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1 day, 19 hours ago

India’s apex auto testing body looks to accelerate to the green lane

New Delhi: India’s primary vehicle research and testing body plans to expand facilities that are focused on so-called new energy vehicles, seeking to keep pace with the government’s rapidly accelerating green mobility drive. Localisation standards under the PM E-Drive scheme and its predecessors FAME 1 and FAME 2 were included in the government’s phased manufacturing programme, which lists auto components …

India Research Battery Testing Auto Facilities Recycling

1 week, 3 days ago

Dixon Technologies stock hits record high, soars 200% since February in bullish streak

Live Mint

Extending their winning streak for the fourth consecutive trading session on December 13, shares of Dixon Technologies surged by another 2%, crossing the ₹18,000 mark for the first time and hitting a fresh record high of ₹18,034 per share. The IT hardware business is expected to be a significant growth driver, as the top four global brands are in a …

India Growth Manufacturing Pli Dixon Pat Ems

3 months ago

Will a new incentives package help India's drone industry lift off?

Live Mint

New Delhi: India’s nascent drone ecosystem is set to receive a ₹3,000-crore booster shot, with the Centre planning a new production-linked incentive scheme for the industry, three people aware of the development said on condition of anonymity. “The incentives plan that’s being discussed includes ₹1,000 crore in PLI support for each of three verticals—drone R&D, testing and component infrastructure, and …

India China Development Industry Drone Incentives Drone Industry

5 months ago

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?

News 18

Union Budget 2024 LIVE: Will FM Will Give Affordable Housing Initiatives? home buyers.” Budget 2024 Expectations Live Updates: Demand For Innovation In Renewable Technologies Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering, said; “As India’s energy demand rises, boosting the share of renewables is crucial for energy security and sustainability, the upcoming union budget is expected to focus on …

India Energy Tax Medical Devices Economic Growth Manufacturing Renewable Energy

5 months, 1 week ago

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

India TV News

Budget 2024: There are high expectations regarding a potential reduction in the price of mobile phones in the upcoming budget. Last year, the central government reduced import taxes on key components, such as camera lenses, to promote mobile phone manufacturing in India. Govt likely to re-implement PLI scheme According to the report, the new NDA government is expected to re-implement …

India Mobile Phones Scheme Pli Budget 2024

5 months, 1 week ago

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

India TV News

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget next week, the private space sector has outlined several key expectations. "More money for space-related acquisitions, tax holidays, import holidays, and PLI scheme for space," Pixxel Space co-founder and CEO Awais Ahmed told the media when asked about his wishlist for the budget. "ISpA calls for a commitment from …

Industry Tax Pti Sector Bhatt Space Budget

5 months, 2 weeks ago

Govt. reopens PLI scheme for white goods till October 12

The Hindu

The Government has reopened the application window for the Production linked Incentive scheme for white goods from July 15 to October 12, citing industry appetite to invest more in the scheme originally launched in 2021. The Commerce and Industry Ministry said the fresh window was an “outcome of the growing market and confidence generated due to manufacturing of key components …

Pli Target Segment White Goods

10 months, 4 weeks ago

Budget 2024 Expectations: A look at key sectors that will be in focus this year

Live Mint

Finance Minister Nirmala Sitharaman is set to present the interim Budget 2024 that is expected to outline estimates for revenue, expenditure, financial performance, fiscal deficit, and projections. Read here: Budget 2024: No change likely in capital gains taxes this time, says Hemant Sood of Findoc Meanwhile, Niraj Kumar, Chief Investment Officer at Future Generali India Life Insurance Company, added that …

India Growth Infrastructure Development Budget Focus Electric Vehicles

11 months, 1 week ago

Will Budget 2024 expand PLI schemes to attract investments?

