Marking a decade of Make in India initiative, Commerce Minister Piyush Goyal has urged the Indian industry to focus on prioritising the production of high-quality goods to promote Brand India through sustainable practices.
As part of its Atmanirbhar and Make in India plan, the government launched production incentive (PLI) schemes in 14 sectors in 2020, to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency
This rise is largely attributed to favourable government policies like the Production Linked Incentive (PLI) scheme, which covers 14 sectors, and the global shift towards the "China + 1" strategy, where manufacturers diversify supply chains away from China.
Pune (Maharashtra) [India], September 9: The first equity fund to be launched by Bajaj Finserv AMC, the Bajaj Finserv Flexi Cap Fund in its inaugural year delivered returns of 41.30%* under the regular plan and 43.43%* under the direct plan.
The stage is set for a new era of growth fuelled by recent reforms and strategic initiatives of the government. Over the past decade, key reforms such as the Make in India initiative, the Unified Payments Interface (UPI), the Real Estate Regulatory Authority (RERA), the Insolvency and Ban
More Indians should invest in domestic startups to sustain the growth of the Indian startup sector, India's G20 Sherpa Amitabh Kant has said, noting that most countries across the world have high regard for India's economic growth and the Indian companies should get bigger
Gensol Engineering, in collaboration with Matrix Gas & Renewables, emerged as a winner for a 237 MW annual capacity bidding under the Production Linked Incentive (PLI) scheme for setting up an electrolyser manufacturing plant.
A special online portal to fast-track visas for Production Linked Incentive (PLI) schemes has been kick-started by the Ministry of Home Affairs, a government official told ANI.
An incremental investment worth Rs 8,803.14 crores were made under the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors leading to production of Rs 18,083.55 crores, Minister of State for Electronic & Information Technology, Jitin Prasada informed Rajya S
As of June end, a cumulative investment of Rs 8282 crore by 32 companies is done under the Production-linked incentive (PLI) scheme for large-scale electronics manufacturing in the country. The Minister of State for Electronics and Information Technology, Jitin Prasada informed the Lok Sabha
The foreign direct inflows in India will continue to surge as long as the "China plus one" strategy combined with the production linked incentive (PLI) schemes are working, highlights a report by Jefferies, an investment banking and capital markets firm.