Wednesday, June 28, 2023

Indian Government Met Foxconn Samsung Electronics Others to Discuss PLI Scheme

The Indian government met large global firms such as Foxconn, Samsung Electronics and Reliance Industries to find ways to boost manufacturing in the country with its production-linked incentive (PLI) scheme. The meeting, addressed by India's Trade Minister Piyush Goyal on Tuesday, comes amid concerns that some of the businesses were facing delays in availing the incen...

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Tesla's entry will help grow EV market in India, not worried about competition: BMW

BMW Group India remains optimistic about the EV market, viewing Tesla’s entry as a growth catalyst. CEO Vikram Pawah says competition boosts...