone exports reaching $10.9 billion in FY 23, marking an 88.9% increase from April to August.Read more

India approves 27 firms for in IT Hardware Manufacturing Boost

Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more

Tesla turns to Made In India parts, diversifies suppliers from China

Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more

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