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Govt modifies PLI scheme for semiconductors manufacturing in India
Post changes, the scheme to offer 50% incentives for semiconductor fabs across the technology nodes as well as for compound semiconductors, packaging and other semiconductor facilities.Read more
Govt approves additional Rs 19,500 cr for PLI scheme for solar PV modules
The Government expects the scheme to bring direct investment of around Rs 94,000 crore and help in import substitution of approximately Rs 1.37 trillion.Read more
Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics
The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more
We are looking at indigenisation of lithium-ion cells
Puneet Jain - the founder of Natural Battery Technologies (a lithium ion battery manufacturer) - is a chain innovator and entrepreneur with seven years’ experience in business leadership, start-ups and nurturing technology. Focusing on delivering value through product and process innovation, his company caters to the growing market of environment friendly fuel supply. In this interview, Puneet Jain highlights on the growth drivers of lithium ion battery mrket.Read more
India’s $1-trillion manufacturing export opportunity
India is on the cusp of structural shifts in the manufacturing sector. Driven by growth in priority sectors and propelled by favourable megatrends in manufacturing, India is expected to scale up its manufacturing exports to $1 trillion by FY28, says a Bain & Company report.Read more
Automation & robotics industry is expected to grow at 13% CAGR
Schaeffler has been contributing to the growth of industrial automation and robotics sector with right technology products. The company is enhancing its offerings as integrated solution provider and not limiting as a component supplier.Read more
All set to scale new heights
India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more
PLI scheme helps auto part makers ride the EV boom
A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao.Read more
PLI scheme to account for 13-15% capex in key sectors
Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 lakh crore, says CRISIL report.Read more
CRISIL: PLI scheme to lead to capex of Rs 2.5-3 trn
Production Linked Incentive (PLI) scheme has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 trillion. The nine sectors have an export potential of Rs 11 trillion.Read more
