Tag: PLI scheme
ECONOMY India Hits 300 GW Non-Fossil Power Capacity, Over 60% Of 2030 Target

India has crossed a landmark 300 GW of installed non-fossil fuel-based electricity generation capacity, marking a major step towards its clean energy and climate goals. According to the Ministry of New and Renewable Energy, India’s total non-fossil fuel capacity stood at 300.50 GW as of July 31, 2026, taking the country beyond 60% of its […]

CW Bureau · Aug 9, 2026
AUTO India’s Auto Industry Set For Rapid Growth, Targets Global Leadership

India’s automobile industry is entering a new phase of accelerated growth, driven by strong domestic demand, supportive government policies, rising exports and rapid technological transformation, according to a new report by Rubix Data Sciences. The report, titled “Passenger Vehicles and Commercial Vehicles Industry Insights,” says India has emerged as the world’s third-largest automobile market in […]

CW Bureau · Aug 6, 2026
RETAIL/FMCG LG Electronics India ₹5,000-Cr Sri City Expansion Plan Is On Track

LG Electronics India Ltd said the expansion of its upcoming ₹5,000-crore manufacturing facility at Sri City in Andhra Pradesh is progressing as planned and will play a key role in supporting its long-term growth strategy. The Sri City plant will serve as a manufacturing and export hub within LG’s global production network. The planned investments […]

CW Bureau · Jul 30, 2026
MANUFACTURING Cabinet Approves ₹62,500-Cr 5-Year Mobile Phone Manufacturing Scheme

The Indian Cabinet has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aiming to deepen domestic value addition, strengthen supply chains and position India as a global hub for mobile phone manufacturing and innovation. The five-year scheme, which will run from FY2026-27 to FY2030-31, succeeds the Production Linked Incentive […]

CW Bureau · Jul 15, 2026
MANUFACTURING Hosur, Sriperumbudur Emerge As The Engines Of India’s Electronics Boom

At a sprawling electronics manufacturing campus in Hosur, Tamil Nadu, thousands of young women assemble smartphones and electronic components that eventually find their way into markets across the world. Dressed in clean-room uniforms and working on sophisticated production lines, they represent a quiet but significant shift taking place in India’s manufacturing landscape. Few states illustrate […]

CW Bureau · Jul 15, 2026
ECONOMY India’s ECMS Pipeline Expanded, 29 New Proposals For ₹7,104 Cr Okayed

The Union Ministry of Electronics and Information Technology (MeitY) has approved 29 additional proposals under the Electronics Components Manufacturing Scheme (ECMS).  This is in continuation of the earlier approval of 46 applications worth ₹54,567 crore. These fresh approvals entail a projected investment of ₹7,104 crore and are expected to drive production worth ₹84,515 crore. The […]

CW Bureau · Mar 31, 2026
GENERAL Govt Disburses ₹2,377 Cr As Auto Sector Incentives Under PLI Scheme

The Union government has disbursed incentives worth ₹2,377.56 crore under the Production Linked Incentive (PLI) scheme for the automobile and auto components sector. Similarly, under the electronics sector, covering Large-Scale Electronics Manufacturing and IT Hardware 2.0, around ₹15,554 crore has been disbursed as incentives. PLI Schemes Drive Investment, Production and Jobs The Centre has implemented […]

CW Bureau · Mar 28, 2026