Rs 12,195 – crore PLI (Production linked incentive) scheme for telecom equipment
The Rs 12,195 crore PLI scheme for telecom equipment manufacturing is "a big positive" that will spur local production, generate employment, and position the country as a global hub for innovation, industry experts said on Wednesday.
India would be fastest growing Asian economy in 2021
India could well be the fastest-growing Asian economy in calendar year 2021 (CY21) if Nomura’s forecasts are to be believed. The foreign research and brokerage house expects the Indian economy – as measured by gross domestic product (GDP) – to grow at 9.9 per cent in 2021, eclipsing China (2021 GDP growth pegged at 9 per cent) and Singapore (at 7.5 per cent) during this period.
FDI equity inflows into India cross $500 billion milestone
The key sectors which attracted most FDI inflows include services segment, computer software and hardware, telecommunications, trading, construction development, automobile, chemicals, and pharmaceuticals.
Creative ways companies are embracing the circular economy
It’s an approach based on “designing out waste and pollution, keeping products and materials in use, and regenerating natural systems,” in the words of the Ellen MacArthur Foundation. The idea is gaining momentum and truly hitting the mainstream as a growing number of household-name brands adopt circular methods and develop products with circularity built in.