The manufacturing policy should include a strategy on import tariffs, taxation, technology transfer and other related aspects to cover the entire spectrum of potential policy interventions, they are learnt to have told the minister.
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The Union government has approved a financial outlay of Rs 15,000 crore for the Production Linked Incentive (PLI) scheme for pharmaceuticals, aimed at boosting domestic manufacturing.
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Camso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins compared to tyres for passenger vehicles and two wheelers. Michelin had in 2018 acquired the brand for nearly USD 1.5…
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SBI predicts India’s FY25 GDP growth at 6.3%, lower than RBI’s revised 6.6% projection. This downward revision follows an initial increase, marking a shift from previous years’ consistent downgrades. A CRR cut aims to inject liquidity into the banking system,…
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India will see a surge in billionaire entrepreneurs. This growth will mirror China’s growth until 2020. Rapid urbanization and digitalization are key drivers. The number of Indian billionaires has more than doubled in the last ten years. Their collective wealth…
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In a clear change of strategy, the foreign institutional investors (FIIs) have turned buyers, and the stage of relentless FII selling is now over with the Indian economy remaining resilient despite the geo-political conditions, market watchers said on Saturday.
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