Tue, Dec 19, 2023
PLI schemes are a crucial part of Prime Minister Narendra Modi’s vision of making India a $5-trillion economy by strengthening the nation’s manufacturing sector by incentivising domestic and foreign investments.
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Sat, Sep 09, 2023
This is a major turnaround from India’s stand since 2015 when New Delhi decided to shun ‘pre-establishment’ obligations to investments in the non-services sector as it risked limiting the country’s policy space, and it revised the Model Bilateral Investment Treaty (BIT) to allow treaty protection to investments only after the ventures were established.
Wed, Feb 01, 2023
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from December's recent high of 57.8 to 55.4 in January, as factory orders and production rose at sharp, albeit slower, rate.
Mon, Jan 02, 2023
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) stood at 57.8 in December, up from 55.7 in November, as business conditions improved to the greatest extent in over two years.
Wed, Oct 12, 2022
As per the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), the manufacturing sector's output contracted 0.7 per cent in August 2022.
Wed, Aug 31, 2022
According to rating agency ICRA the Gross Domestic Product (GDP) is expected to grow at 13 per cent, while State Bank of India in its report pegged the growth rate at 15.7 per cent.
Thu, Jul 28, 2022
The ministry said that despite the ongoing pandemic and global developments, India received the "highest" annual FDI inflows of USD 84.83 billion in 2021-22.
Wed, Jun 29, 2022
Prime Minister Narendra Modi will participate in the `Udyami Bharat` programme and will launch several schemes on June 30.
Wed, Mar 30, 2022
India's manufacturing sector needs quality enhancement to become more competitive globally, MSME Minister Bhanu Pratap Singh said on Wednesday.
Wed, Feb 24, 2021
To woo global players to tap India's manufacturing capabilities, Modi government on Wednesday approved a production-linked incentive (PLI) scheme for laptops, tablets, all-in-one PCs and servers.
Sun, Dec 13, 2020
The Centre is trying to create the first genuine single window in terms of compliances and ease of approval process, Minister for Commerce and Industry and Railways Piyush Goyal said on Saturday.
Recently, the Centre had announced the PLI scheme with a budgetary support of $26 billion.
Thu, Nov 12, 2020
"Production Linked Incentive worth Rs 1.46 lakh crore offered to 10 champion sectors, to help boost competitiveness of domestic manufacturing," Finance Minister Nirmala Sitharaman said.
Sun, Oct 18, 2020
Within six to seven months, India has become a major manufacturer of personal protective equipment (PPE) kits and even started catering to the global demand, a report said and suggested that India holds the potential to become a global hub for PPE kits.
Sun, Sep 06, 2020
The government proposes to introduce an umbrella production-linked incentive (PLI) scheme with an allocation of about Rs 40,000 crore to replace the existing Merchandise Exports India Scheme (MEIS) scheme introduced in April 2015 to promote manufacturing and exports of specified goods from India.
Sun, May 03, 2020
It seems Modi government is leaving no stone unturned to make India a manufacturing hub!
Wed, Jul 03, 2019
There have been more than Rs 2500 crores worth of import of TVs in the past under FTA under zero percent duty. This doesn’t favour the companies who support Make in India campaign of the government.
Thu, Dec 27, 2018
Manufacturing sector, particularly textile and iron and steel segments, maintained its pace of sales growth in the second quarter of 2018-19 as compared to the year-ago period.
Mon, Sep 24, 2018
The report observed that IT sector paid median wage at Rs 317.6 per hour, the highest among all monitored sectors, but 17.8 per cent less than the last year. This is one of the reasons why more than half (51 per cent) were not satisfied with their jobs, it said.
Mon, Mar 12, 2018
The performance of IIP comes as a surprise as analysts had predicted much lower growth rate for January 2018.
Thu, Jan 04, 2018
Following a decline in November when the services PMI reached 48.5 the seasonally adjusted ‘Business Activity Index’ signalled a renewed increase in activity.
Tue, Jan 02, 2018
Key highlights:
Tue, Oct 03, 2017
IHS Markit downgraded its real GDP growth forecast to 6.8% for fiscal year 2017/18 as the lingering effects of recent economic shocks continue to cast a shadow on economic growth.
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