Amazon India to commence Electronic Devices Manufacturing in India
Mr. Ravi Shankar Prasad, the Union Minister for Electronics & Information Technology, Communications and Law & Justice, today held a virtual meeting with Mr. Amit Agarwal, Amazon’s Global Senior Vice President and Country Head for India. Range of issues related to digital sector were discussed during this meeting. After this meeting Amazon India has made […]
India Launches Production Linked Incentive (PLI) scheme to become hub of Global Telecom Manufacturing
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has approved Production Linked Incentive (PLI) Scheme for Telecom and Networking Products with a budgetary outlay of Rs. 12,195 crore. The Production Linked Incentive (PLI) Scheme intends to promote manufacture of Telecom and Networking Products in India and proposes a financial incentive to boost domestic […]
India emerges as Asia’s biggest destination for fintech deals
A recent research report released by RBSA Advisors has revealed that India has emerged as Asia’s biggest destination for financial technology (fintech) deals, leaving behind China in the quarter ended June 2020. With around 33 deals valued at US$ 647.5 million, India has the highest investment in the fintech segment compared to China’s US$ 284.9 […]