The proposal, which will replace the current Production-Linked Incentive scheme focused mainly on incremental domestic output, will reward exports and deeper local sourcing, Bloomberg has learnt.
During Modi’s visit to Israel, India and Israel agreed to enhance bilateral defence cooperation, including joint development and production of defence systems.
On Wednesday, Washington imposed 126% on Indian solar imports, saying New Delhi unfairly subsidised manufacturing. Analysts say this could shut exporters out of the US market.
Ministry of Defence is offering a three-week window for getting to the bottom of a document running into two volumes and 800-odd pages. It seems more of a formality.
From day one, Make in India was driven by optics than economics. There were global summits, slick visuals, and media blitzes. But the real machinery never showed up.
India is the fourth largest and fastest-growing aviation market after the US, Russia, and China, valued at a mind-boggling $16 billion in FY25. It is expected to grow threefold by 2033.
Gujarat will focus on manufacturing of satellites & payloads, Tamil Nadu on launch vehicles, and Karnataka will look at the overall manufacturing and assembling.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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