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Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
Studer unveils internal cylindrical grinding machine
The S110 can grind around 350,000 high-quality sleeves per year at the plant in Wroclaw.Read more
TeamLease RegTech releases whitepaper on India’s labor law compliance
The whitepaper scrutinises the criminalisation of compliance and the myriad challenges encountered by entrepreneurs and employers. Read more
US Allocates $6 Billion for Heavy Manufacturing cleanup
Century Aluminum Co., is set to receive as much as $500 million in funding to build the facility, according to a statement on 25 March, 2024Read 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
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
DPIIT introduces stricter guidelines for PLI Scheme in white goods sector
Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more
Fybros unveils an alluring range of cover plates for its Four-X series
Fybros is a proficient brand of modern electrical goods in India. The company launches its new cover plates to its four-X series which is available in seven distinct colours. Read more
Cabinet approves PLI Scheme for Air Conditioners & LED Lights
Different segments have been earmarked for different types of components separately to specifically target global investments into desired areas.Read more
Luminous launches new range of fans
Luminous Power Technologies, a leading home electrical company in India has expanded its portfolio of home electrical with the launch of two new range of fans. The magnificent new ranges are called Copter range and Warrior range which will add to the Decorative Premium segment of Luminous Fans portfolio.Read more
