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The government is hoping to see an investment of Rs 15,900 crore under the PLI scheme for specialty steel against an investment commitment of Rs 21,000 crore in FY24, the steel ministry said in a statement.
A review report by an inter-ministerial panel said the investment growth is significantly slow in textiles, information technology hardware, and speciality steel this financial year.
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday gave its approval for signing and ratification of a bilateral investment treaty between India and the United Arab Emirates.
After the Uttar Pradesh Global Investors Summit 2023, the flow of investment is progressing in the state.
Noting that the country's domestic markets were strong due to the aspirations of its people, he declared that building a New India was possible only with bold reforms, massive infrastructure, and the best of talent.
CM Chouhan made the remark during the Curtain Raiser and Ambassador Roundtable of Global Investors Summit 2023 in New Delhi on Thursday.
The economy of Shanghai, China's most populous city, slumped 13.7% in the second quarter when COVID-19 outbreaks led to citywide lockdowns in April and May. It was the biggest economic contraction among all of China's province-level regions.
A research report prepared by the State Bank of India (SBI) mentioned that India will be a major beneficiary as investments are dragging out of China.
The present time has opened doors of great opportunities to the young crowd and the high-paying jobs have made life easy for them.
