PLI schemes drive Centre’s push for domestic chemical, pharma manufacturing under Make in India

December 3, 2025 10:42 AM

PLI schemes drive Centre’s push for domestic chemical, pharma manufacturing under Make in India

The government has stepped up efforts to expand domestic chemical and pharmaceutical manufacturing through a combination of infrastructure development and Production Linked Incentive (PLI) schemes, the Ministry of Chemicals and Fertilizers said on Tuesday. According to details shared by Minister of State Anupriya Patel in the Rajya Sabha, multiple schemes are currently under implementation to promote investment, expand production capacity, and reduce import dependency across key segments. The ...

Nearly $30 billion in Indian exports secure from Trump’s 50% tariff

August 7, 2025 9:27 AM

Nearly $30 billion in Indian exports secure from Trump’s 50% tariff

As US President Donald Trump on Wednesday announced a 50 per cent tariff on imports from India, shipments worth over $30 billion — including pharmaceuticals and certain electronic items such as smartphones, semiconductors, and energy products — remain exempt from the hike, as they continue to be on the exemption list. India exported drugs and pharmaceuticals as well as electronics (primarily smartphones) worth $10.5 billion and $14.6 billion respectively in FY25, together accounting for 29 ...