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The production-linked incentive scheme may increased to Rs 17000 crore

The government, which wants global IT companies such as Dell, HP, Apple, and Samsung to expand manufacturing in India, will soon release a revised...

Sphot’23 concludes amid the exciting promise of game-changing real-world AI applications in India in the near future

Saarthi hosted the second edition of Sphot on powering the bharat revolution with AI on February 1, 2023 in Mumbai (Sofitel Mumbai BKC) As an ode to the origin of...

Paytm to be most profitable after new UPI scheme!

According to brokerage firm Morgan Stanley, India's UPI incentive program will mostly benefit Paytm, the country's largest provider of digital payments and banking services. As...

Reports: Global Electronics and Hardware Manufacturers are now seeking PLI payments from the Government

Many international manufacturers of electronics and hardware are asking the Center to expedite the release of payments due to them under the country's powerful...

Government increases scrutiny on the FAME Scheme to curb companies from taking advantage of EV subsidies

The companies opting for subsidies under the flagship electric vehicle promotion scheme, the FAME are getting a lot of attention from the Centre as...

Experts predict that 5G, the extension of the PLI, and tax changes will enhance the local IT ecosystem

Companies and analysts expect budget proposals to improve the local industrial ecosystem by promoting technology-enabled development, energy transition, and climate action through tax intervention. Finance...

Apple iPhone makers Foxconn, Wistron are right on track to achieve PLI targets; Pegatron manufacturing to take time

Smartphone major Apple's manufacturing partners Foxconn(HonHai) and Wistron are set to achieve their PLI(Production-Linked Incentive) targets by the end of this fiscal year, having...

Samsung will be the first to avail 6% PLI incentives for FY21

Samsung Electronics is the only company that managed to achieve the production target set for handset PLI (Production-Linked Incentive) Scheme. The company will avail...

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