A MEETING BETWEEN officials of Google's parent Alphabet and Tamil Nadu Chief Minister M.K. Stalin came as a shot in the arm for Indian drone manufacturers. Reports suggest that the tech giant is planning to set up a factory in the southern state to manufacture drones.
The Indian government's efforts to give the industry a boost appear to be bearing fruit. In 2021, the government announced a subsidy of ₹120 crore under the ProductionLinked Incentive (PLI) scheme for the manufacturers of drones and their components. Then, in the Interim Budget 2024-25 presented earlier this year, Union Finance Minister Nirmala Sitharaman increased the outlay for the sector under the PLI scheme to ₹57 crore from ₹33 crore the previous year.
Denne historien er fra July 07, 2024-utgaven av Business Today India.
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Denne historien er fra July 07, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Pension Scheme - Safety Net
The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math
The Reit Choice?
Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility
CORPORATE - Calling to Account
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EMPLOYMENT: Skills Push
The skill development ministry plans to partner with the UGC to improve the employability of undergraduates
Building on a Vision
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"KYS more important than KYC"
Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore
ROXX STAR
THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT
HIT THE GROUND RUNNING
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TURNING THE TABLES
INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND
THE EVOLUTION OF ATHERA
IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS
