Global Head of IBM Corporation, an American multinational Technology Company headquartered in New York with presence in over 175 countries, Shri. Arvind Krishna called on Union Minister Dr. Jitendra Singh to explore potential joint collaborations in Quantum, Artificial Intelligence (AI) and geospatial AI solutions Both sides acknowledge the transformation of India under Prime Minister Narendra Modi which has placed this country as a frontline nation in AI and next-generation technologies
Dr. Jitendra Singh reaffirms government’s pro-technology and forthcoming stance on innovation ecosystem with synergistic collaboration and partnership with the Private sector
S&T Minister reiterates Prime Minister Narendra Modi’s unwavering support for a deep tech enabled India with indigenous solutions
Posted On: 25 MAR 2025 5:49PM by PIB Delhi
In a significant step towards elevating India’s global position in emerging technologies, Global Head of IBM Corporation, an American multinational Technology Company headquartered in New York with presence in over 175 countries, Arvind Krishna called on Union Minister Dr. Jitendra Singh to explore potential joint collaboration in Quantum, Artificial Intelligence (AI) and geospatial AI solutions.
The meeting between the two delegations took place in the backdrop of India’s recently launched National Quantum Mission, positioning the country as a global leader in quantum technologies.
During the discussion, both sides acknowledged the transformation of India under Prime Minister Narendra Modi which has placed this country as a frontline nation in AI and next-generation technologies.
They deliberated on possibilities of integrating geospatial AI solutions to drive innovation and technological advancements across various sectors.
Union Minister Dr. Jitendra Singh, Minister of State (Independent Charge) for Science and Technology, Earth Sciences, and Personnel, Public Grievances and Pensions, reaffirmed the Government of India’s pro-technology stance and its commitment to fostering a robust innovation ecosystem. He highlighted the government’s proactive approach in welcoming private sector participation, citing recent breakthroughs in the space sector following its unlocking for private investment. He also referenced the Union Budget announcement allowing non-government sectors to participate in nuclear energy development as a testament to India’s commitment to deep-tech innovation.
Emphasizing the need for global collaboration, Dr. Jitendra Singh stated that India is now more open than ever to partnerships with private sector players to scale up technological advancements at a global level. He highlighted the role of the Anusandhan National Research Foundation (ANRF) in creating a strong research ecosystem and expressed confidence in the potential of Indian youth to achieve the goals of Viksit Bharat @ 2047.
The Union Minister reiterated the government’s unwavering support for a deep-tech enabled India, emphasizing indigenous solutions and self-reliance in critical technologies. He also asserted that India is at par, if not ahead, of other nations in the field of emerging technologies.
Prof. Abhay Karandikar, Secretary, Department of Science and Technology, actively participated in the discussions, assuring full support from government institutions to facilitate technological collaborations.
From the IBM delegation, Sandip Patel, Country General Manager and MD; Kishore Balaji, Executive Director – GRA; and Amith Singhee, Director, IBM Research India & CTO, were also present, expressing their commitment to deepening IBM’s engagement with India’s technology ecosystem.
The meeting marked a pivotal moment in India’s journey toward becoming a global leader in quantum computing, AI, and deep-tech innovations, with synergistic collaboration between the government and private sector driving the nation toward a technologically advanced future.
The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying with effect from financial year 2018-19 has been implementing Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total fund size of Rs 7522.48 crore to address the infrastructure requirement for fisheries sector. The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying based on the techno-financial proposals, so far, has approved a total 141 proposals at a cost of Rs. 5915.54 crore with restricting the project’s cost for interest subvention at Rs. 3947.54 crore to various State Governments, Union Territories and other End Implementing Agencies. The state-wise details of these projects approved under FIDF are furnished at Annexure-I.
The key projects approved primarily include 28 Fishing Harbours, 24 Fish Landing Centers, 8 Fisheries Training Centres and 5 Fish Processing Units. This includes the four fishing harbours at a total investment of Rs 1291.40 crore approved for Andhra Pradesh. The state-wise and project-wise details of these key projects indicating the project-wise status, timeline, loans sanctioned and disbursed are furnished at Annexure-II.
