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Cabinet Clears Rs 7,280 Crore Scheme For Manufacturing Rare Earth Magnets
The 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' was approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.
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Cabinet Approves Rs 1.07 Lakh Crore Scheme To Enhance Job Creation
The government on Tuesday approved an Employment Linked Incentive scheme with an outlay of Rs 1.07 lakh crore to support job generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector.
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Cabinet Clears ₹3,706 Crore HCL-Foxconn Chip Plant In UP's Jewar
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
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Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
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"12 New Smart Cities, 10 Lakh New Jobs": Ashwini Vaishnaw On Cabinet Decisions
The cabinet has decided to build 12 industrial smart cities across the country, Union minister Ashwini Vaishnaw announced today .The government has earmarked Rs 28,602 crore for this big push on manufacturing, the minister said.
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Cabinet Okays 3 Semiconductor Units, Construction To Start In 100 Days
In a significant decision, the Union Cabinet on Thursday approved the establishment of three semiconductor units, under 'Development of Semiconductors and Display Manufacturing Ecosystems in India'.
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Cabinet Approves Bilateral Investment Treaty With UAE
The Union Cabinet on Thursday approved an investment treaty with the United Arab Emirates (UAE) that is likely to significantly boost bilateral economic engagement in a range of areas, including manufacturing and foreign direct investment (FDI).
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Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets
The Union Cabinet on Wednesday approved a Rs. 17,000 crore-incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years.
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Centre Clears Rs 19,744 Crore National Green Hydrogen Mission
Prime Minister Narendra Modi-led Cabinet on Wednesday approved a Rs 19,744 crore incentive plan to promote the manufacturing of green hydrogen in the country in a bid to cut emissions.
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Semiconductor Manufacturing in India: Government to Provide 50 Percent Incentive for Chip Fabs
The union cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a proposal to provide 50 percent financial incentives for the manufacturing of semiconductor fabs across technology nodes as well as for compound semiconductors, packaging, and other chip facilities.
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PM Wants "Immediate Action" To Help Private Sector Create Jobs: Top Official
PM Modi has suggested to secretaries of the central government to hand-hold the private sector to give impetus to manufacturing and job creation and stressed that employment should be focus of all interventions in the public and private sectors.
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Intel Welcomed to India by IT Minister Ashwini Vaishnaw as Firm Welcomes Centre’s Decision on Semiconductors
Union Minister for Electronics and Information Technology Ashwini Vaishnaw welcomed Intel to India after Intel Foundry Services president Dr. Randhir Thakur congratulated the minster over the central government's decision on design and manufacturing of semiconductor chips in India.
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PLI Scheme For Auto Sector: Automakers Welcome The Move, But Experts Say It's Not Enough
The cabinet has finally approved a Production Linked Incentive (PLI) scheme of nearly Rs. 26,000 crore for the auto sector. The scheme is mainly to boost manufacturing of electric and fuel cell vehicles. While OEMs are welcoming the move, industry experts believe this might not be enough.
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Cabinet Approves Rs. 26,000 Crore Incentive Scheme To Boost Clean Fuel Vehicles
India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.
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Cabinet Approves Rs 26,000 Crore Incentive Scheme For Auto, Drone Industries
The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday.
-
Cabinet Clears Rs 7,280 Crore Scheme For Manufacturing Rare Earth Magnets
The 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' was approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.
-
Cabinet Approves Rs 1.07 Lakh Crore Scheme To Enhance Job Creation
The government on Tuesday approved an Employment Linked Incentive scheme with an outlay of Rs 1.07 lakh crore to support job generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector.
-
Cabinet Clears ₹3,706 Crore HCL-Foxconn Chip Plant In UP's Jewar
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
-
Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
-
"12 New Smart Cities, 10 Lakh New Jobs": Ashwini Vaishnaw On Cabinet Decisions
The cabinet has decided to build 12 industrial smart cities across the country, Union minister Ashwini Vaishnaw announced today .The government has earmarked Rs 28,602 crore for this big push on manufacturing, the minister said.
-
Cabinet Okays 3 Semiconductor Units, Construction To Start In 100 Days
In a significant decision, the Union Cabinet on Thursday approved the establishment of three semiconductor units, under 'Development of Semiconductors and Display Manufacturing Ecosystems in India'.
-
Cabinet Approves Bilateral Investment Treaty With UAE
The Union Cabinet on Thursday approved an investment treaty with the United Arab Emirates (UAE) that is likely to significantly boost bilateral economic engagement in a range of areas, including manufacturing and foreign direct investment (FDI).
-
Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets
The Union Cabinet on Wednesday approved a Rs. 17,000 crore-incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years.
-
Centre Clears Rs 19,744 Crore National Green Hydrogen Mission
Prime Minister Narendra Modi-led Cabinet on Wednesday approved a Rs 19,744 crore incentive plan to promote the manufacturing of green hydrogen in the country in a bid to cut emissions.
-
Semiconductor Manufacturing in India: Government to Provide 50 Percent Incentive for Chip Fabs
The union cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a proposal to provide 50 percent financial incentives for the manufacturing of semiconductor fabs across technology nodes as well as for compound semiconductors, packaging, and other chip facilities.
-
PM Wants "Immediate Action" To Help Private Sector Create Jobs: Top Official
PM Modi has suggested to secretaries of the central government to hand-hold the private sector to give impetus to manufacturing and job creation and stressed that employment should be focus of all interventions in the public and private sectors.
-
Intel Welcomed to India by IT Minister Ashwini Vaishnaw as Firm Welcomes Centre’s Decision on Semiconductors
Union Minister for Electronics and Information Technology Ashwini Vaishnaw welcomed Intel to India after Intel Foundry Services president Dr. Randhir Thakur congratulated the minster over the central government's decision on design and manufacturing of semiconductor chips in India.
-
PLI Scheme For Auto Sector: Automakers Welcome The Move, But Experts Say It's Not Enough
The cabinet has finally approved a Production Linked Incentive (PLI) scheme of nearly Rs. 26,000 crore for the auto sector. The scheme is mainly to boost manufacturing of electric and fuel cell vehicles. While OEMs are welcoming the move, industry experts believe this might not be enough.
-
Cabinet Approves Rs. 26,000 Crore Incentive Scheme To Boost Clean Fuel Vehicles
India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.
-
Cabinet Approves Rs 26,000 Crore Incentive Scheme For Auto, Drone Industries
The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday.
