In a major boost to India’s industrial transformation, Union Minister for Steel and Heavy Industries H.D. Kumaraswamy launched the third round — PLI 1.2 — of the Production Linked Incentive (PLI) Scheme for Specialty Steel on November 4, 2025....
The Government of India has approved the first batch of seven projects under the Electronics Manufacturing Components Scheme (ECMS), representing a total investment of ₹5,532 crore. The move aims to transform India’s electronics ecosystem from product assembly to full-fledged...
The Ministry of Textiles has introduced key revisions to the Production Linked Incentive (PLI) Scheme for Man-Made Fibre (MMF) apparel, fabrics, and technical textiles to encourage greater participation and accelerate investments. The changes simplify eligibility requirements, expand product categories,...
The Government of India’s Electronics Component Manufacturing Scheme (ECMS) has received an unprecedented response from both domestic and international stakeholders, with 249 applications committing to investments worth ₹1.15 trillion. This figure is nearly double the targeted investment of ₹59,350...
India’s Electronics System Design and Manufacturing (ESDM) sector is on a robust growth trajectory, expected to double by 2030 and reach a market size of ₹7–8 lakh crore, according to a recent report by CareEdge Ratings. The report attributes...
India is fast becoming a significant player in the global semiconductor supply chain, alongside Southeast Asian nations like Malaysia and Vietnam. A combination of geopolitical shifts, domestic policy support, and global demand for chip alternatives beyond China has positioned...
India’s pharmaceutical sector is seeing significant progress under the Production Linked Incentive (PLI) Scheme for Key Starting Materials (KSMs), Drug Intermediates (DIs), and Active Pharmaceutical Ingredients (APIs). A total of 48 projects have been approved to strengthen local manufacturing...
Union Commerce and Industry Minister Shri Piyush Goyal has called for a renewed national focus on self-reliance, high-quality skilling, and strategic export competitiveness in a high-level review of India’s Production Linked Incentive (PLI) Scheme. The meeting, attended by all...
The Indian government has disbursed ₹14,020 crore under its Production-Linked Incentive (PLI) schemes across 10 key sectors, a major push in its plan to boost domestic manufacturing and exports, according to a recent statement from the Ministry of Commerce...
Prime Minister Narendra Modi on Tuesday emphasized the need for innovative credit delivery models to provide timely and low-cost financing to over six crore MSMEs across India. Speaking at a post-Budget webinar on MSMEs, he announced that five lakh...
