[ad_1] In a major step towards strengthening domestic electronics manufacturing, the Union Cabinet on March 28 cleared a ₹22,919-crore Production-Linked Incentive (PLI) scheme for component manufacturing. The initiative is expected to generate ₹4.56 lakh crore in production and attract ₹59,350 crore in investments, while creating 91,600 direct jobs and many more indirect employment opportunities. Industry […]
ICEA Chairman sees immense potential for India in global manufacturing – CNBC TV18
[ad_1] India’s manufacturing story is one of immense potential, but it’s also riddled with challenges. At around just 2.8% of global manufacturing output, India lags significantly behind China, which accounts for a whopping 33%. This stark gap highlights the structural issues India must address to become a global manufacturing powerhouse, says Pankaj Mohindroo, Chairman of […]