MeitY Drafting a Scheme Focusing on Inviting Display Fabs in India

The ministry has invited response to Expressions of Interest (EoI) from display fabs to set shop in India. China leads the display manufacturing vertical with more than 70 per cent share in LCD manufacturing The Ministry of Electronics an IT...

Delhi Government Will Only Buy Electric Buses: Gahlot

The government of Delhi is looking to buy 1,300 low floor electric buses. A tender for procuring another 575 electric buses has also been floated by the Delhi government under the cluster model. Delhi's transport minister Kailash Gahlot, during ETAuto...

India’s First Engineering R&D Policy Announced in Karnataka

Focus on sectors including aerospace & defence, auto, auto components and electric vehicles, biotechnology, pharma and medical devices, semiconductors, telecom, ESDM and software products The engineering R&D (E R&D) sector is one of the fastest growing industries in India said...

With PLI Scheme, Around 16 Lakh Crore Worth of Electronic Equipment Can Be Produced...

As per a report, local manufacturing may add $520 billion to India’s GDP in the next five years ‘Modi Government’s announcement on PLI Scheme has the potential to be a big milestone for Indian industries and business. Government policies will...

PLI Schemes Will Lead to Production Worth $520 Billion: Narendra Modi

"Even during Pandemic, the sector manufactured goods worth Rs 35000 crore last year, saw a fresh investment of about Rs 1300 crore and created thousands of new jobs in this sector" The Prime Minister of India, Narendra Modi addressed a...

Gadkari Invites MSMEs to Avail Concessional Debt Finance For Rooftop Solar Installations

The World Bank is working with the Ministry of Micro, Small & Medium Enterprises, to bring in a credit guarantee mechanism catering to lending to MSMEs who would like to reduce their energy expenses in the long term by...

5G Test Bed: Testing and Integration of Software With Hardware by October

Globally Telecom and Networking Products exports represent an US$100 billion market opportunity, which can be exploited by India India's aims of taking leads in the sector of 5G deployment may come soon true as the 5G Test Bed being indigenously...

Telecom PLI Proposes Higher Incentives For MSMEs

This scheme, as per the estimates of the government of India, will lead to incremental production of around Rs 2.4 Lakh Crores with exports of around Rs2 Lakh Crores over five years Pursuant to the extraordinary incentive of PLI being...

PLI Scheme for Telecom and Networking Products Approved by Union Cabinet

Globally Telecom and Networking Products exports represent an US$100 billion market opportunity, which can be exploited by India The Union Cabinet, chaired by the Prime Minister, Narendra Modi, has approved Production Linked Incentive (PLI) Scheme for Telecom and Networking Products...

Defence Manufacturing: Embargo on Import of 101 Defence Platforms

The Prime Minister of India in a tweet has said that India offers unlimited potential in defence and aerospace The Government has taken a decision to put an interim embargo on import of 101 defence weapons/platforms with an intention to...

Budget 2021: Special Focus on Manufacturing, Infrastructure and Research

The duty on solar invertors will be raised from five to 20 per cent. Similary some of the components used in mobile manufacturing will now attract 2.5 per cent duty. These steps, as per the government, will help in...

EESL Has Distributed Over 36.69 Crore LED Bulbs Across India

Going forward, EESL has an ambitious plan in the Street Lighting National Programme portfolio for next four to five years where it intends to bring investment to the tune of Rs 8,000 crores by 2024 by covering entire rural...

Battery, Telecom, Automobile, ACs & Telecom Sectors Among New PLI Scheme

A total amount of Rs 1,45,980 crore has been approved for a financial outlay spread over five years. The new PLI scheme mentions of a semiconductor as well as a display fab The union cabinet chaired by the Prime Minister,...

11 Lakh MSMEs Registered Since First July 2020: MSME Ministry

The Ministry of MSME had revised the definition of MSMEs and process of registration w.e.f. first July 2020 New online system of MSME/Udyam Registration launched by Union MSME Ministry, w.e.f. first July, 2020, has registered more than 11 lakh MSMEs....

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Hero MotoCorp And Taiwan’s Gogoro Form JV To Accelerate E-Mobility In India

The venture will develop and launch Hero-branded electric two-wheelers across various Indian cities that will be powered by Gogoro’s battery network Aiming to accelerate the...

Foldable Smartphone Market Expected to Grow, Reach 18 Million Units by 2022: Report

Samsung has been a pioneer in the field and had rightly held over 80 per cent of the total market share for foldable smartphones...

Covid 19 Has Had Positive Impact on The Robotics Industry: Beroe

Robotics trends are driven by factors like lower labor costs as the need for human resources is reduced. Around $5,000 to $10,000 is the...

LG Chem Launches Second CNT Plant, Looks To Become A Global CNT Leader

Plans of construction of a third plant are also underway this year Eyeing the rapidly rising demand for electric vehicles globally, LG Chem announced the...

Residential Sector EV Chargers Will Sell More Than The Commercial Ones: Technavio

43 per cent of the market's growth will originate from APAC during the forecast period. China is a key market for electric vehicle chargers...