Tag: production linked incentive
Make in India: Public procurement norms may be tweaked to aid makers under PLI
New Delhi: The government is examining tweaking its public procurement norms to aid manufacturers under the production-linked incentive (PLI) schemes. The government is assessing the…
Scripting India’s manufacturing revival: Rationalisation of GST, strengthening of IBC & NCLT on agenda to improve ease of business
Local manufacturing has got a boost from government initiatives like the production-linked incentive (PLI) schemes, government and industry officials said and suggested additional measures like…
India’s manufacturing revival: Opportunities and challenges ahead
India is witnessing a remarkable manufacturing revival, fueled by strategic government initiatives, shifts in global supply chains, and rapid technological advancements. Traditionally known for its…
India’s business activity grows at faster clip in Oct, PMI shows
Growth in India’s business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a…
PLI investments, production to overshoot estimates: Union Minister Piyush Goyal
Actual investments under the Production Linked Incentive (PLI) schemes were Rs 1.46 lakh crore till August and expected to increase to Rs 2 lakh crore…
As of now, no change in norms for Chinese investments in India: DPIIT Secy
Investments from China into India are governed by the existing foreign direct investment (FDI) policy and as of now, there is no change in that,…
Make-in-India doesn’t need help from the Chinese dragon to roar
India’s manufacturing prowess is driven by its own competitive advantages, and not by reliance on any China Plus One strategy, Commerce and Industry Minister Piyush…
Private sector will have to invest more to keep growth momentum of India: S&P
India’s private sector will have to shoulder more investment responsibility for the country’s growth because India’s fiscal settings are constrained and the government might not…
India can become $10 tn economy by 2032; beat US, China in manufacturing: Report
India is set to add $1 trillion to its GDP every 18 months over the next six years, marking a rapid economic transformation, according to…
IT hardware makers push for faster BIS certification to boost local production under PLI scheme
New Delhi: IT hardware manufacturers are urging the government to significantly reduce the five-to-six-month certification process for locally-made laptops and notebooks, which they say is…