Tag
Industrial Policy
14 articles
Government support for electric vehicle adoption and domestic manufacturing continues to expand, with ₹75,873 crore allocated across six active schemes. The PM E-DRIVE scheme demonstrates strong utilization, reaching 89% of its FY25-26 allocation and supporting 28.3 lakh EVs, while the PLI-Auto scheme has exceeded its investment target, attracting ₹44,326 crore. These initiatives, alongside FAME-II and incentives like GST waivers, aim to bolster the EV ecosystem and strengthen India’s position in the global automotive landscape, creating opportunities for businesses involved in EV manufacturing, component supply, and charging infrastructure development.
Centum Electronics Receives ₹106 Crore ECMS Approval
Centum Electronics received approval under Electronics Components Manufacturing Scheme for ₹106 crore investment.
The five-year investment will focus on manufacturing Transducers and Filters product c
87 Proposals Received Under BHAVYA Scheme Phase-I
Ministry of Commerce received 87 industrial development proposals from states/UTs under BHAVYA Scheme's first round.
Proposals will be evaluated on connectivity, infrastructure quality, industrial eco
India Manufacturing Sector Achieves Robust Growth Across Key Industries
India's manufacturing GVA grew at a 10.88% CAGR from 2022-23 to 2025-26, contributing 16-17% to GDP and employing over 27 million workers.
Defence production reached ₹1.78 lakh crore in FY25-26 with e
India's ₹1.27L Crore Semicon 2.0 and AI Mission Progress
India approved Semicon 2.0 with ₹1,27,500 crore outlay to scale semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.64
India's ₹1.38 Lakh Crore Semiconductor and AI Push
India approved Semicon 2.0 with ₹1,27,500 crore outlay to expand semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.6
India's Electric Vehicle Sales Surge 46x Since 2016
Government backgrounder details India's EV ecosystem growth with sales increasing 46 times from 50,000 units in 2016 to 2.3 million in 2025.
Multiple policy schemes drive adoption including PM E-DRIVE
MeitY Approves 31 New ECMS Projects Worth ₹6,844 Crore
MeitY approved 31 new projects under ECMS with ₹6,844 crore investment, expected to create 9,588 direct jobs.
Total ECMS approvals now stand at 106 projects with ₹69,548 crore investment generating 74
Pharma PLI Schemes Disburse ₹7,013 Crore Till March 2026
The PLI Scheme for Pharmaceuticals has disbursed ₹6,659 crore from its ₹15,000 crore outlay since its performance period began in FY 2022-23.
The PLI Scheme for Bulk Drugs has disbursed only ₹87.70 cr
Odisha Excluded from Central Bulk Drug Park Scheme
The Cabinet approved a scheme in March 2020 to establish three Bulk Drug Parks to reduce manufacturing costs through shared infrastructure.
Thirteen states submitted proposals, with Gujarat, Himachal
Bulk Drugs PLI Scheme: ₹87.7 Cr Incentives Disbursed
48 projects approved under PLI Scheme for Bulk Drugs with ₹6,940 crore outlay, of which ₹87.70 crore incentives disbursed as of March 2026.
Production capacity created for 28 APIs/KSMs/DIs with 18 API
PM Modi Outlines Viksit Bharat 2047 Economic Roadmap
PM Modi's Independence Day address outlined a comprehensive economic vision for Viksit Bharat by 2047 through seven strategic pillars including manufacturing, technology, and green economy.
The speech
India's 12-Year Transformation Progress Highlights
PM Modi highlights India's 12-year transformation across manufacturing, digital infrastructure, and energy security with specific growth metrics.
Defense production increased 4x, mobile production 35x
MHI Receives 20 Bids for Rare Earth Magnet Scheme
Ministry of Heavy Industries received 20 bids for establishing integrated sintered NdFeB rare earth permanent magnet manufacturing facilities under a Rs 7,280 crore scheme.
The scheme aims to create 6
MoSPI Reports Manufacturing GVA CAGR 10.88% for 2022-23 to 2025-26
MoSPI revised National Accounts base year to 2022-23, releasing new manufacturing GVA growth data.
Manufacturing GVA at constant prices grew at a 10.88% CAGR from 2022-23 to 2025-26 per revised series