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The government is counting on its multi-sector Production-Linked Incentive (PLI) scheme to entice domestic and foreign companies to invest in local manufacturing. It wants gross…
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DOI: 10.1108/OXAN-DB259645
ISSN: 2633-304X
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Geographic
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The making of mobile phones and specified electronic components was one of the first areas to be covered by the multi-sector Production-Linked Incentive (PLI) scheme, which is…
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DOI: 10.1108/OXAN-DB274432
ISSN: 2633-304X
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Geographic
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To these ends, the government is trying to leverage the large domestic market to attract investment in manufacturing facilities with a view to establishing India as an…
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DOI: 10.1108/OXAN-DB282012
ISSN: 2633-304X
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Geographic
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Days earlier, Ford said it would stop making vehicles for sale in India. It blamed persistent overcapacity and a lack of growth in the country’s car industry.
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DOI: 10.1108/OXAN-DB264381
ISSN: 2633-304X
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Geographic
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Production is being undertaken by its long-time contract manufacturer Foxconn in its facility in Tamil Nadu state. Apple has manufactured iPhones in India since 2017, but the…
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DOI: 10.1108/OXAN-DB274061
ISSN: 2633-304X
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In September 2022, two seemingly coincidental developments appeared to boost India’s chances of seizing this opportunity: first, a decision by the central government to…
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DOI: 10.1108/OXAN-DB273294
ISSN: 2633-304X
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July RBI data show updated gross FDI inflows of USD71.4bn in fiscal year 2022/23 (April-March), down from USD84.8bn in 2021/22. This was the first annual fall since Prime Minister…
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DOI: 10.1108/OXAN-DB281105
ISSN: 2633-304X
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This came after the government announced plans for a 4G spectrum auction in March 2021, after a five-year gap. There is growing speculation that this will be followed by an…
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DOI: 10.1108/OXAN-DB259104
ISSN: 2633-304X
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With the stand-off unresolved and the deficit in India’s trade with China widening, it is looking to impose further restrictions, partly by leveraging the deterioration in…
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DOI: 10.1108/OXAN-DB276445
ISSN: 2633-304X
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Gautam Adani, another Indian tycoon, has also promised sizeable investment in green energy. India aims to meet 50% of its energy needs from renewables by 2030 and to achieve…