New Delhi, December 9, 2025: The Production Linked Incentive (PLI) Scheme for Automobile and Auto Components has approved 82 applicants as of November 30, 2025, aiming to accelerate domestic manufacturing of Advanced Automotive Technology (AAT) products. The scheme carries a budgetary outlay of ₹25,938 crore and sets an ambitious eligible…
Tag: #PLI
News
MNRE Pushes Calibrated Financing for Solar Growth
The Ministry of New & Renewable Energy (MNRE) on Sunday urged financial institutions to adopt a calibrated, well-informed approach while evaluating finance proposals across the solar photovoltaic (PV) manufacturing ecosystem. The ministry clarified that it has not issued any advisory directing lenders to pause or halt fresh renewable energy financing,…
News
Electronics Manufacturing Soar Sixfold Exports Rise Eightfold
India’s electronics manufacturing sector has undergone a dramatic transformation over the past decade. According to official data presented in the Rajya Sabha on 5 December 2025, electronics output rose from ₹1.9 lakh crore in 2014–15 to ₹11.32 lakh crore in 2024–25 a near sixfold increase while electronics exports surged eightfold…
News
Steel QCO Suspension: Ministry of Steel Pauses 55 IS Standards
The Ministry of Steel has temporarily suspended enforcement of 55 Indian Standards under the Steel and Steel Products (Quality Control) Order, 2024, citing supply concerns, downstream pricing impacts and the needs of MSMEs. The move — implemented through the Steel and Steel Products (Quality Control) Amendment Order, 2025 — pauses…
News
India’s Manufacturing Rise: From Reforms to Global Power
India’s manufacturing sector is entering a decisive phase, with fresh data showing strong growth and renewed investor confidence. The Index of Industrial Production (IIP) recorded 3.5% year-on-year growth in July 2025, led by a sharp 5.4% rise in manufacturing output. This momentum is being fuelled by flagship policies such as…