NEW DELHI: India’s gross foreign direct investment (FDI) inflows rose nearly 29% to $42.3 billon during the first half of the current fiscal year, taking the overall overseas investment to $1 trillion since April 2000.The rise during the current fiscal year comes after two consecutive years of fall, indicating that investors globally are more upbeat…
Representative Image India’s textile industry is on the brink of expansion, with total textile exports projected to reach USD 65 billion by FY26, according to Invest India. Invest India posted on X, “PM Modi’s bold ‘#fibretofashion’ vision is guiding the #textileindustry to become a driving force in the global market while bringing competence & technology…
Vande Bharat trains will increasingly have indigenous components, with the Modi government looking at a new PLI or Production Linked Incentive Scheme for train parts. In a bid to attract foreign manufacturing firms and lessen import reliance, the government is set to roll out a PLI scheme for train component manufacturers, an ET report said….
