Other Briefings
Dell, HP, Foxconn, Lenovo Among 27 Beneficiaries Under India’s PLI 2.0 Scheme for IT Hardware
India has announced that 27 companies, including Dell, HP, Foxconn, and Lenovo, have been approved for PLI 2.0 Scheme incentives. Of these, 23 companies are ready to start local production.
Micro, Small, and Medium Enterprises in India: An Explainer
As the backbone of India’s economy, the MSME sector is poised for rapid growth. We discuss incentives and opportunities for the sector.
The Foreign Investment Outlook of India’s Pharmaceuticals Industry
India’s pharmaceutical industry is a global leader in affordable generics and vaccines with favorable investment policies in place. The government is incentivizing building up local KSM/DI/API production and sourcing capabilities to decrease import dependencies.
Manufacturing Consumer Durables in India: Changes to the White Goods PLI Scheme
India has made changes to the White Goods PLI Scheme. Now selected companies must provide a certification from a registered cost accountant pertaining to related party sales and the calculation of the arm’s length price.
Airbnb’s Contribution to India’s GDP Highlights New Trends in Travel and Hospitality Industry
We discuss how Airbnb’s influence on India’s GDP highlights fresh prospects in the travel and hospitality industry, driven by the shift towards local, unconventional experiences, technology-driven convenience, and a focus on sustainability and community engagement.
India’s Insurance Sector: Leveraging the Digital ‘Bima Sugam’ Portal
The Bima Sugam will function as a ‘one-stop-shop’ electronic marketplace in India’s insurance sector, and promotes better customer accessibility. With relaxed FDI norms in the sector, foreign firms stand to gain.
India’s Auto Component Manufacturing Success and its Vision for EV Adoption
In recent years, India’s auto component manufacturing industry has seen a surge in Indian OEM suppliers, strengthening its position in the global automotive supply chain.
India Approves Viability Gap Funding Scheme for Battery Energy Storage Systems
India’s union cabinet has approved the Scheme for Viability Gap Funding for the battery energy storage systems (BESS) industry. The scheme envisages the development of 4,000 MWh of BESS projects by 2030-31, which will lower costs for the renewables sector.
