Hyderabad: Indian pharma needs to move from low-risk research and innovation to high-risk research and innovation. And that’s where the country is lagging. Investing in high-risk innovation is very capital intensive and the return on that investment is both uncertain and long-term. To aid innovation, there needs to be adequate risk capital and a different […]
New Delhi: The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response. “The Production […]
New Delhi: India’s smartphone market revenue crossed $38 billion in 2021 with 27 per cent (on-year) growth, as shipments grew 11 per cent to reach 169 million units, a new report showed on Monday. India’s smartphone market retail ASP (average selling price) grew 14 per cent (on-year) to reach its highest ever at $227 (nearly […]
Visakhapatnam: The Production-Linked Incentive (PLI) scheme of the Central government for pharmaceuticals would accelerate further growth in the pharma sector, according to the Joint Secretary-Department of Pharmaceuticals. Addressing Pharma Mart 2021 conference `Pharma manufacturing industry: Challenges and opportunities’ organised by the Confederation of Indian Industry (CII) through virtual mode here on Thursday, he said that […]
The drone airspace map comes as a follow-through of the liberalised Drone Rules, 2021 released by the Central Government on 25 August 2021, the PLI scheme for drones released on 15 September 2021 and the Geospatial Data Guidelines issued on 15 February 2021.
To promote exports of textiles products, RSWM Ltd Chairman and MD Riju Jhunjhunwala suggested the government to come up with an export scheme like DEPB (duty entitlement passbook scheme) in different forms.