Live Mint

Budget 2024: While the PLI scheme aims to incentivise domestic value addition and exports, there have been calls for localization requirements around sourcing components to prevent misuse. The budget should clarify efficient sunset clauses, seamless dispute resolution mechanisms, and clear eligibility criteria linking incentives to production milestones rather than mandating strict local sourcing levels initially. Gurmit Singh Arora, National Prеsidеnt, …

Budget 2024 Scheme Pli Sectors Expand

1 year, 1 month ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

India China Congress Manufacturing Indian Samsung Apple

1 year, 6 months ago

'Raghuram Rajan used false figures to...': Union Minister

India TV News

Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Thursday hit out at former Reserve Bank of India Governor Raghuram Rajan for raising concerns over the government's performance-linked incentive scheme, saying that he used false figures, questionable analysis, and advice of unidentified "industry experts" for his research paper. The imports linked to mobile phone manufacturing are merely $22 …

India Mobile Phones Mobile Manufacturing Phone Minister Billion

1 year, 9 months ago

Kishan says centre investing â‚¹2 lakh crore on PLI schemes

Deccan Chronicle

Visakhapatnam: Union tourism minister G. Kishan Reddy said the Centre is implementing Production Linked Incentive schemes worth â‚¹2 lakh crore in 14 key sectors as part of Atmanirbhar Bharat, which would create 60 lakh jobs. Jagan Mohan Reddy, the Union minister underlined that PLI schemes are available to sectors like mobile manufacturing, electronics, food products, pharmaceuticals, medical devices, batteries, automobiles …

Union Kishan Centre Pli Kishan Reddy Pli Schemes

1 year, 9 months ago

Indian telecom operators surpass 3-year 5G rollout target in six months

The Hindu

Indian telecom operators have surpassed the three-year 5G network rollout target given to them within six months and now the government is making efforts to enhance adoption of 5G applications across various key segments, a senior government official said here. I'm glad to say that in the first six months of 5G rollout, they have surpassed all the targets that …

India World Telecom Indian Rao Pli Six Months

1 year, 10 months ago

Union Budget 2023-24: Consumer Electronics sector expects proposals to bolster its growth

Firstpost

It would also be very helpful to the sector if the government provides incentives for the domestic design and manufacture of electronics Around 62 per cent of industry leaders were optimistic about India’s growth prospects in 2023, according to a recent survey by Deloitte. Outlook for electronics sector In recent years, there has been a lot of discussion around India …

Global India Growth Budget Manufacturing Indian Electronics

1 year, 10 months ago

Budget 2023: An Opportunity To Push India's Pharma Industry Development

News 18

The Union Budget 2023-24 will be presented on February 1 against the backdrop of a global recessionary fear. Several public sector schemes launched in the past few years, including the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission, have focused on building last-mile infrastructure. Outlining the wishlist for the sector in the upcoming Union Budget, Indian Pharmaceutical Alliance Secretary General Sudarshan …

Health India Healthcare Industry Budget Indian Pharma

1 year, 11 months ago

Samsung's India unit claims government owes it $110 million. Govt says...

Hindustan Times

Samsung Electronics Co. is struggling to collect manufacturing incentives it considers it’s owed by India, highlighting the sometimes complicated nature of such government programs. Samsung's India unit claims government owes it $110 million. Read here: Amazon Republic Day Sale: Here are top 6 picks in mobile phones, up to 37% off The smartphone giant’s India unit is seeking just under …

India Samsung Billion Pli

1 year, 11 months ago

The budget should enhance our ease of doing business globally

Live Mint

During the last couple of years, the government has taken many positive steps to come out with relief and reform measures to manage the impact of the covid pandemic on the Indian economy and industry. A set of general principles applied in the duty structure would encourage domestic manufacturing and calibrate it in alignment with global trade trends in a …

Business India Products Customs Duty Export Scheme

2 years, 1 month ago

Production-linked incentives | Dole or incentive?

