India’s Electronics Manufacturing Services (EMS) industry is on the brink of a significant revenue surge, with projections indicating a more than doubling of revenues to reach US$ 55 billion by FY 27. This anticipated growth is fueled by increased local component sourcing and the expansion plans of global tech giants...
The Indian pharmaceutical industry, a global leader in high-quality, low-cost drug production, commands over 20% of global generics supply and addresses 60% of worldwide vaccine demand. Crucial to India’s economic growth and employment, the industry benefits from government initiatives like the Production Linked Incentive (PLI) scheme, which supports production, boosts...
The Government of India introduced PLI to boost investments, output and exports. With an actual investment of Rs 53,500 crore so far, there has been an increase in output of over Rs 5 lakh crore and employment generation of over 3 lakh. But the scheme’s impact has been relatively imbalanced...
On 21st September 2022, the Cabinet, chaired by Prime Minister Narendra Modi, approved an INR 19,500 crore PLI scheme  on ‘National programme on High Efficiency Solar PV Modules’ to build an ecosystem for their domestic manufacturing. Will this move really help India become a front-runner in the global solar PV...
Deepak MV, CEO & Co-founder, Etrio feels that 2021 will be an interesting year for electric vehicles (EVs) in India and the introduction of voluntary scrappage policy in the budget is a welcome move for the industry. Further, the allocation of Rs 1.97 lakh crore towards PLI along with customs...
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