Mobile phone makers with turnover of Rs 10,000 cr in FY26 eligible for MPMS: GovtThe government’s Rs 62,500-crore Mobile Phone Manufacturing Scheme (MPMS) will cover mobile phone makers and electronics manufacturing serv...
21 Aug, 2026, 05.04 PM IST
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...
21 Aug, 2026, 02.42 PM IST
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...
21 Aug, 2026, 01.09 PM IST
India’s rare earth push must go beyond magnets to build a China-independent supply chainIndia’s rare earth strategy must extend beyond magnet manufacturing to build a resilient, China-independent supply chain, EY-Parthenon part...
20 Aug, 2026, 11.49 PM IST
India to enable BVLOS drone operations by end-2026, says Civil Aviation MinisterIndia plans drone sector reforms, aiming for BVLOS certification by 2026. A new financial incentive scheme will boost domestic drone manufa...
19 Aug, 2026, 10.11 AM IST
Indian Railways eyes cheaper green hydrogen to expand train operationsIndian Railways seeks to expand green hydrogen suppliers and reduce procurement costs. Hydrogen trains have already completed over 2,500 ki...
19 Aug, 2026, 09.09 AM IST
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...
18 Aug, 2026, 06.19 PM IST
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...
18 Aug, 2026, 05.11 PM IST
Tax Bill 2026 clears tax hurdles for electronics manufacturing and boosts India's global supply chain competitivenessThe Taxation and Other Laws (Amendment) Bill 2026 is a transformative measure aimed at boosting global electronics supply chains. By elimin...
13 Aug, 2026, 11.26 PM IST
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...
13 Aug, 2026, 07.57 PM IST
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...
13 Aug, 2026, 03.37 PM IST
Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window throug...
12 Aug, 2026, 12.54 PM IST
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...
12 Aug, 2026, 10.44 AM IST
L&T plans to manufacture rare-earth magnets in India to challenge China’s dominanceLarsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter s...
11 Aug, 2026, 01.15 PM IST
Bhagwati Products may delay IPO by up to 3 quartersBhagwati Products may delay its initial public offering by several quarters. Volatility in memory chip prices hinders production forecasts ...
11 Aug, 2026, 06.26 AM IST
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...
10 Aug, 2026, 09.13 AM IST
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...
08 Aug, 2026, 01.21 AM IST