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.
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.
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.
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.
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
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."
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.
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.
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.
Bengaluru (Karnataka) [India], June 18: In less than a year, India's technology sector has experienced an astonishing surge in the demand for Artificial Intelligence (AI) and Machine Learning (ML) talent. According to a recent report by the National Association of Software and Service Compan
Faced with supply chain disruptions, particularly since the Covid pandemic hit in 2020 and subsequent flare up of geopolitical tensions that still continues, many leading global companies, in specific that are into manufacturing space, are diversifying their operations across regions. These