Annexure-I
State-wise details of projects approved under Fisheries and Aquaculture Infrastructure Development Fund (FIDF)
(Rs in crores)
Sl No
Name of State
No. of projects approved
Total Project Cost
Amount eligible for interest subvention
1
Andhra Pradesh
10
1396.82
653.05
2
Arunachal Pradesh
1
0.68
0.54
3
Assam
1
0.41
0.18
5
Goa
1
6.42
5.00
6
Gujarat
5
1354.92
750.00
7
Haryana
1
1.17
0.64
8
Himachal Pradesh
1
5.17
5.00
9
Jammu and Kashmir
2
120.70
93.17
10
Karnataka
2
1.44
0.79
11
Kerala
3
162.82
151.20
12
Maharashtra
17
1069.17
799.12
13
Manipur
4
1.15
0.90
14
Mizoram
1
8.57
6.85
15
Odisha
4
60.18
33.83
16
Puducherry
1
2.46
1.97
17
Tamil Nadu
67
1577.70
1338.30
18
Telangana
1
4.70
2.31
19
Uttar Pradesh
2
75.22
60.09
20
West Bengal
17
65.85
44.60
Total
141
5915.54
3947.54
Annexure-II
Status of fisheries infrastructure projects approved under Fisheries and Aquaculture Infrastructure Development Fund (FIDF)
Fishing Harbours
Sl No.
State
Name of the Project With Districts
Financial Year
Amount eligible for interest subvention
Loan Sanctioned
Loan Disbursed
Status
Physical Status
Financial Status
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(x)
1
Andhra Pradesh
Fishing Harbour at Uppada in East Godavari
2019-2020
150.00
150.00
Nil
Project Ongoing
63.14%
40.87%
2
Andhra Pradesh
Fishing Harbour at Machilipattinam in Krishna District
2019-2020
150.00
150.00
Nil
Project Ongoing
58.35%
59.95%
3
Andhra Pradesh
Fishing Harbour at Nizampattinam in Guntur District
2019-2020
150.00
150.00
Nil
Project Ongoing
61.10%
38.26%
4
Andhra Pradesh
Fishing Harbour at Vodarevu in Prakasham District
2019-2020
150.00
Nil
Nil
Project Yet to Start
NR
NR
5
Gujarat
Fishing Harbour at Porbandar-Phase: 2
2019-2020
150.00
Nil
Nil
To take up
NR
NR
6
Gujarat
Fishing Harbour at Navabandar
2019-2020
150.00
150.00
41.44
Project Ongoing
95%
90.00%
7
Gujarat
Fishing Harbour at Madhwad in Junagad District
2019-2020
150.00
150.00
4.02
Project Ongoing
14.19%
10.27%
8
Gujarat
Establishment of Fishing Harbour at Veraval – Phase: 2 in Gir Somnath District
2019-2020
150.00
150.00
1.66
Project Ongoing
47.59%
42.46%
9
Gujarat
Establishment of Fishing Harbour at Sutrapada
2019-2020
150.00
150.00
1.48
Project Ongoing
33.61%
19.82%
10
Kerala
Development of Arthunkal Fishing Harbour
2020-2021
150.00
150.00
0.50
Project Ongoing
NR
NR
11
Tamil Nadu
Fishing Harbour at Tharangampadi in Nagapattinam District
2018-2019
120.00
108.00
107.94
Project Completed
100%
100%
12
Tamil Nadu
Fishing Harbour at ThiruvottriyurKuppam in Tiruvallur District
2018-2019
150.00
150.00
135.655
Project Completed
100%
60%
13
Tamil Nadu
Fishing Harbour at Mudhunagar in Cuddalore
2018-2019
100.00
90.00
83.6281
Project Completed
100%
82%
14
Tamil Nadu
Fishing Harbour at Vellapallam in Nagapattinam
2018-2019
100.00
100.00
42.6123
Project Ongoing
79%
76%
15
Tamil Nadu
Fishing Harbour at Azhagankuppam in Villupuram District
2019-2020
150.00
150.00
Nil
Project Ongoing
2%
1%
16
Tamil Nadu
Fishing Harbour at Arcottuthurai in NagapattinamDisrtict
2019-2020
150.00
150.00
116.98
Project Ongoing
91%
89%
17
Tamil Nadu
Export Infrastructures in Mookaiyur Fishing Harbour in Ramanathapuram District
2020-2021
20.00
20.00
11.90
Project Completed
100%
90%
18
Tamil Nadu
Additional berthing facilities in Fishing Harbour at Thoothukudi
2020-2021
25.00
25.00
Nil
Project Completed
100%
100%
19
Tamil Nadu
Additional arrangements and Dredging the Fishing Harbour in Nagapattinam
2020-2021
6.00
6.00
5.79
Project Completed
100%
89%
20
Tamil Nadu
Extension of Fishing harbour in Kanyakumari
2020-2021
150.00
150.00
30.00
Project Ongoing
66%
54%
21
West Bengal
Infrastructural development at Deshpran Fishing HarbourPetuaghat.
