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India Business News: The Empowered committee in PLI scheme has approved a disbursement of Rs 1,000 crore to beneficiary firms in the electronics sector. The government has
The Empowered committee in the production-linked incentive (PLI) scheme has approved a disbursement of Rs 1,000 crore to beneficiary firms in the electronics sector. The government has already disbursed Rs 2,900 crore out of claims worth Rs 3,400 crore received under the scheme. The PLI scheme aims to boost domestic manufacturing, create jobs, and support exports. Sectors such as electronics, pharma, and medical devices are performing well under the scheme, while sectors like solar PV modules, ACC batteries, textiles, and specialty steel are not picking up well.
/PRNewswire/ -- A recent report indicates that the global N-propanol market is set to achieve a Compound Annual Growth Rate (CAGR) of 4.20% between 2023 and...
The Indian government is putting in place a mechanism to speed up visas for Chinese nationals required mainly for installation, expansion and repair work in the electronics manufacturing sector, especially for companies approved under the production-linked scheme (PLI).
Last week, the Government of India's Ministry of Mines released a report of a comprehensive study which identified 30 critical minerals.