Manufacturing sector expected to reach $1 trn by 2025-26 led by Gujarat
NEW DELHI : The Indian manufacturing sector is experiencing a surge in investments, marking a significant milestone in the nation’s economic landscape. According to a report by Colliers, this has poised India’s manufacturing market
Disbursal of Rs 79 Cr under PLI for white goods expected in last quarter
NEW DELHI : The government is expected to disburse Rs 79 crore fiscal incentives under PLI for white goods in the last quarter of this financial year as certain selected beneficiary firms have started
Duty-Free : Amitabh Kant advises minimum duty on certain imports for maximum exports
NEW DELHI : India should scrap import duties on inputs used in the manufacture of products that are exported, particularly high value-added items like smart phones and electric vehicles, G20 Sherpa Amitabh Kant said.
27 Companies approved for Production-Linked Incentive (PLI) Scheme 2.0 for IT Hardware
NEW DELHI : In a significant development, a total of 27 companies have received approval for the Production-Linked Incentive (PLI) Scheme 2.0 in the IT hardware sector. Out of these, 23 are poised to
India to identify key sectors to drive its roadmap for becoming a Global Manufacturing Hub
NEW DELHI : The NITI Aayog is currently in the process of identifying around twelve sectors in which India can emerge as a global manufacturing hub. This initiative involves assessing the export potential of
DPIIT revises white goods PLI scheme : Beneficiary must get cost certificate for sales
NEW DELHI : The government has revised the guidelines for the Rs 6,238 crore production-linked incentive scheme (PLI) for white goods as per which the companies selected under the programme will have to submit a certificate
Make in India: Govt eyes $20 billion local sourcing for IT parts
NEW DELHI : Eyeing a massive surge in local sourcing of components for laptops and servers at around $20 billion over the next four years against the $1 billion procurement now, the government is set to
Rising logistics demand expected to create 10 mn jobs in India by 2027
NEW DELHI : Buoyed by government policies and rising economic activities, the Indian logistics industry is poised for rapid growth and is expected to create 10 million jobs by 2027, a report said on