2019-2020
3.25
0.00
Nil
Project Dropped
NR
NR
22
Maharashtra
Post Harvesting Facilities in Fisheries Habour at Ratnagiri
2022-2023
146.90
146.90
Nil
project ongoing
5%
0%
23
Maharashtra
Infrastructural Facilities in Fisheries Harbour at Raigad.
2022-2023
150.00
150.00
Nil
project ongoing
45%
32%
24
Maharashtra
Infrastructure Facilities Fisheries Habour at Dapoli, Ratnagiri District
2022-2023
150.00
150.00
Nil
project ongoing
10%
7%
25
Maharashtra
Fisheries Harbour at Shrivardhan, Raigad
2022-2023
119.64
119.64
Nil
Project Yet to Start
NR
NR
26
Tamil Nadu
Modernisation of Fishing Harbour in Nagapattinam
2022-2023
81.00
81.00
Nil
Project Ongoing
79%
76%
27
Tamil Nadu
Additional Infrastructure facilities in Fishing Harbour at Thoothukudi
2022-2023
10.00
10.00
Nil
Project Ongoing
94%
84%
28
Maharashtra
Fisheries Harbour at Satpati, Palghar
2022-2023
150.00
150.00
Nil
Project Yet to Start
NR
NR
Fish Landing Centres
Sl
No.
State
Name of the Project With Districts
FY
Amount eligible for interest subvention
Loan Sanctioned
Loan Disbursed
Status
Physical Status
Financial Status
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(x)
1
Odisha
Fish Landing Centre at Khordha
2020-2021
9.29
Nil
Nil
Project Dropped
NR
NR
2
Odisha
Fish Landing Centre at Khordha
2020-2021
7.56
Nil
Nil
Project Dropped
NR
NR
3
Odisha
Fish Landing Center at Bhadruk
2020-2021
7.85
Nil
Nil
Project Dropped
NR
NR
4
Tamil Nadu
additional facilities to Fish Landing Centre at Portonovo-Annankovil in Cuddalore
2020-2021
10.00
10.00
3.85
Project Completed
100%
100%
5
Tamil Nadu
Fish Landing Centre at Keelamunthal in Ramanathapuram
2020-2021
10.00
10.00
8.50
Project Completed
100%
100%
6
Tamil Nadu
Additional Infrastructure facilities to Fish Landing Centre at Mudasalodai Village in Cuddalore
2020-2021
9.50
9.50
6.05
Project Completed
100%
100%
7
Tamil Nadu
Fish Landing Centre at Chandrapadi village in Nagapattinum
2020-2021
10.00
10.00
Nil
Project Completed
100%
100%
8
Tamil Nadu
Fish Landing Centre at Vanagiri Village in Nagapattinam
2020-2021
8.00
8.00
4.85
Project Completed
100%
100%
9
Tamil Nadu
Fish Landing Centre at Keezhathottam Village in Thanjavur
2020-2021
8.00
8.00
7.89
Project Completed
100%
94%
10
Tamil Nadu
T-Jetty at Tharuvaikulam in Thoothukudi
2020-2021
10.00
10.00
10.00
Project Completed
100%
94%
11
Tamil Nadu
Fish Landing Centre at Mandapam (North) in Ramanathapuram
2020-2021
10.00
10.00
9.98
Project Completed
100%
95%
12
Tamil Nadu
Fish Landing Centre at Mandapam (South) in Ramanathapuram
2020-2021
10.00
10.00
9.98
Project Completed
100%
95%
13
Tamil Nadu
Fish Landing Centre at Aruvikarai Village in Tirunelveli
2020-2021
10.00
10.00
Nil
Project Completed
100%
100%
14
Tamil Nadu
Fish Landing Centre at Kottaipattinam, Village in Pudukottai
2020-2021
3.05
3.05
2.36
Project Completed
100%
94%
15
Tamil Nadu
Fish Landing Centre at Vadakkamapattinam, Village at Pudukottai
2020-2021
1.55
1.55
1.25
Project Completed
100%
97%
16
Tamil Nadu
Fish Landing Centre at Puthukudi, Village at Pudukottai
2020-2021
1.40
1.40
1.20
Project Completed
100%
99%
17
Tamil Nadu
Fish Landing Centre at Sattankuppam at Thiruvallur
2022-2023
8.00
8.00
Nil
Project Ongoing
25%
13%
18
Tamil Nadu
Fish Landing Centre at Sunnambukulam at Thiruvallur
2022-2023
8.00
8.00
Nil
