Pli Scheme News Today

JSWs agreement comes in the backdrop of Indian and global firms increasingly looking to adopt Chinese expertise in cost-efficient battery tech for electric vehicles.Ironically, efforts to reduce dependency on Chinese imports requires first obtaining advanced cell technology from China

Improved demand in key export markets boosts outlook, pharma companies eye single-digit revenue growth in FY25, despite post-pandemic challenges

After India lost its dominance in making penicillin, a drought of three decades is coming to an end. The drug – which forms the base for a raft of extremely potent antibiotics – is part of the governments aggressive push for self-sufficiency in critical areas. Will the plan to claw back to the glorious past work?

Indias path to becoming a developed country hinges on boosting exports, as demonstrated by Chinas growth. Leveraging bilateral agreements and FTAs, India is expanding into new markets like Africa and Latin America. Yet, quality issues and trade restrictions pose challenges, such as recent bans on Indian spices in Hong Kong and Singapore. Additionally, green trade barriers like the EUs CBAM could impact key sectors like steel, potentially affecting Indian exports to the EU. Strengthening regulati...

India Business News: Telecom equipment manufacturing in India has seen significant growth, with exports exceeding Rs 10,500 crore in the financial year 2024. The productio

Telecom PLI: Telecom equipment production for FY24 crossed the Rs 45,000 crore milestone with exports of around Rs 10,500 crore, backed by the Centre’s production linked incentive (PLI) scheme. The scheme has also led to creation of over 19,500 direct jobs, according to government data shared exclusively with ET.

Orchid Pharma, backed by Dhanuka Group, focuses on cephalosporin antibiotics. Expansion plans include a new facility, Enmetazobactam launch, and mergers for sustainable growth and reduced import reliance.

ICRA projects Indian electric two-wheeler component market potential projected to exceed Rs 1 lakh crore by 2030

Speaking with ANI, CII President R Dinesh suggested that the government come up with employment-linked incentive schemes,

The rise in EV battery manufacturing, alongside the Make in India initiative, will lower manufacturing costs and boost EV sales in the country, according