The government disbursed only Rs 2,900 crore till March 2023 out of Rs 3,400 crore claims received under the scheme so far
"Paytm soundboxes are completely made in India. We have done indigenisation of soundboxes. As we all know, we are under pressure from one new thing. When soundboxes come from overseas, duty is not levied on them but we are...
The suggestion was made in a workshop on the production-linked incentive (PLI) scheme called by the ministry on June 27.
Lenovo India Commercial Business Executive Director Ajay Sehgal said that the company has been manufacturing in India for about the last two decades and now even exporting from India
As the result of enabling policies, the industry has already reached Rs 18,000 crore in telecom manufacturing under the PLI scheme, a statement by telecom minister Ashwini Vaishnaw said on Wednesday.
Commerce and Industry Minister Piyush Goyal stated that the government is committed to fostering a conducive business environment and accelerating growth in PLI sectors.
PLI scheme was announced in 2021 for 14 sectors such as telecommunication, white goods, textiles, manufacturing of medical devices, automobiles, specialty steel, food products, high-efficiency solar PV modules, advanced...
Apple iPhone exports from India surged nearly four times to over $5 billion in fiscal 2022-23 as the company ramped up local production of its devices
Rajan in a social media post questioned the outcome of the PLI scheme for mobile phones as companies continue to import most of the components, and the...
According to the report by staffing company TeamLease Services, over 80 per cent of respondents believe that IT and banking and Financial Services will benefit...
The government has rolled out Production Linked Incentive (PLI) scheme for 14 sectors, including telecommunications, electronics, white goods and pharma with...
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that due to the schemes, there was an increase of 76...
The move comes as tax evasion and alleged illegal remittances are under scrutiny
Mansukh Mandaviya highlighted that India is the "pharmacy of the world" and the industry needs to focus on research and innovations, besides being aware of...
GTRI asked government to provide access to technology and low-cost finance to small firms
PLI Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices
Ministry of Heavy Industries notified PLI scheme for Automobile and Auto Component Industry in India (PLI-AUTO Scheme) on September 23, 2021, with a budgetary...
A maximum of Rs 1,649 was disbursed in the electronics sector. It was followed by pharma (Rs 652 crore), food products (Rs 486 crore), telecom (Rs 35 crore),...
The Global Trade Research Initiative (GTRI) report said that creating sustainable and competitive manufacturing is imperative to increase the share of...
The ministry said that manufacturing capacity totalling 7,400 MW is expected to become operational by October 2024, 16,800 MW capacity by April 2025 and the...
As per a report by the India Brand Equity Foundation (IBEF), India is home to over 200 semiconductor design and embedded software companies and therefore it is...
The minister further asked the industry stakeholders to share their suggestions and feedback so the next PLI Scheme for specialty steel can be prepared at the...
BJP president J P Nadda on Monday interacted with a group of students of Delhi University hailing from different states and said the party-led governments at...
India is the fourth largest producer of zinc contributing to six per cent of the world's capacity alone, he said adding 80 per cent of the non-ferrous metal...
GX Telecom has the capacity to make 3.5 lakh units of GPON equipment which are used for rolling out broadband networks