Project Ongoing
92%
38%
19
Tamil Nadu
fish landing centre at Tsunami Nagar and Akkaraigori village in Cuddalore
2022-2023
4.50
4.50
Nil
Project Completed
100%
100%
20
Tamil Nadu
fish landing centre at Sonankuppam village in Cuddalore
2022-2023
5.50
5.50
Nil
Project Completed
100%
96%
21
Tamil Nadu
Fish landing centre at Chithiraipettai and Nanjalingampettai villages in Cuddalore
2022-2023
7.50
7.50
Nil
Project Ongoing
91%
47%
22
Tamil Nadu
Fish Landing Centre at Pudhukuppam and Anichankuppam Villages in Villupuram
2022-2023
7.00
7.00
Nil
Project Ongoing
77%
21%
23
Tamil Nadu
Fish Landing Centre at Mudhaliyarkuppam and Chettynagar Villages in Villupuram
2022-2023
7.00
7.00
Nil
Project Ongoing
95%
39%
24
Tamil Nadu
Fish landing centre at Sothikuppam and Rasapettai village in Cuddalore District
2022-2023
8.50
8.50
Nil
Project Ongoing
77%
53%
182.20
157.50
65.90
Fisheries Training Centres
Sl No.
State
Name of the Project
FY
Amount eligible for interest subvention
Loan Sanctioned
Loan Disbursed
Status
Physical Status
Financial Status
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(x)
1
Himachal Pradesh
Establishment of State of art of Fisheries Training Centres, Gagret Dist. Una
2020-2021
5.00
5.00
0.54
Project Ongoing
25.25%
20.91%
2
Tamil Nadu
Construction of Integrated office building for Training Centre to the Fishermen at Trichy in Trichy
2020-2021
4.00
4.00
Nil
Project Completed
100%
94%
3
Tamil Nadu
Construction of Integrated Training Centre and Offices at Cuddalore
2020-2021
5.00
5.00
3.92
Project Completed
100%
98%
4
Tamil Nadu
Construction of Training Centre at Radhapuram in Tirunelveli District.
2020-2021
1.60
1.60
1.56
Project Completed
100%
95%
5
Tamil Nadu
Establishment of Training Centre
2022-2023
5.00
5.00
Nil
Project Completed
100%
NR
6
Tamil Nadu
Establishment of Training Centre at Mettur Dam in Salem District.
2022-2023
3.00
3.00
0.03
Project Ongoing
NR
NR
7
West Bengal
Capacity Expansion and modernisation of Govt. Freshwater Fisheries Research & Training Center, Kulia, Kalyani, Nadia
2024-2025
5.00
Nil
Nil
Project Yet to Start
NR
NR
Processing Plants
Sl No.
State
Name of the Project
FY
Amount eligible for interest subvention
Loan Sanctioned
Loan Disbursed
Status
Physical Status
Financial Status
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(x)
1
Andhra Pradesh
Expansion of Processing Plant, M/s Ananda Foods, Ramayanapuram village, Bhimavaram, West Godavari District
2020-2021
8.82
8.82
8.82
Project Completed
100%
100%
2
Karnataka
Establishing Fish Processing Unit at Bangalore, by M/s Sashimi Foods Pvt.Ltd.,
2020-2021
0.68
Nil
Nil
Project Yet to Start
NR
NR
3
Odisha
EXPANSION OF SHRIMP PROCESSING UNIT OF “HIGHLAND AGRO”
2022-2023
9.13
25.00
25.00
Project Completed
100%
100%
4
Andhra Pradesh
Proposal of M/s Agro products, Andhra pradesh for setting up of a state-of-the -art shrimp processing unit in Nellore,Andhra Pradesh
2024-2025
37.39
Nil
Nil
Project Yet to Start
NR
NR
5
Maharashtra
A greenfield fish &Shrimp processing project proposed by M/s Pushpai Marine Exports Private Limited
2024-2025
22.51
Nil
Nil
Project Yet to Start
NR
NR
6
Maharashtra
Fish Processing Unit
2024-2025
5.07
Nil
Nil
Project Yet to Start
NR
NR
This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 25th March, 2025.
