Search For "incentive"
India automotive industry on cusp of transformation, stands to gain from e
Updated : 1 year, 8 months ago IST
India's new EV policy, introduced lately, has provisions for incentives for setting up manufacturing plants in India. Under the government's EV scheme, the government aims to position India as a preferred manufacturing destination for EVs equipped with cutting-edge technology.
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Apple's sales in India, a key market, surge to record USD 8 billion: Bloom
Updated : 1 year, 8 months ago IST
Apple Inc's annual sales in India hit a record of almost USD 8 billion in the recently concluded financial year 2023-24, reported Bloomberg, quoting a person familiar with the data.
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EV Industry seeks incentives, funds for infrastructure, tax rationalisatio
Updated : 1 year, 8 months ago IST
As Finance Minister Nirmala Sitharaman gears up for the Union Budget 2024-25, the Electric Vehicles sector (EVs) looks optimistic about announcements for the growth of the industry.
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Startups demand angel tax elimination, incentives on investments in upcomi
Updated : 1 year, 8 months ago IST
Startups in India have high expectations from this year's upcoming Union Budget. The early-age startups expect the removal of angel taxes, whereas the health tech startups expect increased funding for the sector.
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MSMEs pin hopes on Union Budget 2024-25 for financial relief and growth in
Updated : 1 year, 8 months ago IST
As Finance Minister Nirmala Sitharaman prepares for the upcoming Union Budget, the micro, Small, and Medium Enterprises (MSMEs) are hopeful that the government will prioritise and promote their sector.
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Union Minister Ravneet Bittu discusses the issues of Industry and farmers
Updated : 1 year, 8 months ago IST
Union Minister of state for Railways and Food processing Ravneet Singh Bittu met Union Finance Minister Nirmala Sitharaman and had long discussions on the crucial issues regarding Punjab, seeking special incentives for border districts of Punjab on the pattern of Jammu and Kashmir and beside
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"Wake up Jairam Ramesh, this is not a dystopian world as you put it": Scin
Updated : 1 year, 8 months ago IST
Congress MP Jairam Ramesh today, attacked Telecom Minister, Scindia, where he said that he and the government have made "grandiose claims about India's phone manufacturing growth to justify the massive outlays in Production-linked Incentives (PLIs) given to firms in this sector."
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SBI Research recommends separate PLI Scheme for MSMEs
Updated : 1 year, 8 months ago IST
The Production Linked Incentive (PLI) scheme has been instrumental in augmenting India's manufacturing capacity by attracting fresh investments and facilitating substantial economic activity.
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Production Linked Incentive scheme for drones to kickstart industry, not p
Updated : 1 year, 8 months ago IST
The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for the sector to progress and should not be considered as a permanent subsidy scheme by the government, highlighted Union Minister Piyush Goyal.
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Union Minister Piyush Goyal announces 80 pc licensing fee concession for w
Updated : 1 year, 8 months ago IST
According to a press release by the Ministry of commerce and Industry, these incentives are expected to encourage greater participation and entrepreneurship within the sector.
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Skilling industry demands incentives, tax rebates and labour codes in meet
Updated : 1 year, 8 months ago IST
Leading names in the sector of skilling and employment such as Anshuman Magazine, Suchita Dutta, Sarvesh Agrawal, and Gayatri Vasudevan were present in the meeting.
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Capex and incentives will lead Capital goods sector surge by 9-11 pc in FY
Updated : 1 year, 8 months ago IST
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained double-digit revenue growth amidst robust government and private sector spending.
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