In Short:Indian apparel exporters are expected to grow revenues by 9-11% in FY25, recovering from challenges in FY24 due to high inventory and competition....
In Short:India's production-linked incentive (PLI) scheme, launched in 2020, has attracted over $17 billion in investments to boost domestic manufacturing and reduce reliance on...
In Short:India has become the world's second-largest mobile phone manufacturer, producing phones worth Rs 4.1 lakh crore annually, according to S Krishnan from the...
In Short:The Indian government plans to reduce the weightage of local value addition for IT hardware components in procurement, which has raised concerns in...
In Short:The government is considering increasing incentives for mobile phone companies that have surpassed their production, sales, and export goals under the production-linked incentive...
In Short:The Indian government has started giving money to Micron Technology, a US-based company, as part of a scheme to support the semiconductor sector....
In Short:The Ministry of Communications announced that the sales of telecom equipment under the PLI scheme have surpassed Rs 50,000 crore, creating over 17,800...
In Short:The electronics manufacturing industry is asking the government for a Rs 30,000-Rs 35,000 crore production-linked incentive (PLI) scheme to support surging exports of...