The DBIM framework strengthens the government’s vision of ‘Minimum Government, Maximum Governance: Jayant Chaudhary MSDE Launches DBIM-Compliant Website
Posted On: 25 MAR 2025 5:29PM by PIB Delhi
In a significant step toward strengthening India’s digital governance ecosystem, the Ministry of Skill Development and Entrepreneurship (MSDE) today launched its DBIM-compliant website, developed in alignment with the Digital Brand Identity Manual (DBIM) Version 3.0 introduced by the Ministry of Electronics and Information Technology (MeitY).
Launching the revamped website, Sh. Jayant Chaudhary the Minister of State (Independent Charge), MSDE, said: “The DBIM framework strengthens the government’s vision of ‘Minimum Government, Maximum Governance’ by creating a unified and citizen-centric digital ecosystem. As India’s digital economy expands, a standardized and seamless service delivery model is crucial. Our Ministry’s website, aligned with DBIM 3.0, ensures that skilling opportunities are more accessible, inclusive, and efficient for every citizen.” Sh. Chaudhary congratulated the MSDE IT team and NIC for their efforts in making this possible. Further he encouraged all stakeholders to explore the website and leverage its enhanced features for seamless access to skilling initiatives and resources.
The newly launched website enhances accessibility, uniformity, and ease of navigation for users, featuring AI-powered search, multi-language support through Bhashini, persona-led navigation, and centralized content management. With its three-click approach, it ensures citizens can seamlessly access essential services and skilling resources.
The MSDE website serves as a one-stop digital hub showcasing all flagship schemes and initiatives of the Ministry, including Skill India Mission, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), National Apprenticeship Promotion Scheme (NAPS), and more. Each initiative is seamlessly linked to its respective dashboard, portals, and resources, ensuring real-time access to data, performance metrics, and impact stories. The website’s integrated design enhances transparency and enables stakeholders, industries, and citizens to easily explore skilling opportunities, track progress, and engage with government programs more efficiently.
The DBIM framework, introduced by MeitY, ensures a consistent digital presence across all government ministries and platforms, fostering a seamless, integrated, and transparent governance approach. MSDE is among the first five ministries to transition to this new system, reflecting its commitment to leveraging technology for efficient public service delivery.
The Minister further urged all MSDE-operated portals to adopt DBIM standards soon, ensuring standardized governance across all digital platforms under the Skill India Mission.
For more details, visit the new MSDE website: www.msde.gov.in
Government has Launched Multiple Digital Initiatives for Transparency and Efficiency, Reducing compliance burden in corporate filings MCA21 V3 gives Enhanced Security with Web-Based Forms and Multifactor Authentication
MCA Portal Mobile App provides stakeholders with easy access to various services available on MCA21 website
Posted On: 25 MAR 2025 5:50PM by PIB Delhi
To prevent fraudulent filings, web-based online forms have been introduced in MCA21 V3, incorporating field-level validations and auto-prefill functionalities across forms. Furthermore, multifactor authentication has been implemented to verify the identity of users accessing the system. Additionally, measures such as masking private information from public view have been adopted to ensure the confidentiality and integrity of the data.
The Ministry has introduced several digital initiatives to enhance transparency, efficiency, quickness in service delivery for reducing compliance burden and enhancing user experience, a few are listed below:
The Centre for Processing Accelerated Corporate Exit (CPACE) for centralized processing of voluntary closure of Companies/LLPs.
The Centralized Processing Centre (CPC) streamlines the verification process for various Non-STP forms by consolidating operations at a single location, replacing multiple RoC locations.
The MCA Portal Mobile App offers stakeholders seamless access to various services available on the MCA21 website.
The Chatbot serves as a unified communication channel, allowing stakeholders to interact via chat or call for query resolution.
The E-Adjudication system provides an end-to-end online platform for the processing of adjudication cases, ensuring efficiency and transparency.
Stakeholders can also raise tickets on the MCA21 portal to provide feedback and report grievances if any, regarding challenges faced.
The total number of corporate filings, processed through MCA21, have steadily increased from 67,02,788 in 2020-21 to 80,77,210 in 2023-24, reaching 84,30,731 by February 2025.
This information was given by Minister of State in the Ministry of Corporate Affairs; and Minister of State in the Ministry of Road Transport and Highways, Shri Harsh Malhotra in Rajya Sabha today
Revolutionizing Mobility The Make in India Auto Story
Posted On: 25 MAR 2025 5:39PM by PIB Delhi
Key Takeaways
Make in Indiahas boosted domestic car production and EV manufacturing.
The automobile sector contributes approximately 6%to India’s national GDP
Vehicle productiongrew from 2 million (1991-92) to 28 million (2023-24).
