Industrial Policy News - Latest Updates & Headlines
Maha govt to release New Industrial Policy to attract investment of Rs 40 lakh crore
Mumbai, March 10: In a serious bid to boost the industrial growth, which has dipped 4.9 per cent in 2024-25 against 6.2 per cent last year, the Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar on Monday in the annual budget for 2025-26 proposed a slew of policy initiatives.
Trump mentions Taiwan, South Korea while saying America lost chip business
Washington, March 8: US President Donald Trump has mentioned Taiwan and South Korea, as he argued that the United States lost semiconductor business to foreign countries.
WTO experts underscore key insights on trade policy and industrial policy linkages
New Delhi, March 6: The role of Production Linked Incentive (PLI) schemes in enhancing manufacturing competitiveness, India's green transition, and inclusive sustainability took center stage at an international conference organized by the Centre for Trade and Investment Law (CTIL).
Punjab to resolve over four decades old pending cases of industrialists
Chandigarh, March 3: In a reprieve to industrialists, the Punjab Cabinet on Monday gave nod to introduce a one-time settlement (OTS) scheme to resolve more than four decades old pending cases to provide long-awaited relief to them.
AAP MP Arora raises concerns of industry with Punjab CM
Chandigarh, March 3: Aam Aadmi Party (AAP) MP Sanjeev Arora on Monday met Punjab Chief Minister Bhagwant Mann ahead of the Cabinet meeting to discuss key concerns faced by the industrial sector.
EU unveils Euro 100 billion plan to boost clean tech sector
Brussels, February 26: The European Commission, the executive arm of the European Union, has proposed allocating Euro 100 billion (USD 105 billion) to support clean manufacturing within the EU, streamline public procurement processes, and simplify state aid rules to give struggling European industries a boost.
India needs strong production base not empty words: Rahul Gandhi
New Delhi, February 15: Leader of Opposition in Lok Sabha and Congress MP Rahul Gandhi on Saturday criticised Prime Minister Narendra Modi over his handling of technological advancements, particularly in drones and artificial intelligence (AI).
Destination Tripura Business Conclave to boost Investment scheduled on February 7, 8
Agartala, February 5: Tripura is set to host the Destination Tripura Business Conclave on February 7th and 8th, aiming to attract entrepreneurs and business leaders from across the country. The event seeks to showcase the state's abundant natural resources--rubber, bamboo, natural gas, and tea--while highlighting lucrative investment opportunities backed by government incentives.
China is sitting inside this country is because 'Make in India' has failed: Rahul Gandhi attacks Modi government
New Delhi, February 4: Noting that wars are fought not only between armies but by industrial systems, Congress leader Rahul Gandhi on Monday alleged that "China is sitting inside this country is because 'Make in India' has failed" and said that India has an opportunity with the revolution in energy and mobility.
'New initiatives to promote investment', says Haryana CM at pre-budget meeting
Chandigarh, Jan 30: Haryana Chief Minister Nayab Singh Saini on Thursday said new initiatives are being taken to encourage industrial institutions and promote investment for economic progress.
Kerala showcases investment potential at WEF in Davos
Thiruvananthapuram, Jan 22: Highlighting the transformative shift in the industrial landscape of Kerala reinforced by government policies, state Industries Minister P. Rajeeve held more than 30 one-on-one meetings at the World Economic Forum (WEF) in Davos, focusing on his state's investment potential in diverse sectors.
Govt creating favourable environment for industry, service sectors: Rajasthan CM
Jaipur, Jan 20: Rajasthan Chief Minister Bhajan Lal Sharma on Monday said that his government has been creating a favourable environment for the industrial and service sectors so that the resolve for a $350 billion state economy can be fulfilled.
Make process of ease of doing business more industry-friendly: Fadnavis tells officials
Mumbai, Jan 9: Amid rising competition from various states in attracting investors for the development of industries, Maharashtra Chief Minister Devendra on Thursday asked the state industry department to make the process of ease of doing business more industry-friendly so that the state continues to be the favoured investment destination.
India will have an average growth of above 7 pc in subsequent four quarters: Franklin Templeton
New Delhi, January 9: Despite the recent challenges and lower-than-expected growth of 5.4 per cent in second quarter of 2025 (Q2FY25), the subsequent four quarters growth is expected to remain on an average of over 7 per cent, says the annual outlook of India by Franklin Templeton. India's domestic growth outlook remains resilient despite recent challenges. The outlook for India says high-frequency indicators suggest that the domestic slowdown has bottomed out in Q2FY25 and recovery signs are evident, driven by festive demand and rural activities."in the subsequent four quarters growth is expected to remain on an average above 7.0 per cent, supported by strong domestic demand and prudent government policies." says the annual outlook.
Centre to launch PLI scheme 1.1 for boosting steel manufacturing tomorrow
New Delhi, Jan 5: Union Minister of Steel and Heavy Industries H.D. Kumaraswamy will launch ‘PLI scheme 1.1’ for the steel industry and call for applications at an event scheduled to be held at Vigyan Bhavan in the national capital on Monday.
India's PLI schemes to boost revenue of 720 companies by USD 459 billion over next 5 years: Goldman Sachs
New Delhi, January 3: The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.