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India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore
The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more
Dixon Technologies: Scaling heights in global electronics manufacturing with PLI
Despite catering to Taiwanese and Chinese clients, Dixon strategically aligns itself with the Indian government's policy through both contracts falling under the revamped production-linked incentive (PLI) scheme for IT products.Read more
Tata Motors supplies 100 Starbus EVs for Bengaluru’s urban commuting
Bengaluru Metropolitan Transport Corporation (BMTC) inducts Tata Motors’ electric buses for comfortable, emission-free mass mobility.Read more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility
The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more
Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1
The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more
Govt officials laud PLI Scheme success across industries, DPDP rules finalised soon
Secretary S Krishnan announced that the Digital Personal Data Protection (DPDP) rules would be finalized in a few weeks, emphasizing that the DPDP Act strikes a balance between regulation and the security of personal data, fostering innovation.Read more
CASE unveils Bharat Stage V compliant loader backhoes, compactors at EXCON 2023
Company upgrades its entire loader backhoe range with the safest operator cabin compliant to ROPS & FOPS standards, and 22 unique features.Read more
PLI disbursements set to surge in Q4, may fall short of Rs 11,000 cr target though
Out of the total outlay of Rs 1.97 trillion for the PLI scheme initiated in 2020, Rs 2,900 crore was allocated to selected companies to meet production targets last year.Read more
Netweb Technologies accelerates expansion and 'Made-in-India' innovation with PLI 2.0 Boost
Netweb is actively developing new offerings, with a focus on High-Performance Computing (HPC) systems and other computing solutions.Read more