The Production-Linked Incentive (PLI) scheme is set to enhance India’s telecom manufacturing capabilities, addressing cost disparities and boosting competitiveness. Boosting Telecom Manufacturing with PLI The Indian government is planning a new PLI scheme to strengthen local telecom equipment manufacturing. As the existing PLI scheme enters its second phase, the new initiative will focus on non-electronic … Read more
NEW DELHI: The government has approved the Mutual Credit Guarantee Scheme (MCGS-MSME) to enhance credit availability for the micro, small, and medium manufacturing sectors. This initiative aligns with the Make in India goals outlined in the Union Budget 2024-25, aiming to support MSME growth. The scheme provides 60% guarantee coverage through the National Credit Guarantee … Read more
The Indian government has introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to bolster the Micro, Small, and Medium Enterprises (MSME) sector. This initiative aligns with the fiscal year 2024-25 budget and aims to facilitate credit access for the manufacturing sector, enabling MSMEs to purchase essential equipment and machinery for growth. Under this scheme, … Read more