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India aims for $100 billion FDI annually; to attract China interested investors
Giants like Apple and Samsung Electronics have increased their manufacturing presence in India, leveraging incentives provided by Prime Minister Narendra Modi's administration.Read more
Govt to extend easy visa rules to all companies in PLI sectors
The PLI scheme covers sectors such as mobile phones, drones, white goods, telecom, textiles, automobiles, and pharmaceutical drugs.Read more
RECPDCL, BHEL sign MoU to create SPV for large-scale RE projects
The SPV will focus to cater energy requirement of preferably the commercial and industrial (C&I) segment with initial capacity of 1 GW which would further be scaled upRead more
Industry leaders react positively to the interim budget 2024-25
The Interim Budget also contained a number of announcements and strategies indicating directions and development approach for making India Viksit Bharat by 2047. Here are the reactions from the industry leaders on the interim budget 2024-25.Read more
RECPDCL signs MoU with govt of Gujarat for Smart Metering project
The MoU was signed ahead of Vibrant Gujrat Summit 2024 by Jai Prakash Shivahare, IAS, MD, GUVNL and Rajesh Kumar Gupta, CEO, RECPDCL in presence of Chief Minister of Gujarat, Bhupendra Patel. Read more
India's Long-Term Foreign Investment Outlook Strong despite Recent Dip: DPIIT secretary
Rajesh Kumar Singh, the secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), emphasised that ongoing geopolitical conflicts and economic challenges in advanced economies would not significantly impact foreign direct investment (FDI) flows to India.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
Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary
The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more
Right security seals used smartly can improve the cargo security
Seals are tamper-indicating devices used to detect and report unauthorised entry says Rajesh Kumar Banka while explaining the significance of seals in the industry.Read more
Start-up TIEA Connectors receives Rs 3.81 crore funding from TDB-DST
Society for Innovation and Development (SID-IISc) incubated start-up receives significant funding to commercialise harsh environment micro-electronic connectors and terminalsRead more
