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MOBILE MANUFACTURING PLI SCHEME
Cabinet hikes Dearness Allowance by 3% with Rs 10,000 crore allocation; check key announcementsDA hike: The Union Cabinet approved significant development schemes totaling Rs 29,267 crores aimed at various sectors. This includes a Rs ...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to ...
'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remark, cites Rs 3 lakh crore PLI returnsUnion Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark....
Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh peopleIndia's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 cro...
Textile PLI scheme likely to be extended by four years with easier norms for MSMEsThe government plans to extend the PLI scheme for textiles for four years with easier criteria. This initiative aims to increase participat...
Protectt.ai takes majority stake in Bosch-incubated AIShield to build security platformProtectt.ai, backed by Bessemer Venture Partners, has invested through a mix of primary and secondary share purchases. The business — AI Sh...
Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...
China’s proposed solar technology export curbs may delay India’s domestic manufacturing push: ReportChina's plan to impose export controls on photovoltaic technologies could create challenges for India's solar manufacturing sector and affe...
A missed call for China is a loud wake-up call for desi companiesIndian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking dema...
23 October 2028: Forget iPhone Duo, Ashwini Vaishnaw says India will have its own Apple and Samsung moment in 2 yearsAshwini Vaishnaw says India will have its own Indian-designed, manufactured and branded smartphones in the next two years by October 23, 20...
Government needs to incentivise domestic solar production as China eyes curbs on tech exports: Solex ChairmanThe government needs to incentivize domestic production of solar equipment, as China's proposed export restrictions may create supply issue...
Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
Govt to issue consultation paper on AI law in coming weeks: VaishnawThe minister said that global giants, who are among the top three or four AI ecosystems in the world, need to work jointly on fundamental p...
India's chip path is clearly laid out: Ashwini Vaishnaw outlines road map to a bigger, better semiconductor ecosystemVaishnaw said India’s semiconductor ambitions rest on a clear sequence: establish a foothold in high-volume chip manufacturing, develop dom...
Samsung to boost India phone exports under new incentive schemeThe South Korean electronics giant is considering expanding India production, including making fresh investments, to boost exports from her...
Tata Electronics wants bigger bite of AppleThe company is seeking to climb the value chain and garner a larger piece of the Apple pie in India, an industry source said. This becomes ...
Event data recorders may be mandatory for vehiclesBy 2029, India's ministry of road transport and highways is looking to enforce the installation of event data recorders in vehicles to enha...
Wipro GE HealthCare considering fifth India plant, plans to double exportsWipro GE HealthCare is evaluating options for a new manufacturing facility in India to enhance operations. The company operates four plants...
Semiconductor ecosystem: Made in India and designed for IndiaIndia’s competitive advantage will not come from manufacturing at China’s scale or cost. It lies in building customised devices for specifi...
Centre extends bid deadline for advanced chemistry cell battery PLI scheme to November 10In a recent announcement, the Ministry of Heavy Industries confirmed the extension of the ACC Production Linked Incentive Scheme deadline t...