India’s mobile phone exports have surged 127 times in a decade, and they grew from Rs 1,500 crore to Rs 2 lakh crore, Union Minister of State for Electronics and Information Technology, Jitin Prasada, informed Lok Sabha in a written reply Wednesday. The minister attributed unprecedented mobile manufacturing growth to the Production-Linked Incentive (PLI). During…
Prime Minister Narendra Modi has completed 11 years in office and Indian capital markets during this time has seen a phenomenal rally. The bluechip Nifty index, has seen an unprecedented leap gaining a mind-boggling 241 per cent return, in just over a decade. Likewise, on the remarkable gains, the overall market capitalisation has zoomed by 442 per…
NEW DELHI: The government may keep an outlay of Rs 7,500 crore under the production linked incentive scheme for IT hardware products like personal computers, laptops, tablets and servers, according to a source aware of the development. Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years,…