The Maharashtra IT-ITES Policy 2023 contains more sectoral and area-wise subsidies and exemptions, real estate and infrastructure support for IT Parks & data centers, besides 24/7 industry status under categorization as an essential service.
India has reopened the PLI Scheme Textiles for Promoting MMF and Technical Textiles application window after initial setbacks and no new plants set up in the last two years. Further, more clarity is provided following the release of updated HSN Codes in June 2023 for product segments targeted by the PLI Scheme.
The skill gaming industry is keenly awaiting regulatory reform to attract greater investments and protect India’s largely young gaming population.
Selling to the Indian Market requires foreign companies to adopt a multifaceted approach that factors both specific business objectives and local sensitivities. Our magazine covers some of the do’s and don’ts in this market and discusses the attractive prospects for investing in India’s retail industry.
India’s market for global capability centers (GCCs), also known as global in-house captives or GICs, is thriving, with a projected CAGR of 14 percent for the period from 2023 to 2030. We discuss India’s key appeal.
We discuss why investing in India’s IT sector continues to be an attractive and cost-effective proposition for foreign firms and global MNCs.
India will reportedly provide incentives totaling US$455.2 million to companies undertaking battery storage projects.
India has notified the rules and incentives for the PLI Scheme 2.0 for IT Hardware. Companies interested can apply from June 1, 2023.