52 companies file applications for PLI scheme for ACs, LED Lights

Sep 17, 2021

New Delhi [India], September 17 : A total of 52 companies have filed applications committing investment worth Rs5,866 crore, under the production linked incentive...

Govt okays sops for Foxconn India, Padget Electronics under production-linked incentive scheme

Dec 21, 2022

According to a statement from Niti Aayog, the Empowered Committee headed by NITI Aayog Chief Executive Officer approved incentives for two companies--one a domestic...

UAE hosts over 2,000 food, beverage manufacturing companies

Dec 28, 2023

The UAE hosts over 2,000 food and beverage manufacturing companies, generating US$7.63 billion (AED28 billion) in annual revenue, constituting 25 per cent of the...

DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report

Sep 04, 2024

The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals worth Rs 1.4 trn will not only boost domestic defence...

"Reforms in custom duties will support domestic manufacturing": Finance Minister

Jul 23, 2024

In her budget speech in Parliament today, Finance Minister Nirmala Sitharaman said that the budget proposals for customs duties intend to support domestic manufacturing,...

Maharashtra FDA issues show cause notices to 17 firms making cough expectorants, terminates licences of 6 companies

Mar 03, 2023

Maharashtra's Food and Drug Administration on Friday said it issued show cause notices to 17 companies manufacturing cough expectorants, instructed four companies to stop...