According to ICRA, the PLI scheme along with imposition of BCD on imported modules and cells from April 2022 will improve the cost competitiveness of
Most of the global industry leaders are keen to expand or set up a manufacturing base in India and are "positive" about the kind of incentives propose
Indian companies selected under the PLI scheme were Lava, Bhagwati (Micromax), Padget Electronics, UTL Neolyncs and Optiemus Electronics
The shift towards personal mobility from public transport amid the coronavirus pandemic will also help the sector, according to an ICRA report
PM Narendra Modi said the government is continuously carrying out reforms to boost domestic manufacturing