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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’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...
India's battery storage self-reliance a decade away amid tech, financing and execution delays: ReportIndia has just 2 GWh of commissioned cell manufacturing capacity as of 2026, against China's cumulative capacity of 2,695 GWh, the report s...
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...
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...
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...
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 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...
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...
PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
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...
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 ...