India Cuts PLI-Auto Budget to ₹2,000 Cr for FY26
India's heavy industries ministry plans to reduce the PLI-Auto scheme's FY26 budget to ₹2,000 crore, based on manufacturer claims. Tata Motors and Mahindra lead the beneficiaries.
India's heavy industries ministry plans to reduce the PLI-Auto scheme's FY26 budget to ₹2,000 crore, based on manufacturer claims. Tata Motors and Mahindra lead the beneficiaries.
India's PLI scheme for white goods gets a ₹1,914 crore investment boost from 13 companies, boosting domestic manufacturing of AC and LED components and creating jobs.
Indian electronics maker Syrma SGS targets laptop motherboard manufacturing by FY27, eyeing 5% margin boost and PLI benefits. Talks ongoing with MSI and DynaBook.
Indian government unveils third PLI scheme phase for speciality steel sector, targeting massive ₹44,000 crore fresh investment and significant production capacity expansion to reduce import dependency.
India's ambitious Production Linked Incentive scheme for speciality steel attracts massive investments, creating thousands of jobs and boosting domestic manufacturing capabilities in the steel sector.
India launches ambitious ₹6,500 crore scheme to triple rare earth magnet manufacturing, reducing import dependency and strengthening electric vehicle and defense sectors.
TVS Motor Company reports stellar Q2 FY2024 results with 47% profit surge to ₹537 crore. Strong exports, easing raw material costs, and robust domestic demand drive impressive performance.
China has formally complained to the WTO about India's electric vehicle subsidies, claiming they discriminate against foreign manufacturers. This could impact India's ambitious EV policy and domestic manufacturing push.
Government approves seven major electronics component projects under ECMS scheme, fueling domestic manufacturing and employment growth across India.
India's electronics manufacturing sector experiences unprecedented growth with ₹4 trillion investments and 1.5 lakh new jobs. Union Minister Ashwini Vaishnaw reveals massive expansion in mobile, IT hardware, and component manufacturing.
Union Minister Ashwini Vaishnaw announces approval of 7 new electronic component manufacturing plants under ECS scheme, creating 5,000+ jobs and ₹700 crore investment in India's electronics ecosystem.
Union Minister Piyush Goyal makes a compelling pitch to German industry leaders, highlighting India's economic resilience, PLI schemes, and vast opportunities in manufacturing, renewables, and supply chain diversification.
India launches groundbreaking REPM scheme to boost rare earth production through e-waste recycling, reducing import dependency and powering EV batteries and electronics manufacturing.
Indian government extends PLI scheme application deadline for white goods manufacturers. Get details on eligibility, benefits, and how this extension boosts Make in India initiative.