From assemblers to innovators: India’s Rs 22,919 crore push to dominate electronics components

What sets this new PLI scheme apart is its structured incentives, strategically designed to support Indian manufacturers. (AI image) By Nikit Popli and Neetu SinghIn a strategic move to accelerate India’s vision of becoming a global electronics manufacturing hub, the Union Cabinet has approved a Production-Linked Incentive (PLI) scheme worth ₹22,919 crore for the manufacturing…

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Global standards: Indian Railways studying Russia, Germany, Switzerland rail systems to adopt best practices

Railway networks of Russia, Germany, Switzerland, France and Spain are under consideration. Indian Railwaysis conducting a comprehensive assessment of global technologies to transform its operations and services completely, according to officials. The railway networks of Russia, Germany, Switzerland, France and Spain are under consideration for potential adaptation to suit Indian conditions.The study also encompasses protocols…

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PM Modi to inaugurate Vizhinjam Seaport: 10 things to know about India’s first transshipment hub

Prime Minister Narendra Modi is set to inaugurate the Vizhinjam International Deepwater Multipurpose Seaport on today. Located in Thiruvananthapuram, Kerala, the port is billed as India’s first dedicated transshipment facility and is expected to significantly reduce the country’s dependence on foreign ports, especially for container handling. Developed at an estimated cost of Rs 8,867 crore…

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