India Niti – Policy Updates
Introducing our 1st Newsletter on various policy initiatives of Government of India between January to March 23. This newsletter will provide birds eye view of the new policies introduced by various central government ministries. Policies covered includes the following:- 1. Foreign Trade Policy 2023 2. Swadesh Darshan Scheme 3. Petrochemical research & innovation commendation scheme […]
Indian Government released the Foreign Trade Policy 2023 with no expiry
India has reach record high Export Performance in Merchandise and Services Exports during this period. India’s Merchandise and Services exports is expected to cross record USD 760 Billion in FY2022-23. FTP 2015-20 contributed to this illustrious export performance. NEW FOREIGN TRADE POLICY 2023 – Approach to move from incentives to tax remissions and provide better administration of cross border trade – […]
India Budget 2023
Click Here Previous Next Finance Minister announced Budget 2023 which is the last full year budget before the General Elections. While the expectations of the mass was that the budget will be full of Sops to incentivize the common people however, the Budget suggests to be continue to focus on structural reforms on which the […]
National Green Hydrogen Mission – Powering Sustainable India
What is Green Hydrogen Hydrogen is emerging as an important source of energy since it has zero carbon content and is a non-polluting source of energy. Depending on the nature of the method of its extraction, hydrogen is categorized into three categories, namely, grey, blue and green. Green hydrogen is hydrogen produced using electricityfrom clean energy […]
PLI Scheme for Manmade textiles
Purpose of the Scheme The Production Linked Incentive (PLI) Scheme is intended to promote production of MMF Apparel & Fabrics and, Technical Textiles products in the country to enable Textiles Industry to achieve size and scale; to become competitive and a creator of employment opportunities for people. About the Scheme The scheme has been introduced […]
PLI scheme for Speciality Steel
Union Cabinet approved the PLI Scheme for Speciality Steel. The duration of the scheme will be five years, from 2023-24 to 2027-28 with a budgetary outlay of ₹6322 crores. The scheme is expected to bring in investment of approximately ₹40,000 crores and capacity addition of 25 MT. The scheme will give employment to about 5,25,000 […]
India EU FTA – Trade Disruption in Process
Background There are reports coming up suggesting resumption of the talks on trade deal between India and EU by the end of 2021. If successful, this will be another historic milestone for the India as EU is India’s largest trading partner with around 11% of India’s overall trade and India reciprocate the trade with roughly […]
Uttar Pradesh State Industrial Incentives
State Incentives in Uttar Pradesh Uttar Pradesh is one of the biggest state in India not just in terms of the land parcel but also from the perspective of population. The State Government’s proactive initiatives and investment-friendly policies have created a favourable investment climate. Through these transparent policies and reforms, the State of Uttar Pradesh is […]
Karnataka State Incentives for Industry
Karnataka State Industrial Policy – FY 2020-2025 The Government of Karnataka has introduced state industrial policy for years starting from 2020 to 2025. Karnataka is a land of immense opportunity and innovation. It is ideally positioned to make the future happen today. The State’s manufacturing process is supported by critical enablers such as: thriving ecosystem, […]
PLI Scheme for ACC battery
PLI Scheme Details The scheme provides financial incentive (cash subsidy) for setting up manufacturing facility for advanced battery pack and advance chemistry cells (“ACC”); A cumulative ACC manufacturing capacity of 50 GWh for ACC shall be allocated to selected investors based on techno financial bid (Quality and cost based selection process); Additional incentive for manufacturing […]