Page 2 - Industry

Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

DPIIT has notified the Production Linked Incentive (PLI) scheme for white goods -- air conditioners and LED lights, with a budgetary outlay of Rs 6,238 crore

All industrial units in Delhi operating on cleaner fuels, says DPCC

The Commission had earlier asked the DPCC to identify the industries using unapproved fuels and take stringent penal action in case of non-compliance

Reactions of industrialists on FM Sitharaman's budget for fiscal 2022

Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in Parliament. Following are the reactions of industrialists to budget proposals: Vedanta Resources Executive Chairman Anil Agarwal tweets: "Congratulations to @narendramodi and FM @nsitharaman for a very reformist #Budget2021 with many big ideas including strategic disinvestment of two public sector banks & one insurance company. Thrust on infrastructure will boost growth." Mahindra Group Chairman Anand Mahindra tweets: "In a time of unprecedented economic stress, the Govt's responsibility was to spend enough to revive the economy or else face enormous human suffering. So I had one expectation from this budget: that we should be very liberal in terms of the targeted fiscal deficit. Box ticked." RPG Enterprises Chairman Harsh Goenka tweets: "Combination of Pujara & Pant innings - consistency and flamboyance! Steady focus on infra, commercial laws, ease of business with big shots of monetising PSU ..

Industry bodies CII, EEPC worried by hurdles faced by engineering exporters

CII, EEPC are leading industry bodies

Businesses remain unaffected despite weekend curfew in Ahmedabad

Gujarat govt imposed curfew from Friday 9 pm till Monday 6 am in Ahmedabad

Story in numbers: Steep drop in industrial demand may spoil recovery

Lack of domestic consumer demand and cyclical ebbing of global commodity prices have repeatedly been cited by the government as reason

Industry seeks unambiguity on employers' onus in Covid-positive cases

Not satisfied with govt clarification, fear section 58 of Disaster Management Act could be used against owners by various states

Industrial Revolution 4.0 to focus on modernising curent industries: Prabhu

He also asked industries to come forward to respond on the changes which would come up on account of Industrial Revolution 4.0

Credit to industry shrinks 4.3% in December quarter

Credit had fallen in November by 3.4 per cent and in October by 1.7 per cent