Sunday, June 20, 2021

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Aatmanirbhar Bharat: 16 companies including Samsung, iPhone makers approved under PLI scheme, production of ₹10.5 lakh crore expected in 5 years

PLI scheme will lead to production of mobile phones worth Rs 10.5 lakh crores over next 5 years, 60% of which will be exported

Commerce ministry caps MEIS benefit to exporters during last 4 months of the scheme, govt says move aimed at protecting genuine exporters

According to an analysis done by the Department of Commerce, 98% of the exporters who claim MEIS will be unaffected by the changes

Incentive scheme for mobile phone & component manufacturing a huge success, production of ₹11.50 lakh crore and export of ₹7 lakh crore expected in...

22 mobile phone and component manufacturing companies have filed applications under the PLI Scheme, to bring ₹11,000 crore investment

As US-China trade war intensifies, India plans incentives for 324 companies including Tesla to invest in India

The proposal is expected to reduce red tape and set the country on its way to achieving a $5 trillion economy.

Assam govt announces a long list of incentives if one transacts digitally

Announcements include a lot of awards and discounts to encourage adoption of digital payments.

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