October 14, 2026
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India’s iPhone exports surged to a record ₹2 trillion in FY26, marking a major milestone in the final year of the government’s production-linked incentive (PLI) scheme. The achievement makes Apple Inc. the country’s largest branded exporter, underlining the rapid scale-up of local manufacturing and global supply integration. Smartphone exports from India reached around Continue Reading
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Foreign brokerage Bernstein has urged the Indian government to discontinue the production-linked incentive (PLI) scheme for the automobile sector. It argued that domestic auto manufacturers are financially strong and do not require production subsidies to support manufacturing expansion or electrification efforts. The firm said Indian automakers are increasingly relying on Continue Reading
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China has formally initiated a trade dispute with India at the World Trade Organization (WTO), challenging New Delhi’s trade measures on solar cells, solar modules, and information technology goods. Beijing alleges that India’s tariff policies and certain incentives — particularly those contingent on domestic inputs — discriminate against Chinese imports and violate Continue Reading
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The government has removed the Quality Control Order (QCO) requirement for Viscose Staple Fibre (VSF) with immediate effect, a move aimed at easing raw material access and supporting growth in the textile sector. The decision was taken after consultations with the Bureau of Indian Standards (BIS) and industry stakeholders, the Ministry of Textiles said. This […]Continue Reading

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