6. A new e-mobility initiative in force from today
New EV schemeThe new Rs 500 crore scheme to promote electric mobility in India will come into force today and continue till the end of July.
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New EV schemeThe new Rs 500 crore scheme to promote electric mobility in India will come into force today and continue till the end of July.
The Indian government's 'Make in India' initiative, offering incentives for local production, motivated boAt to push its manufacturing in India.
The India Cellular and Electronics Association (ICEA) stated that mobile phone manufacturing in India has seen a significant surge in value terms, increasing 21-fold to Rs 4
Over the past decade, mobile phone manufacturing in India has seen a remarkable 21-fold increase to reach Rs 4.1 lakh crore, driven by government policies like the Production Linked Incentive (PLI) scheme. This surge has enabled India to fulfill 97% of its mobile phone demand domestically, with 30% of production targeted for export in FY'24, amounting to an estimated Rs 1.2 lakh crore.
The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector.While 78 per cent of all the mobile phones sold in the country in 2014 were imported, about 97 per cent of ...