archiveincentives

In a bid to boost local manufacturing, the government is planning to offer more incentives to mobile part makers. The efforts aimed at making India a full-blown mobile components and accessories production hub in the next three to four years. According to the Economic Times report, the government, as a part of phased plan, is likely to change duty structures around mobile phone components such as camera module, printed-circuit board (PCB) and keyboards to expand the manufacturing base locally by next year. “There is a provision to manufacture a few accessories in...

In an effort to promote new age technology-based business ventures in the State, the Gujarat government, on Sunday, unveiled a new policy announcing a slew of measures for new start-ups. Chief Minister, Anandiben Patel announced her government’s new policy for promotion of information technology (IT) and electronic start-ups, envisaging setting up of 50 incubators to provide leadership and facilities to 2,000 start-ups over the next five years. About 10 lakh square feet of space will be developed for incubators, targeting investment to the tune of Rs. 7,000 crore and creation...