By Reuters Staff
Workers stitch garments at a factory of an apparel shop in Jaipur, India, October 20, 2020. Picture taken October 20, 2020. REUTERS/Anushree Fadnavis
NEW DELHI (Reuters) – India is working to offer production-linked incentives to more sectors to boost domestic manufacturing, a top government official said on Friday, bolstering efforts to attract new investments in its coronavirus-stricken economy.
The Cabinet will soon consider approving such incentives for more sectors, Rajiv Kumar, vice chairman of NITI Aayog, a government think-tank told a virtual conference.
Kumar didnt specify which sectors might be made eligible for the incentives.
The government earlier announced production-linked incentives for large-scale electronic goods makers, pharmaceutical companies and manufacturers of medical devices.read more
India to offer production-linked incentives to more sectors – official – Reuters India