Automobile exportsreached 4.5 million units in FY 2023-24.
US $36 billion FDIattracted in the past four years.
4.4 million EVs registered, with 6.6% market penetration.
PLI & PM E-DRIVE schemessupporting EV and battery manufacturing.
GST on EVs reducedfrom 12% to 5%.
India’s auto component sectorcontributes 2.3% to GDP and employs 1.5 million people directly.
The sector grew at a CAGR of 8.63% from FY16-FY24.
Exportsreached US$ 21.2 billion in FY24 and are projected to hit US$ 30 billion by 2026.
The government is actively promoting electric mobility and advanced automotive technologies.
Introduction
Launched in 2014, the Make in India initiative has significantly transformed India’s automobile industry, fostering domestic car production and accelerating electric vehicle (EV) manufacturing. Over the past decade, policy reforms, fiscal incentives, and infrastructure development have positioned India as a key global automotive hub. The sector has attracted substantial investments, spurred innovation, and increased localization, contributing to economic growth and sustainability.
The Indian auto industry is one of the fastest-growing sectors. It embarked on a new journey in 1991 with the de-licensing of the sector and subsequent opening up for 100 percent FDI through the ‘automatic route’. Since then, almost all the global majors have set up their manufacturing facilities in India, taking the level of production of vehicles from 2 million in 1991-92 to around 28 million in 2023-24.
The turnover of the Indian automotive industry is about USD 240 billion (20 Lakh Crore), which translates into a large contribution to the country’s economy and manufacturing sector. As per the Annual Report 2024-25 of the Ministry of Heavy Industries, around 30 million jobs (Direct: 4.2 million and Indirect: 26.5 million) are supported by the Indian Auto Industry. Indian Automotive Industry exported vehicles and auto components amounting to about USD 35 billion. In terms of global standing, India is the largest manufacturer of three-wheelers, among the top 2 manufacturers of two-wheelers in the world, the top 4 manufacturers of passenger vehicles, and the top 5 manufacturers of commercial vehicles in the world.
Auto Components Industry in India
The auto component sector is one of the key pillars of India’s manufacturing industry, supplying critical parts and systems to domestic vehicle manufacturers and exporting to major global markets. The industry covers a broad spectrum of products, including engine parts, transmission systems, braking systems, electrical and electronics components, body and chassis parts, and more. India has become a preferred destination for auto component manufacturing due to its cost competitiveness, skilled workforce, and strong policy support. The auto component sector is expected to reach the $100 billion export target by 2030 making the sector one of the largest job creators in the country.
Overview of the Auto Components Industry
Contribution to GDP
2.3%
Direct Employment
1.5 million people
Industry Turnover (FY24)
Rs. 6.14 lakh crore (US$ 74.1 billion)
Domestic OEM Supply Share
54%
Export Share
18%
CAGR (FY16-FY24)
8.63%
Export Value (FY24)
US$ 21.2 billion
Projected Exports (2026)
US$ 30 billion
India’s auto component sector contributes 2.3% to India’s GDP, directly employing over 1.5 million people. The sector’s turnover in FY24 was Rs. 6.14 lakh crore (US$ 74.1 billion), with domestic OEM supplies making up 54%, and exports contributing 18%. Over FY16-FY24, the industry grew at a CAGR of 8.63%. In FY24, exports reached US$ 21.2 billion, with a trade surplus of US$ 300 million, and are projected to hit US$ 30 billion by 2026.
The Indian auto components industryexportsover 25% of its production annually. By FY28, the Indian auto industry aims to invest US$ 7 billion to boost the localisation of advanced components like electric motors and automatic transmissions by reducing imports and leveraging the “China Plus One” trend. In 2023, the auto component industry achieved a 5.8% reduction in imports over two years. The majority of the components sold to Original Equipment Manufacturers (OEMs) are engine components (26%), body/chassis/BIW (14%), suspension and braking (15%), drive transmission and steering (13%), and electricals & electronics (11%). Major exports are to Europe (US$ 6.89 billion), followed by North America (US$ 6.19 billion) and Asia (US$ 5.15 billion).
Growth in Domestic Automobile Production
The automobile sector contributes approximately 6%to India’s national GDP, with exports reaching 4.5 million units across all categories in FY 2023-24, including 6.72 million passenger vehicles and 3.45 million 2-wheelers. Global automotive companies like Skoda Auto Volkswagen India exporting 30% of their production and Maruti Suzuki exporting around 2.8 lakh units annually, exemplify this trend.
