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Government extends benefits of PLI scheme to leather, container and bicycle makers, but how has it fared so far?

A major chunk of the Rs 2 lakh crore earmarked for production linked incentives has gone to the semiconductor and display manufacturing industry at Rs 76,000 crore. ....

India's monthly cell phones exports touch $1 billion

According to reports by The Economic Times, for the first time India's cellphone exports have reached the first time ever in the month of September this year. ....

Republic Of , Anand Mahindra , Even Mahindra Group , Economic Times , Mahindra Group Chairman Anand , Mobile Exports ,

New PLI scheme approved by cabinet to provide 50% of project cost for setting up microchip factories

Given the niche technology and nature of compound semiconductors and advanced packaging, the modified programme shall provide fiscal support of 50 per cent of capital expenditure ....

Anurag Thakur , Semiconductor Fabs , Union Minister Anurag Thakur ,

What is stopping India Inc. from investing, asks Nirmala Sitharaman

The Union government has been urging the private sector to boost investment, and has also stepped-up its own capital expenditure as an example, to help economic recovery. ....

Nirmala Sitharaman , India Inc ,