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