Industries

India’s FAME-II Scheme for Electric Vehicles Gets 80% Bump in Budget Allocation

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India’s budget allocation for the FAME-II scheme to incentivize clean mobility for FY24 is INR 51.72 billion (approx. US$631 million).

Electric Vehicle Industry in India: Why Foreign Investors Should Pay Attention

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The electric vehicle industry in India benefits from 100% FDI allowed, new manufacturing incentives, and increased subsidies under FAME-II.

Complete List of Beneficiaries under India’s PLI Scheme for Telecom Sector

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We list the approved companies under India’s PLI scheme for the telecom sector, which include MSMEs and foreign firms, as well as the location of their investment.

Toy Manufacturing in India: Government Considering PLI Scheme Worth INR 35 Billion

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India is finalizing a production-linked incentives (PLI) scheme to boost local manufacturing capacity of traditional and mechanical toys.

Maharashtra Revises Single-Use Plastic Ban: Items Now Allowed for Production and Use

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Maharashtra rolled back the state’s ban on single-use plastic items made of compostable material and specified packaging material.

Operational Guidelines for India’s Drone PLI Scheme: Target Segments, Disbursal of Incentives

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India wants to advance the use and production of drones in the country and has released operational guidelines to implement the sector-specific PLI Scheme.

Investing in India’s Education Market: FDI Policy, Regulation, and Taxation

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India encourages foreign investment in the education sector and tax relief is provided as education is considered a fundamental right and service.

Profiling Major Segments in India’s Education Industry

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India has one of the largest education systems in the world, which is core to the government’s masterplan to promote long-term economic growth.

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