India's production-linked incentive scheme for electronics manufacturing services, starting 1 May, aims to boost manufacturing amid US-China trade tensions. With a targeted investment of ₹59,300 crore, it incentivizes local production of components, benefiting companies like Dixon and Amber.
3 min read28 Apr 2025The Electronics Component Manufacturing Scheme (ECMS) will start accepting applications from industry stakeholders within the next three weeks
3 min read8 Apr 2025TKAP's two trans-axles for electric vehicles received approval in 2024 -- the first component in February, the second one in April.
2 min read26 Mar 2025The government’s production-linked incentive (PLI) scheme hasn’t done enough to boost manufacturing. India should focus on effective ways to ease business, apart from trade agreements that can yield economic gains.
4 min read26 Mar 2025Kia India, which did not submit proof of its investments within the deadline, approaches the government even as scrutiny of overseas automakers continues
6 min read12 Mar 2025Stiff targets for revenue, investments and local value addition have made it hard for many companies to qualify for incentives. Policy changes and supply chain challenges have further contributed to the scheme's slow progress
4 min read28 Feb 2025Reliance New Energy Battery awarded a 10 GWh advanced chemical cells manufacturing capacity
2 min read18 Feb 2025The National Manufacturing Mission proposed in the Union Budget 2025-26 and the focus on clean tech manufacturing are expected to bring the sector the required support, says Girish Tanti, vice chairman of Suzlon Energy Ltd.
4 min read6 Feb 2025India does not have a good excuse for how badly it lags on trade. It has many trade advantages that benefited it historically - its location, its long coastline, its fertile deltas, all of which led to the rise of trading empires like the Cholas and the Mughals.
6 min read3 Feb 2025The companies selected include Hindalco Industries, LG Electronics, Voltas and Blue Star Climatech, which committed a combined additional investment of ₹1,173 crore.
2 min read20 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared