Saturday, December 25, 2021

Boosted by localisation, Indian electronics manufacturing sector to touch Rs 7 lakh cr next fiscal

The Meity has proposed a PLI scheme of about Rs 22,000 crore to promote wearables as well as enhance incentives for IT hardware manufacturers in the next financial year as it aims to increase electronics exports from India by 50 per cent. https://ift.tt/3epA3qo

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Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)

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