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INVESTMENT INCENTIVES
- Investors favour states offering better incentives as Andhra Pradesh secures Rs 9.89 lakh crore in MoUs: N Chandrababu Naidu
With Tamil Nadu and Andhra Pradesh competing aggressively to attract investments from each other, Naidu sought to put the controversy to re...
India's PLI schemes meet 76% investment target but create just 28% of promised jobsDespite significant investments under the production-linked incentive scheme, India is falling short of its job creation ambitions. With 76...
PLI schemes achieve 76% of investment target, 64% of production goal: Niti AayogThe production-linked incentive (PLI) scheme has achieved 76% of its investment target and 64% of its production target, with electronics, ...
Ola Electric’s Q2 revenue slumps 39% to Rs 421 crore, losses narrowThe company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company...
Shree Cement to invest Rs 7,000 crore in Andhra Pradesh; plans plants in 3 districtsShree Cement Ltd plans to invest Rs 7,000 crore to establish cement plants in Andhra Pradesh. The company will set up facilities in Kadapa,...
GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra PradeshGAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate...
ET Interview: Andhra Pradesh plans rule to ringfence investments from political flux, says CM NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu said the state will introduce an Investment Protection Act to ensure that future governme...
HEG Advanced Materials shares gain 5% after subsidiary secures Rs 610 crore incentive under ECMSHEG Advanced Materials shares rise 5% after subsidiary TACC receives ₹609.50 crore incentive approval under the ECMS scheme for its Dewas s...
Government extends ₹2,700-crore PLI scheme for medical devices till 2035-36, eases eligibility normsThe government has extended the ₹2,700-crore production-linked incentive (PLI) scheme for domestic medical device manufacturing until 2035-...
Green hydrogen demand slump delays electrolyser projects to August 2027Weak demand for green hydrogen is prompting nearly half-a-dozen companies to defer commissioning their electrolyser manufacturing facilitie...
Government invites fresh applications under Rs 2,700 crore medical device PLI schemeThe government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended...
Waaree Energies to invest 15,000 cr in green ammonia project in AndhraWaaree Energies will invest approximately ₹15,000 crore to establish a green ammonia project in Andhra Pradesh. The facility will have an a...
India risks losing tax revenue by delaying global minimum tax rolloutIndia’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countr...
Assam plans 6,000-bigha Defence Park in Morigaon to boost defence manufacturingAssam Government has approved the establishment of a Defence Park on approximately 6,000 bighas of land. This initiative aims to enhance de...
Kerala to launch digital dashboard for real-time monitoring of projectsKerala plans to introduce a digital dashboard at the Chief Minister's Office for project monitoring. This initiative aims to track infrastr...
India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investorsThe government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subs...
West Bengal may get 1 lakh crore investments in a few months: Suvendu AdhikariSuvendu Adhikari said the BJP-led government would offer incentives starting May 9, but would be unable to clear the industrial incentives ...
Govt working on telecom PLI with focus on higher local value additionThe Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme ...
West Bengal's new investment policy wins industry praise for jobs, innovation and ease of doing businessMehul Mohanka, Chairman, CII Eastern Region said, "The policy is a progressive and forward-looking framework that reinforces the State’s co...
West Bengal investment policy puts jobs first, offers up to 120% assistance to industriesWest Bengal has launched a new investment promotion policy aimed at encouraging industrial growth and job creation. The policy includes sub...