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Speaking at Viksit Bharat 2047 Ambassador Campus Dialogue at Pallavaram, the Finance Minister said that in India 43.3 cr transactions are being done every month through digital payment without any charge.
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By B Sambamurthy India has been striving hard to accelerate the growth of the manufacturing sector. There has been no surfeit of initiatives by governments over the last two decades. But the results are suboptimal. The share of manufacturing, which was about 15% of the GDP during 2000, crawled over the next two decades to […]
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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 […]
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The agency believes the PLI scheme to be a positive step in reducing India's dependence on China, though the benefits of the scheme will be visible after five to seven years.
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The Ministry of Electronics and IT has cleared 16 proposals from domestic and international companies entailing investment of Rs 11,000 crore.
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The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
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In a statement, ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country.
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The proposal aims to achieve manufacturing of 50 gigawatts of battery storage.
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DPIIT Secretary Guruprasad Mohapatra said the government has undertaken several policy reforms, including PLI scheme, to boost manufacturing and exports
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On a consolidated basis, during the quarter, it had expenses of Rs 19.71 crore for the quarter on manpower optimisation in overseas subsidiaries.
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While it is desirable to be optimistic about growth, the Survey must have openly acknowledged the problem areas
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The companies include iPhone maker Apple's contract manufacturers Foxconn Hon Hai, Wistron, and Pegatron, apart from Samsung and Rising Star.
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Minister Smriti Irani says new textile policy on the anvil; govt to focus on extra-long staple cotton
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Accordingly, the scheme is expected to attract foreign players, boost production, increase exports and generate employment in the country
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Niti Aayog CEO said the government is finalising its plans to expand its production-linked incentive (PLI) scheme to more sectors for boosting domestic manufacturing
