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DOMESTIC MANUFACTURING
Government invites fresh applications under Rs 2,700 crore medical device PLI schemeThe government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended...- DPIIT seeks Fillip for local mfg of 100 goods in budgetDPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to sha...
- Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exportsCommerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports...
- Govt may extend support measures in FY28 Budget to boost manufacturing of 100 products: OfficialThe government may announce Budget 2027-28 support measures to boost domestic manufacturing of 100 products, including auto components, che...
- Iran shot down 260 US aircraft, captured 7 MQM-170 drones, building underground weapons facility: IRGC's spokesman details capabilitiesIran's IRGC has claimed that it shot down 260 hostile aircraft during the conflict initiated by the US and captured seven MQM-170 reconnais...
- Inside Rs 77,000 cr plan rewiring India’s tech DNA foreverThe initiative is already delivering results, with 38 facilities in active production plugging domestic gaps and 16 units progressing throu...
- China's rising yuan squeezes exporters, raises concerns over jobs and growthChina's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic gro...
- PM Modi asks new NITI Aayog team to craft ideas to improve lives of India's poorestPrime Minister Narendra Modi has asked the new NITI Aayog leadership to develop transformative ideas to improve the ease of living for marg...
- India's solar module component market may more than double to $7.8 billion by FY28India's solar module component market could grow to $7.8 billion by March 2028 from $3.6 billion in September 2026, driven by expanding dom...
- Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...
- India's farms offer 116 GW solar manufacturing opportunity: ISMAIndia's agricultural sector could create a demand for 116 GW of solar modules through the solarisation of irrigation pumps. The Pradhan Man...
- India’s solar components market to more than double to $7.8 billion by March 2028: CEEWIndia's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased ...
- Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
- Indian battery component makers face up to 61% cost disadvantage against imports: ReportIndian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report...
- India's solar manufacturing industry can generate 32 lakh jobs, attract $89 billion investment by 2047: ISMATitled Vision 2047: Solar Manufacturing from Polysilicon to Power Plant, the report presents a pathway for India to move beyond module asse...
- India may reimpose broken rice export restrictions as prices cross $360 per tonne: IREFIndia may reimpose restrictions on exports of 100% broken rice as international prices cross $360 per tonne and domestic demand from ethano...
- India to make tunnel boring machines at home if China curbs exports: Piyush GoyalIndia is gearing up to start producing its own tunnel boring machines if China decides to limit its exports. This statement came from Piyus...
- US manufacturing picks up in October; input prices stay highUS manufacturing activity experienced growth in October due to solid domestic demand and increased business spending in AI. The manufacturi...
- India factory growth slows in October, export orders jump, PMI showsIndia's manufacturing growth slowed in October, with the HSBC Manufacturing PMI falling to 54.7 from 55.1 in September, as domestic demand ...
- Solar module cos seek more time to comply with local sourcingSolar module manufacturers in India are raising concerns about the local availability of cells for production. They have requested an exten...
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