New Delhi: The Government said PLI schemes attracted investments of more than ₹2.40 lakh crore and generated over 14.15 lakh direct and indirect jobs as of March 31, 2026. The schemes also enabled exports worth more than ₹15.2 lakh crore across 14 key manufacturing sectors. The Production Linked Incentive (PLI) schemes have an approved financial…
Mobile PLI scheme sees investments double to Rs 17,519 cr. Smartphone exports cross Rs 2.62 lakh cr in 2025. India becomes net exporter. New Delhi, Apr 1 (PTI) The production-linked incentive scheme to boost domestic mobile phone manufacturing received more than twice the target investment at Rs 17,519 crore, and total production has exceeded the…
National Co-operative Exports Limited (NCEL) and Hyderabad Agricultural Co-operative Association Limited (HACA) sign an MoU to boost agricultural exports from Telangana. In a move aimed at strengthening agricultural exports from Telangana’s cooperative sector, the National Co-operative Exports Limited (NCEL) and Hyderabad Agricultural Co-operative Association Limited (HACA) signed a Memorandum of Understanding (MoU) in Hyderabad. The…
National Co-operative Exports Limited (NCEL) and Hyderabad Agricultural Co-operative Association Limited (HACA) sign an MoU to boost agricultural exports from Telangana. In a move aimed at strengthening agricultural exports from Telangana’s cooperative sector, the National Co-operative Exports Limited (NCEL) and Hyderabad Agricultural Co-operative Association Limited (HACA) signed a Memorandum of Understanding (MoU) in Hyderabad. The…
India and the United Kingdom are poised to take a major step in strengthening economic ties as the India-UK free trade agreement is likely to be implemented in April 2026, according to government sources. The landmark deal, formally known as the Comprehensive Economic and Trade Agreement (CETA), was signed in July 2025 after years of…
IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…
File photo: Chinese President Xi Jinping and Japanese PM Sanae Takaichi (Picture credit: AP) China on Tuesday banned exports of dual-use goods that can serve both civilian and military purposes to Japan, a move that comes amid heightened tensions between the two countries over Taiwan.In a statement, China’s commerce ministry said exports of such items…
Apple has made India a major hub for manufacturing its products, in particular, the iPhone. The Cupertino giant exported over $50 billion worth of iPhones from the country in 2025, as confirmed by Union Minister of Electronics and Information Technology, Ashwini Vaishnav. This is part of India’s push in the manufacturing of electronics as part…
New Zealand’s PM Christopher Luxon, on Saturday, hailed the free trade agreement with India, saying that the deal fulfilled a key promise made by his government. “We said we’d secure a Free Trade Agreement with India in our first term, and we’ve delivered.” He further added that this “landmark deal means more jobs, higher incomes…
India’s ambition of exporting goods and services worth $1 trillion by the end of FY26 is likely to remain out of reach, Global Trade Research Initiative (GTRI) predicted in its latest report on Thursday, pointing to weak merchandise shipments due to weak global demand and increasing protectionist trends.Ajay Shrivastava, founder of the economic think tank,…