The sector has attracted$36 billioninForeign Direct Investment (FDI)over the past four years, highlighting India’sgrowing prominencein theglobal automotive landscape. Major international players are making substantial commitments, withHyundaiplanning aUSD 4 billion(INR 33,200 Crore) expansion, whileMercedes-Benzhas pledgedUSD 360 million(INR 3,000 Crore). Recently,Toyotaannounced aUSD 2.3 billion(INR 20,000 Crore) investment to further increase its capacity.
Electric Vehicle (EV) Manufacturing Boom
The country is also advancing in sustainable mobility, with 4.4 million Electric Vehicles (EV) registered by August 2024, including 9.5 lakh in the first eight months of 2024, achieving a 6.6% market penetration. To support this growth, the government has implemented initiatives such as the Production Linked Incentive (PLI)Scheme for Advanced Chemistry Cell (ACC) battery storage. In the 2024-25 Budget, the government allocated INR 2,671.33 crore under the FAMEscheme and proposed the exemption of customs duties from the import of critical minerals required for EV cell components manufacturing.
Additionally, in March 2024, the Electric Mobility Promotion Scheme (EMPS) was launched with an INR 500 Crore outlay for four months, specifically targeting support for the two and three-wheeler segments to expedite the transition to electric vehicles. These initiatives align with the recent discovery of lithium deposits in Jammu & Kashmir, positioning India to become a key player in the global battery manufacturing industry in the coming years. The Indian EV sector is likewise developing quickly and is predicted to record a growth of USD 113.99 billion in 2029.
As per the inputs provided by Society of Indian Automobile Manufacturers (SIAM), the total annual production of Electric Vehicles (EVs) in India during the last five years, year-wise is as given below:
The Ministry of Heavy Industries has formulated the following schemes to promote electric vehicles (EVs) and to address the various challenges faced in adoption of electric mobility including availability and accessibility of charging stations in the country:
Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme Phase-II: The Government implemented this scheme for a period of five years from 1 April2019 with a total budgetary support of INR 11,500 Crore. The scheme incentivised e-2Ws, e-3Ws, e-4Ws, e-buses and EV public charging stations. The Department of Heavy Industries has also sanctioned 2636 charging stations in 62 cities across 24 States/UTs under phase II. State-wise allocation of these charging stations is as follows:
Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India (PLI-Auto): The Government notified this scheme on 23 September 2021 for Automobile and Auto Component Industry in India for enhancing India’s manufacturing capabilities for Advanced Automotive Technology (AAT) products with a budgetary outlay of INR 25,938 Crore. The scheme proposes financial incentives to boost domestic manufacturing of AAT products with minimum 50% Domestic Value Addition (DVA) and attract investments in the automotive manufacturing value chain.
Feature
Details
Budgetary Outlay
Rs. 25,938 crore
Target Years
FY 2022-23 to FY 2026-27
Domestic Value Addition
Minimum 50%
Focus
Advanced Automotive Technology (AAT) products
Targeted Technologies
Electric Vehicles (EVs) and Hydrogen Fuel-Cell Components
Incentives for EVs and Hydrogen Fuel-Cell Components
13% – 18%
Incentives for AAT components
8% – 13%
Investment Attraction
Global OEMs
Eligibility
Both domestic and export sales
PLI Scheme for Advanced Chemistry Cell (ACC): The Government on 12 May 2021 approved PLI Scheme for manufacturing of ACC in the country with a budgetary outlay of INR 18,100 Crore. The scheme aims to establish a competitive domestic manufacturing ecosystem for 50 GWh of ACC batteries.
PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)Scheme: This scheme with an outlay of INR 10,900 Crore was notified on 29 September 2024. It is a two-year scheme which aims to support electric vehicles including e-2W, e-3W, e-Trucks, e-buses, e-Ambulances, EV public charging stations and upgradation of vehicle testing agencies.
PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme: This Scheme notified on 28 October 2024, has an outlay of INR 3,435.33 Crore and aims to support deployment of more than 38,000 electric buses. The objective of scheme is to provide payment security to e-bus operators in case of default by Public Transport Authorities (PTAs).
Scheme for Promotion of Manufacturing of Electric Passenger Cars in India(SMEC) was notified on 15 March 2024 to promote the manufacturing of electric cars in India. This requires applicants to invest a minimum of INR 4,150 crore and to achieve a minimum DVA of 25% at the end of the third year and DVA of 50% at the end of the fifth year.
