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DOMESTIC VALUE ADDITION
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal OswalThe government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong dome...
Kaynes Tech, Dixon Tech, Syrma shares rise up to 2% after govt notifies Rs 62,500 cr mobile manufacturing schemeShares of Kaynes Tech, Dixon Technologies and Syrma SGS gained after the government notified its Rs 62,500 crore Mobile Phone Manufacturing...
Air India reduces Delhi cargo transfer time to 5-8 hours, expands pilot across India-Europe routesAir India successfully launched a new cargo transshipment policy on a key air route. This initiative significantly reduced cargo connection...
The next export story: A $50 billion prize India can't afford to missIndia’s telecom equipment exports remain small at about $0.6-1 billion a year, while imports are four to five times higher. A new NITI Aayo...
Apple may expand manufacturing in India beyond iPhonesIn an effort to bolster its device manufacturing sector, India has launched a new scheme aimed at enticing industry leaders like Apple and ...
India-designed mobile phones likely in 10-14 months under MPMS; no place for copycats: Ashwini VaishnawNew indigenously designed mobile phones with Indian IP rights will launch in 10-14 months. The government will strictly screen brands, prev...
India set to approve $1.2 billion incentive plan to make building equipment, sources sayIndia is set to launch a $1.2 billion incentive scheme to stimulate local manufacturing efforts. This initiative aims to draw in $1.8 billi...
Medical devices industry needs to focus more on local value addition: Pharma SecyThe medical devices sector must increase local value addition and component manufacturing. Government officials are open to industry sugges...
India set to approve $1.2 billion incentive plan to make building equipment, sources sayIndia is set to approve a $1.2-billion incentive scheme to boost domestic production of high-value construction equipment, including tunnel...
India Inc should utilise FTAs, focus on value addition, diversify export markets, says govt officialIndustry must utilize free trade agreements for expanded market access and investment. Value addition and supply chain resilience are cruci...
Jefferies raises Emmvee Photovoltaic Power target price to Rs 440: Can the stock rally further?Jefferies has raised its target price for Emmvee Photovoltaic Power to Rs 440 from Rs 400, while retaining its Buy rating, implying around ...
India aiming for $100 billion gems and jewellery exports by 2040: Commerce SecretaryIndia has set an ambitious target of reaching USD 100 billion in gems and jewellery exports by 2040. Achieving this goal hinges on innovati...
Govt approves 31 proposals worth Rs 7,877 crore under electronics component schemeThe approvals are aimed at boosting domestic manufacturing of electronic components and strengthening India’s electronics supply chain, acc...
Steel Ministry mandates melt and pour to tighten domestic procurement policyThe Steel Ministry has introduced a melt-and-pour clause for domestic steel procurement. This policy tightens rules for suppliers participa...
Defence Ministry notifies sixth indigenisation list of 405 items including gears for light helicopters, tanks and light combat aircraftThe Defence Ministry has released its sixth indigensition list, featuring 405 items. These components and systems will now be exclusively s...
India's aim to become global manufacturing hub by 2047 requires focused strategy: Niti AayogNiti Aayog identified key sectors for India's manufacturing growth by 2047. Chemicals, textiles, telecom, and solar PV are crucial for indu...
India's telecom & network equipment needs urgent policy support: NITI Aayog says sector could double GDP shareIndia's telecom sector needs policy support to boost domestic manufacturing and exports. Heavy reliance on imports, especially from China, ...