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MC Exclusive: IPO-bound Ola Electric receives second product certification under PLI scheme

Under the scheme, Ola Electric is eligible for incentives for up to five consecutive financial years, commencing in fiscal 2023-24. ....

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India-China relations | Why won't China praise Prime Minister?: Congress links article hailing Narendra Modi to Galwan clash

The praise for Modi in the Global Times of China, coupled with the surprising visit of Chinese officials to the RSS headquarters in Nagpur, has come amidst strains in ties following intrusions at several points in Ladakh ....

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Manmade fibre textiles exports to rise 75% by 2030: Textile industry

India s exports of man-made fibre (MMF) textiles is anticipated to climb 75% to US$ 11.4 billion in 2030, from roughly US$ 6.5 billion in 2021-22, due to the Production Linked Incentive (PLI) scheme and free trade agreements with the UAE and Australia. ....

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Tata-Wistron deal will build on contract mfg base built by Dixon, VVDN, Optiemus

While India touts itself as the world’s second biggest smartphone manufacturer, it has a long way to go. It is still early days for India’s contract manufacturing journey, with the country having a small stake in the electronics components supply chains. ....

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Plastic | Domestic plastic industry seek production-linked incentive scheme to substitute Rs 37,500 crore worth of import

The All India Plastic Manufacturers Association (AIPMA), in a study commissioned one and half years ago, has identified 553 plastic products which are being imported in large quantities and value in India between tariff lines with HSN code 3916 to 3926 ....

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