Govt expects Rs 34,090-crore investment under PLI scheme for electronics manufacturing

Govt expects Rs 34,090-crore investment under PLI scheme for electronics manufacturing

The government is expecting an investment of Rs 34,090 crore under the PLI scheme for large-scale electronics manufacturing, mainly mobile phones and electronic components, by 2025, Parliament was informed on Friday. The government has approved proposals of 20 companies under the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), including that of … Read more

Duty concessions for wind turbine components may continue

Duty concessions for wind turbine components may continue

BENGALURU: The ministry of new and renewable energy (MNRE), which was considering withdrawal of the customs duty concessions it provides wind turbine manufacturers, is now in favour of continuing these concessions for some time, sources said. MNRE held several rounds of discussions with Indian wind equipment makers about the duty concessions. It held the view … Read more