India’s PLI Scheme for Textiles: 64 Beneficiaries Approved
We list the beneficiaries under India’s PLI Scheme for Textiles – useful knowledge for foreign investors looking to partner with Indian textiles manufacturers.
Getting to Know India’s First International Financial Services Center at GIFT City
India’s first International Financial Services Center (IFSC) at GIFT City offers several fiscal, tax, and operational incentives to the financial services sector.
Tamil Nadu’s New Logistics Policy Aligns with India’s Infrastructure Masterplan
Tamil Nadu recently launched its highly focused Logistics Policy and Integrated Logistics Plan (TNILP) 2023, with clear incentives for participating stakeholders.
Surge in Smartphone Exports from India Show Incentive Schemes Work
Through initiatives like the production-linked incentive schemes, India is successfully boosting domestic electronics manufacturing and exports amid ambitions to move up the global value chain.
India and Australia to Mutually Recognize Education Degrees, Opening Up Commercial Prospects
India and Australia will mutually recognize each other’s education degrees, opening up commercial prospects for education service providers.
India Tightens Release of FAME-2 Subsidies for EV Makers, May Not Extend Scheme
Indian electric vehicle makers are being subject to tightened scrutiny over FAME-2 subsidies due to insufficient levels of domestic value addition.
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.