New Delhi, July 15 (IANS) After the success of the ‘Semicon 1’ initiative, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the ‘Semicon 2.0’ scheme for the development of a domestic semiconductor design and manufacturing ecosystem, with a total budget outlay of Rs 1,27,500 crore.To date, 12 manufacturing units have been approved with a cumulative investment of over Rs 1.64 lakh crore. These include one silicon fab, one silicon carbide fab, an integrated …
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New Delhi, July 9 (IANS) India’s next phase of global capability centre (GCC) expansion will be far more geographically diverse, with Tier-II and Tier-III cities emerging as key hubs of innovation, Finance Minister Nirmala Sitharaman said on Thursday.Addressing the CII National GCC Business Summit 2026 here, the Finance Minister said the first 2,000 GCCs were largely concentrated in metropolitan centres, but the next wave of growth is expected to spread across a wider range of cities as the geog…
Vadodara, June 30 (IANS) Defence Minister Rajnath Singh on Tuesday said investment in the defence sector generated benefits beyond national security by supporting industrial development, employment, infrastructure and technological innovation. Addressing industrialists, entrepreneurs and investors at the valedictory session of the Vibrant Gujarat Regional Conference (VGRC), Singh said defence manufacturing had become an important component of India’s broader economic development strategy.”Every …
New Delhi, June 14 (IANS) The inauguration of Bharat Innovates 2026 in Nice, France, by Prime Minister Narendra Modi and President Emmanuel Macron marks a “defining milestone in the India-France partnership”, Union Education Minister Dharmendra Pradhan said on Sunday. President Macron’s emphasis on Bharat Innovates as a bridge between India’s and France’s thriving technological landscape reflects the growing ambition and depth of our collaboration in emerging technologies, enterprise and innovat…
Bhopal, June 14 (IANS) In a major boost to the MSME (Micro, Small and Medium Enterprises) sector, Chief Minister Mohan Yadav on Sunday disbursed incentive amounts totalling over Rs 360 crore to 900 industrial units with a single click. He also cleared all outstanding liabilities of MSME units up to March 31, 2026.Through the digital initiative, the Chief Minister released Rs 2.02 crore in assistance for units setting up Effluent Treatment Plants (ETPs), reimbursed Rs 1.07 crore in mandi fees und…
Helsinki, June 11 (IANS) External Affairs Minister (EAM) S Jaishankar on Thursday reviewed the progress of India-Finland Strategic Partnership on Digitalisation and Sustainability with his Finnish counterpart Elina Valtonen in Helsinki.“Good to meet FM Elina Valtonen of Finland today in Helsinki,” EAM Jaishankar wrote on X.“Reviewed the progress of our Strategic Partnership on Digitalisation and Sustainability. Discussed cooperation on start-ups, AI, semiconductors, critical minerals, quan…
New Delhi, May 22 (IANS) India’s start‑up ecosystem has entered a phase of “cautious growth” with an active initial public offering pipeline with 70 to 120 start‑ups expected to get listed by 2030, a report said on Friday. The report from professional services firm Aon said start‑ups are likely to deliver an average salary increase of 9.7 per cent in 2026, reflecting a moderation from earlier peaks but still remaining competitive in attracting critical talent.In January 2026, 23 star…
New Delhi, April 7 (IANS) Chhattisgarh Chief Minister Vishnu Deo Sai met Prime Minister Narendra Modi here on Tuesday and presented a forward-looking vision for the next phase of Bastar’s development in the post-Maoism era, an official said. During the meeting, the Chief Minister expressed gratitude for the restoration of peace in the region following the decline of Maoism, crediting the continued support and leadership of the Prime Minister, said a statement.He also shared a comprehensive blu…
Lucknow, March 24 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath said on Tuesday that entrepreneurs are the backbone of the economy and ensuring their safety and dignity is the state government’s priority while launching the ‘Nivesh Mitra 3.0’. Launching the ‘Nivesh Mitra 3.0′ single-window system in Lucknow, the Chief Minister added that it will make the setting up of industries easier and more transparent due to investors’ growing trust in state’s potential as the leading investment desti…
New Delhi, March 20 (IANS) MSMEs and start-ups are playing a crucial role in strengthening India’s defence capabilities and safeguarding national interests, Minister of State for Defence Sanjay Seth said on Friday.The National Defence Industries Conclave (NDIC) 2026 concluded in the national capital after two days of detailed discussions on advanced manufacturing technologies and boosting industry participation in defence production.Addressing the valedictory session, Sanjay Seth highlighted t…