Engineering exports rise to $122 billion, emerge as India's largest export segmentThis remarkable growth, driven by government support and a diversified product basket, highlights the sector's resilience and global compet...
PLI 2.0: India bets big on making more of the smartphone at homeIndia is updating its mobile phone production incentive scheme. The new plan targets over 55% domestic value addition. It will also link wi...
PLI 2.0 scheme for mobile phones may ring louderIn a bold move to reshape the electronics industry, India is enhancing its mobile phone production incentives with a focus on achieving ove...
Govt plans new TTDF with higher outlay by October to boost telecom R&D, says PemmasaniThe government is set to launch an enhanced Telecom Technology Development Fund (TTDF) with a larger outlay by October, according to Minist...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
Central government workers seek wages based on five-member familiesCentral government employees are demanding a significant overhaul of their pay structure. They want the government to consider a family of ...
Government likely to roll out mobile PLI 2.0 with outlay of over $5 billion by MayIndia is set to introduce a new production-linked incentive scheme for mobile phone exports by May. This initiative will have an outlay exc...
India Pharma 2026 event: Nadda lays out road map for India to take global pharma leadership roleIndia Pharma Conference: India is set to become a global leader in advanced medicines like biologics and biosimilars, Union Minister J P Na...
Govt nod to 52 applications in textile PLIThe government has approved 52 new textile applications under the PLI Scheme. These companies will invest Rs 6,708 crore. This initiative a...
Drone industry wants PLI outlay raised to help more companies take offSCALE is an initiative under the ministry of commerce and industry, which is chaired by IN-SPACe chairman Pawan Goenka. IN-SPACe is India’s...
Commerce ministry recommends Rs 3,489 crore for PLI scheme for toys; Rs 2,600 crore for footwearAs these two schemes are yet to be cleared by the Union Cabinet, the interim Budget has made a token provision of Rs 1 lakh towards these s...
PLI schemes to be reviewed by fiscal year-end for any 'course correction'Department for Promotion of Industry and Internal Trade (DPIIT) secretary Rajesh Kumar Singh said the respective ministries have to see if ...
Cabinet approves Rs 17,000 crore-IT Hardware PLI, Rs 1.08 lk cr fertiliser subsidy"For IT PLI, the budgetary outlay is Rs 17,000 crore. The tenure of the programme is six years," Union Minister for IT and Telecom Ashwini ...
Rs 53,500 cr PLI investment till December 2022, govt disbursed Rs 2,874.71 cr till MarchPLI schemes for 14 sectors were announced during the Covid pandemic in 2020 with an outlay of Rs 1.97 lakh crore to boost domestic manufact...
Manufacturing sops in green energy, pharma & battery sectors to boost capex: Icra reportThe government has extended the scheme for a second round on the back of encouraging response in a few sectors. Also, it has increased or i...
Sharpen PLI outlays in manufacturingChinese labour advantage is now diminished. India can step into the breach by promoting domestic manufacturing strategically. Import substi...
Rs 2.87 lakh-cr outlay for Jal Jeevan mission: FMIn order to boost manufacturing in India, the finance minister also announced a production linked incentive (PLI) scheme with an outlay of ...