India Today

For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. Targeting 14 key sectors, the scheme, with an outlay of Rs 1.97 lakh crore, aimed to create national manufacturing champions, 6 million new jobs and additional production …

India Incentive Pli

2 years, 3 months ago

Focus on innovation, government-industry synergy key for India to become pharmacy of the world

Firstpost

The Indian pharma industry is strongly positioned in terms of production capacity and is also committed to growth Indian pharma industry currently ranks third in terms of pharmaceutical production by volume. A multi-pronged approach to innovation The R&D and clinical trials in the Indian pharma industry are traditionally risk-averse as they face several obstacles that may stifle innovation, such as …

Global India Innovation Industry Indian Production Pharma

2 years, 5 months ago

PLI scheme has potential to add 4% to India’s GDP annually, here’s why

Live Mint

The production-linked incentives scheme which is expected to boost the manufacturing sector has the potential to 4% to GDP per annum in terms of incremental revenues. The scheme which is aimed to offering nearly ₹2.4 lakh crore incentives in key business areas over the next five years, has seen maximum response from the electronics, auto components, and pharma sectors, according …

Manufacturing Report Manufacturing Companies

2 years, 7 months ago

Japan a natural partner: PM Modi

Deccan Chronicle

New Delhi: In Tokyo, on the first day of his two-day visit to Japan, Prime Minister Narendra Modi on Monday said he believes in "drawing lines on stone, not butter" to highlight his and that of 1.3 billion Indians' steely resolve to pursue the path of growth. During the interaction with the Japanese business leaders, Mr Modi "invited greater participation …

Business India Japan Prime Indian Japanese Minister

2 years, 10 months ago

Budget 2022: Custom Duty Reduced on Petroleum Oil, Jet Fuel; Key Indirect Tax Changes Here

News 18

UNION BUDGET 2022: The indirect tax provision introduced in the Union Budget have been with an endeavour to promote domestic manufacturing, sustainability, and incentives to states becoming active stakeholders in the national economy. Some key duty changes are the reduction of Customs duties on Petroleum Oil, ATF, wool products, woven fabrics, yarn, cotton, electric motors, iron and steel scrap, lens …

Tax Budget Customs Manufacturing Pli Domestic Manufacturing Custom Duty

2 years, 10 months ago

Budget 2022: 8 key tax-related expectations

India Today

Finance Minister Nirmala Sitharaman is set to present her fourth Union Budget on Tuesday at a time when India’s economic recovery faces fresh challenges. Here are top expectations of taxpayers and corporates: DIRECT TAXES In the Union Budget 2022, 80C deduction available up to Rs 1.5 lakh a year should be revised upwards significantly. INDIRECT TAXES Rationalisation of Customs duty …

India Tax Customs Pti Pli 2022 Ltcg

2 years, 10 months ago

Budget 2022: Consumer Durables Makers Want FM Sitharaman to Reconsider Tax Slabs

News 18

The economic impact of the Covid-19 pandemic in India has been largely disruptive. Here are a few key things that the consumer durables industry will expect finance minister Nirmala Sitharaman to address as she presents the Union Budget 2022. Reconsider tax slabs for certain categories to help address price hike issues The rationalisation of GST would play another crucial point …

Consumer Pli Gst Consumer Durables India Products

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Articles for Pli, search results for key

India’s apex auto testing body looks to accelerate to the green lane

Dixon Technologies stock hits record high, soars 200% since February in bullish streak

Will a new incentives package help India's drone industry lift off?

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

Govt. reopens PLI scheme for white goods till October 12

Budget 2024 Expectations: A look at key sectors that will be in focus this year

Will Budget 2024 expand PLI schemes to attract investments?

Smartphone manufacturing: How 'Make in India' is marking a difference

'Raghuram Rajan used false figures to...': Union Minister

Kishan says centre investing â‚¹2 lakh crore on PLI schemes

Indian telecom operators surpass 3-year 5G rollout target in six months

Union Budget 2023-24: Consumer Electronics sector expects proposals to bolster its growth

Budget 2023: An Opportunity To Push India's Pharma Industry Development

Samsung's India unit claims government owes it $110 million. Govt says...

The budget should enhance our ease of doing business globally

Production-linked incentives | Dole or incentive?

Focus on innovation, government-industry synergy key for India to become pharmacy of the world

PLI scheme has potential to add 4% to India’s GDP annually, here’s why

Japan a natural partner: PM Modi

Budget 2022: Custom Duty Reduced on Petroleum Oil, Jet Fuel; Key Indirect Tax Changes Here

Budget 2022: 8 key tax-related expectations

Budget 2022: Consumer Durables Makers Want FM Sitharaman to Reconsider Tax Slabs