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Adani JV and IdeaForge among 14 firms shortlisted as beneficiaries for drone PLI scheme

Under the PLI scheme that was announced last year, the incentive for a manufacturer of drones and d…

PTI   


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3 mins read

This telecom equipment maker is up six fold in one year while waiting for production linked incentives

We are happy to share that Tejas Networks has bagged an optical network expansion deal from @airtel…

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2 mins read

Government approves ₹26,058 crore PLI scheme for auto and drone industries

The ₹26,058 crore will be divided between the auto sector and the drone industry out of which …

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Alok Industries, Arvind, Deepak Spinners, Trident gain on PLI for textiles sector, analysts expect the rally to continue

A few textile company stocks gained on Wednesday as investors cheered the government’s approval for…

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Union Cabinet approves PLI scheme worth ₹10,683 crore for textiles

Under the scheme incentives worth ₹10,683 crore will be provided over five years. The gover…

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5 mins read

As the CEO of eBay, I keep employees productive by asking this simple question about our work

eBay CEO Jamie Iannone measures employees' effectiveness against how well they serve customers. AI …

Madeline Stone   


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Indian government wants its IT hardware industry to be as globally successful as TCS, HCL Tech and Infosys — announces PLI scheme worth ₹7,250 crore

The Indian government’s aim is to make Indian IT hardware as successful as Indian IT services — whi…

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4 mins read

A playbook for Budget 2021 to boost electronics manufacturing in India

In line with its Atmanirbhar Bharat (self-reliant India) campaign, the Indian government has put ma…

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Atmanirbhar Bharat, manufacturing and healthcare may be central themes in India's budget for next year

Manufacturing industry is expected to get a big push in the Union Budget 2021-22 as the country foc…

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Ahead of Nirmala Sitharaman’s press conference, reports say there is a Diwali stimulus package coming

The report suggests that the package size could be much smaller than the last stimulus package o…

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Indian government approves the Production Linked Incentive scheme for 10 sectors worth ₹2 lakh crore

The total outlay has been pegged at Rs 1,45,980 crore. Announcing the decision, Union Finance Mi…

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2 mins read

Indian government is reportedly working on a package to push semiconductor production in India

The Indian government is reportedly working on a multi-billion-dollar capital support and productio…

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3 mins read

SIMPLY PUT: Watch out for production linked incentives in the budget⁠ — here’s how it will work

The Production-Linked Incentive (PLI) scheme was introduced by the government to incentivise and bo…

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1 min read

Cabinet approves production-linked incentives for electronics mfg firms

"Two long-term policy decisions have been taken to make India hub of electronics manufacturing in n…

PTI   


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After iPhones, Apple reportedly starts manufacturing components for AirPods in India

In a push to domestic manufacturing, Cupertino tech giant Apple has reportedly started manufacturi…

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Govt notifies schemes with Rs 48,000 cr incentive to boost electronics production

"The Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing proposes a…

PTI   


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Apple could be looking to increase production in India but its geopolitical tension with China might hinder the process, says analyst

It is being said that India and Vietnam could be the potential alternative to China as these cou…

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2 mins read

India’s plan for new textile parks includes a ₹10 crore incentive each year for units with 100 employees

In a bid to give a boost to India's textile sector, the government today announced the PM Mitra Yoj…

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2 mins read

Elon Musk is angry about a new bill that includes a $4,500 tax incentive for electric vehicles built by companies with unions

Elon Musk said Ford and the United Auto Workers union had written the bill, but he didn't offer any…

Isobel Asher Hamilton   


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1 min read

India's solar industry may soon get incentives to boost manufacturing and cut Chinese imports

Silicon wafers and ingots are critical components that go into manufacturing solar cells and mod…