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...
No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...
Ola Electric announces readiness of indigenous 46100 LFP cellOla Electric has developed its new LFP cell, the '46100' format, a bigger and more cost-efficient offering. It will be used in Ola products...
India prepares smartphone export incentives in a boost for AppleIndia is preparing a new round of incentives for smartphone manufacturing that will link government subsidies to exports and greater use of...
PLI schemes attract Rs 1.76 lakh cr investment, create 12 lakh jobs: GovtIndia's PLI schemes show strong results. Investments reach Rs 1.76 lakh crore. Production exceeds Rs 16.5 lakh crore. Over 12 lakh jobs are...
Lack of PLI has been an incentive for us: Ather’s Tarun MehtaAther Energy, not being part of the government’s Production Linked Incentive (PLI) scheme, has turned the situation into an advantage, acco...
Reliance unit risks India fine in rebuke for Ambani’s empireReliance New Energy and Rajesh Exports face penalties for failing to meet deadlines for battery cell production under an Indian government ...
Modi govt has a key task in Budget 2025: Unlocking the PLI goldmineUnion Budget 2025: India's PLI scheme has significantly reduced bureaucracy and improved manufacturing, positioning the country as an alter...
JSW, Reliance, TVS place bids for battery PLI sopsJSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in a producti...
Budget 2024: Will FM Sitharaman expand PLI scheme to other sectors or give it a miss?Union Budget: The primary goal of the production-linked incentive (PLI) scheme is to generate jobs, which India sorely needs. The governmen...
India's production incentive scheme draws $6.54 bn in investments- StatementInvestments under the production-linked incentive, or PLI scheme, are expected to rise further to 2.74 trillion rupees as the scheme runs i...
Samsung spars with India over $110 million production incentivesThe smartphone giant’s India unit is seeking just under Rs 900 crore ($110 million) in incentives for the fiscal year through March 2021, p...
Automated mechanism to capture domestic value addition data of approved PLI-Auto applicants: GovtThe government has launched the Automobile and Auto Component Industry in India (PLI-Auto) scheme with a budgetary outlay of Rs 25,938 cror...
Heavy Industries Ministry signs contracts with three companies for battery manufacturing incentivesIt was initially decided that Hyundai Global Motors will also be getting the PLI support. But this was put on the backburner after it was r...
Reliance, Ola & Rajesh Exports sign program agreement under PLI scheme for battery manufacturingReliance New Energy Limited, Ola Electric Mobility Private Limited and Rajesh Exports Limited, the three selected bidders, signed the Progr...
Healthcare stocks notch up gains ahead of Budget; here’s what market expectsWith the vaccination drive in the country being expanded, analysts expect the Budget to ramp up allocations across the infrastructure chain...
India retains position as third largest economy in PPP, global actual Individual consumption, capital formationThe findings are part of the World Bank new PPPs for reference year 2017, under the International Comparison Programme that adjust for diff...