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INDIA MANUFACTURING SCHEME
Govt's Rs 7,280 crore rare earth magnet scheme draws 20 bids, including L&T, Coal India, ReNewTwenty bids were received for the government's rare earth magnet manufacturing scheme. This initiative aims to establish 6,000 metric tonne...
India's electronics exports surge 11-fold to Rs 4.24 lakh crore, women's workforce nears 30%India's electronics export industry has experienced a remarkable increase, soaring over elevenfold to reach Rs 4.24 lakh crore by FY2025-26...
Swadeshi 1.0 vs. Made in India 2.0: How India turned a 1905 boycott into a 2026 business strategyIndependence Day 2026: From the Swadeshi movement to Atmanirbhar Bharat. Early Swadeshi movements fostered indigenous industries against im...
India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MDIndia must double infrastructure investments to forty lakh crore rupees annually. This significant scaling up is crucial for achieving long...
India’s EV charger network crosses 67,600 as FAME-II supports 16.7 lakh vehiclesIndia has installed over 67,000 electric vehicle chargers nationwide. The FAME India Phase-II scheme supported 16.72 lakh electric vehicle ...
Ola Electric gets two-year extension on cell-manufacturing PLI milestonesThe revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7,240 crore in cumulative incentive...
Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 croreGovernment subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore all...
Electric two wheeler subsidies extended till March 2028Electric two-wheeler subsidies are extended by the government until March 2028. An incentive of up to Rs 5,000 per vehicle will continue un...
Ola Electric auditor flags Rs 57 crore PLI penalty reversal in Q1 resultsOla Electric's auditor raised concerns regarding the reversal of a Rs 57 crore penalty related to missed investment milestones under PLI wi...
Govt says youth unemployment rate declined to 9.9% in 2025 from 10.9% in 2022India's youth unemployment rate fell to 9.9 percent in 2025 from 10.9 percent in 2022. The worker population ratio for young people increas...
MNRE mulls incentive scheme to boost polysilicon manufacturingIndia is on a path to significantly increase its renewable energy capabilities, targeting 500 GW by 2030. With government incentives foster...
Solar powers non-fossil capacity past 300 GWIndia’s non-fossil power capacity has crossed 300 GW, reaching 60% of its 500-GW target for 2030. Solar leads with 164.59 GW, while non-fos...
BIS to scale up silver hallmarking testing as buyers shift from costly goldThe Bureau of Indian Standards is expanding silver jewellery testing capacity. This move comes as demand for silver increases due to rising...
India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman saysIndia's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This ...
Government explores incentives for polysilicon manufacturing to boost solar energy productionThe government is exploring a new incentive scheme for polysilicon manufacturing. This initiative aims to bolster domestic production capab...
India to launch PLI scheme for polysilicon manufacturing to cut import dependence on ChinaIndia plans a new incentive scheme for domestic polysilicon production. This move aims to reduce reliance on imported solar materials. The ...
Efforts on to boost energy storage: Pralhad JoshiRenewable energy minister Pralhad Joshi highlighted government efforts to boost energy storage deployment. Viability gap funding for batter...
India must manufacture clean-tech, not just consume it: Steel Minister KumaraswamyIndia's energy security now depends on manufacturing and resilient technology supply chains. The nation aims to become a global hub for cle...
Govt weighs PLI 2.0 with sharper focus on high-performing sectorsIndia is planning a second phase for its production-linked incentive programme. This new phase will support high-performing sectors and red...
How the Mobile Phone Manufacturing Scheme could make India a global electronics manufacturing hubIndia's new Mobile Phone Manufacturing Scheme prioritses scale and exports. This strategy aims to build a robust electronics manufacturing ...