Other Briefings
PM Narendra Modi Virtually Inaugurates the 3 New Semiconductor Units on March 13
Three new plants from the Tata Group and CG Power-Renesas join Micron in advancing the manufacturing capacity in India’s semiconductor sector.
Inside India’s Manufacturing Revolution: Strategies and Insights for Business Success – New Publication Out Now
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign investment and technology.
India Opens Space Sector to Global Investors with 100% FDI Allowed
India will permit FDI up to 100 percent under the automatic route in the space sector for the manufacturing of components, systems, or sub-systems associated with satellites, ground segments, and user segments.
Farm Mechanization in India’s Agriculture Sector: Challenges and Opportunities
We discuss why India needs to increase its farm mechanization adoption rate to sustainably manage changing workforce preferences and output. Businesses that can provide cost-effective technology solutions stand to benefit from the vast agrimarket.
EV Sector in India: Production Capacity, Government Targets, and Market Performance
In this market brief, we discuss consumer purchasing trends in the automotive market and India’s steadily expanding EV production capacity. We spotlight top industry players and their manufacturing bases, as well as govt. incentives and targets to 2030.
How Tamil Nadu’s Footwear Industry is Competing with Southeast Asian Markets
The footwear industry in the South Indian state of Tamil Nadu is getting ready to compete with SEA markets and neighbors like Bangladesh. Since announcing its Footwear and Leather Products Policy 2022, the state has attracted several manufacturing investment proposals, including from vendors to major market players like Adidas, Nike, and Crocs.
Business Opportunities in India’s Green Tech Market
India’s population growth and expanding economy drive the demand for green tech solutions, addressing resource consumption, carbon emissions, environmental pollution, and waste treatment. Foreign sustainability enterprises can tap into a burgeoning market supported by government incentives.
PLI Scheme for India’s Automotive Sector Amended and Extended by One Year
India’s PLI Scheme for the automotive sector has been extended by a year as applicants require more time to meet the eligibility provisions. The first round of incentives will be disbursed in FY 2024-25 per the government in a recent announcement, and after much delay. Only Tata Motors, Ola Electric, and Mahindra & Mahindra have met key domestic value addition criteria.
