2025-07-20Niranjan Ghatule
India has become the world’s 4th largest manufacturing economy, surpassing the UK, France, and Indonesia, with a manufacturing GDP of $957 billion and 4% growth. This blog explores how initiatives like Make in India, PLI schemes, and Aatmanirbhar Bharat have fueled this rise. It also compares India’s progress with other global economies and examines whether India can break into the top 3 manufactu
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2025-06-27Niranjan Ghatule
India may soon unveil a ₹13,000 crore incentive scheme for the auto ancillary sector, aiming to reduce import dependency and promote domestic manufacturing. Though not officially confirmed, reports suggest the Ministry of Heavy Industries is finalizing this move.
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2025-03-27Niranjan Ghatule
The Production-Linked Incentive (PLI) Scheme for Automobile & Auto Components is a government initiative launched in September 2021 with a budgetary outlay of ₹25,938 crore. It aims to boost domestic manufacturing of Advanced Automotive Technology (AAT) products, reduce import dependency, and create employment.
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