The Maharashtra government facilitates adoption of electric vehicles through price drop incentives and subsidies for both consumers and manufacturers.
We look at the latest developments boosting the investment viability of India’s IT sector, including push for local hardware manufacturing and 5G trials.
India’s cleantech start-up ecosystem is supported by hyperlocal players, a mix of public-private funding, and production incentives for specific industries.
Over 20 semiconductor manufacturing and designing companies have applied for PLI incentives.
Foreign investors keen on India’s food processing industry should note the new last date to apply for the production-linked incentive scheme is June 24, 2021.
In this issue, we look at India’s prominent manufacturing regions, sector-based production incentives, and key infrastructure plans.
Eligible investors involved in the manufacture of air conditioners, LED lights, and related components as well as solar modules will be granted incentives.
India’s clean energy and electric vehicle industries are to get a boost from the latest PLI scheme beneftting local ACC battery storage manufacturing.