India’s actual GDP development is projected to stay regular at 6.5% in fiscal 2026, regardless of ongoing uncertainties resulting from geopolitical shifts and the trade-related tensions stemming from US tariff actions, based on a report launched by CRISIL. The forecast, offered throughout CRISIL’s flagship India Outlook seminar, rests on two key assumptions: a standard monsoon…
The federal government has disbursed Rs 1,596 crore below Manufacturing-Linked Incentive (PLI) schemes for six sectors, together with electronics and pharma, in the course of the April-September this fiscal, an official mentioned. The federal government in 2021 introduced PLI schemes for 14 sectors akin to telecommunication, white items, textiles, manufacturing of medical units, vehicles, speciality…
In a stride in direction of attaining self-reliance below the ‘Atmanirbhar Bharat’ imaginative and prescient, India’s Product-Linked Incentive (PLI) schemes have emerged as a transformative power in enhancing the nation’s manufacturing and export capabilities with an outlay of Rs1.97 lakh crore (over US$26 billion). In response to the Ministry of Commerce and Trade, the initiative,…
