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GOVT INVESTMENT IN PLI
India spots an export champion in a sector tariffs failed to sinkIndia's seafood sector has demonstrated remarkable resilience, transforming a 50% US tariff into a catalyst for growth. Through strategic m...
Ola Electric in talks to supply battery cells to global automakersOla Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri...
Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
Govt nod to 52 applications in textile PLIThe government has approved 52 new textile applications under the PLI Scheme. These companies will invest Rs 6,708 crore. This initiative a...
Centre to expand product coverage under Rs 10,683 crore textile PLI, says Giriraj SinghThe government plans to broaden the Production Linked Incentive scheme for textiles. This expansion will include man-made fibre apparel, fa...
Govt notifies major amendments to PLI scheme for textilesThe Textile Ministry has revised its Production Linked Incentive Scheme for textiles. Key changes include expanding eligible products, halv...
Budget 2025: Sitharaman proposes national manufacturing mission to boost India's 'atmanirbharta'Union Budget: Finance Minister Nirmala Sitharaman emphasized the government's commitment to bolstering the Make in India scheme through the...
Will Nirmala Sitharaman under-promise and over-deliver in Budget? BofA predictsFinance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget, expected to include an effective tax rate cut, ...
Hyundai flags concerns with 'changes' by Indian govt ahead of planned Rs 25,000 crore IPOHyundai, which plans to raise Rs 25,000 crore through the Indian stock market by selling a 17% equity stake in the local unit, flagged the ...
What needs to be on returning Finance Minister Nirmala Sitharaman’s to-do listBack as FM, Sitharaman’s new challenges include economic costs of climate change, low job creation & tepid private investment
Govt finally takes note of woes of companies that need but can't get Chinese hands on timeMany Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to ava...
PLI scheme allocation hiked by 33% in Budget 2024BUDGET ANNOUNCEMENT: The Narendra Modi government has increased the budget for the Production-Linked Incentive (PLI) scheme to Rs 6,200 cro...
PLI schemes report card: Production/sales touch Rs 8.61 lakh crore; over 6.78 lakh jobs created so farPLI schemes form a major plank of India's Atmanirbhar plan. Currently, PLI schemes for 14 key sectors (with an incentive outlay of Rs. 1.97...
Private sector firms could turn big spenders, soonReliance Industries will dominate the mix with a large investment programme across oil-tochemical, new energy and digital services business...
PLI scheme for textiles attracts Rs 1,536 cr in investments: GovtThe Centre launched the PLI Scheme with an approved outlay of Rs 10,683 crore to promote the production of MMF apparel, MMF fabrics and Pro...
Mutual fund Investors should not miss India’s manufacturing, infrastructure turnaroundWhile the public sector capex remains at full throttle, green shoots are also visible in private capex. A study of around 4,500 listed comp...
Private investment yet to pick up pace; govt push driving recoveryEven as investments in most sectors have remained below pre-Covid levels, it is the government that is the driving force behind India’s roa...
Govt notifies PLI scheme guidelines for specialty steelOn July 22, the Union Cabinet chaired by Prime Minister Narendra Modi had approved the Rs 6,322-crore PLI scheme to boost production of spe...
India aims to surpass China in mobile manufacturing: Ravi Shankar PrasadIndia is now aiming to surpass China in the field of mobile manufacturing with the production-linked incentive (PLI) scheme attracting glob...