Measures taken by other Ministries include the following initiatives:
Ministry of Power has issued guidelines and standards for EV Charging Infrastructure titled, “Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024” on 17 September 2024. These revised guidelines outline standards and protocols to create a connected & interoperable EV charging infrastructure network in the country.
Ministry of Finance has reduced GST on EVs from 12% to 5%.
Ministry of Road Transport & Highways (MoRTH) announced that the battery-operated vehicles will be given green plates and be exempted from permit requirements.
Ministry of Housing and Urban Affairs has amended the Model Building Bye-Laws, mandating the inclusion of charging stations in private and commercial buildings.
Conclusion
The Make in India initiative has driven unprecedented growth in India’s automobile sector and Indi’s auto component sector, significantly boosting domestic car production and EV manufacturing. Through sustained policy support, investment influx, and technological advancements, India is on track to becoming a global leader in automotive and electric mobility and achieving greater self-reliance in the automotive sector.
Government is reviewing the financial performance of Regional Rural Banks (RRBs) at national and regional levels. The agenda items for the review meetings, inter-alia, include:
Review of the performance of RRBs on Financial Parameters and technology upgradation.
Thrust on Micro Small and Medium Enterprise (MSME) portfolio.
Importance on loan diversification towards Agri-allied, MSME and Retail Sectors.
Financial health of RRBs has improved in the recent years as they have posted highest ever consolidated net profit of ₹ 7,571 crore during FY 2023-24. Also, the RRBs have shown consistent improvement in key financial parameters like CRAR, deposits, advances, NPA, CD ratio etc. The Key Financial Parameters of RRBs have improved consistently in past years. The Total Balance sheet Size of RRBs have increased from Rs. 7,04,556 Crore in FY 2021- 22 to Rs. 8,40,080 Crore in FY 2023-24. Further the Net NPA has declined from 4.7% in FY 2021- 22 to 2.4% in FY 2023-24. Also the Credit to Deposit Ratio has increased from 64.5% to 71.4% from FY 2021-22 to FY 2023-24.
Government has also reviewed the progress made by RRBs in deepening financial inclusion in rural and remote areas by reviewing performance on various financial inclusion schemes like Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Atal Pension Yojana etc.
This information was given by Minister of State in the Ministry of Finance Shri Pankaj Chaudhary written reply to a question in Rajya Sabha today.
Ministry of Fisheries, Animal Husbandry & Dairying
Aquaculture and Marine Export
Posted On: 25 MAR 2025 5:42PM by PIB Delhi
The Government of India, Ministry of Commerce and Industry has established the Marine Products Export Development Authority (MPEDA) as a dedicated agency to facilitate export of seafood. MPEDA, through its field offices in maritime States and registered societies like NaCSA (National Centre for Sustainable Aquaculture), NETFISH (Network for Fish Quality Management & Sustainable Fishing) and RGCA (Rajiv Gandhi Centre for Aquaculture) is taking various activities to promote sustainable aquaculture and marine exports. In aquaculture, MPEDA focused on capacity building for better management practices, antibiotic reduction through initiatives like “SHAPHARI” certification and ELISA labs, and disease control through Aqua One Centres and mobile labs. MPEDA also supported sustainable shrimp farming through NaCSA and operated seven technology transfer projects via RGCA. In the marine sector, MPEDA, primarily through NETFISH, conducted workshops and trials for Turtle Excluder Device (TED) implementation, supported marine mammal stock assessments for US Marine Mammal Protection Act (MMPA) compliance, promoted eco-friendly fishing gear like square mesh cod ends, and organized numerous coastal clean-up drives and plastic collection projects and hands-on training programs and meets. The details of these projects and their outcomes, project-wise is furnished as Annexure-I and II.
MPEDA has implemented several measures to promote environmentally sustainable shrimp farming by encouraging eco-friendly practices, responsible resource management, and disease prevention strategies. MPEDA also ensure quality and traceability through farm/hatchery enrollment and SHAPHARI certification programs, which include geographical mapping and unique identification numbers. MPEDA supports infrastructure development by providing financial assistance for nursery-rearing units and shrimp handling centers, all aimed at enhancing sustainable practices and ensuring high-quality, safe shrimp production for export. Additionally, through various training programs, MPEDA promote sustainable shrimp farming. With regard to seaweed cultivation, MPEDA-RGCA signed MoU with Department of Fisheries and Fisheries Welfare, Government of Tamil Nadu for supplying the quality germplasm of seaweeds and technical consultant for establishment of Multipurpose Seaweed Aqua Park under Pradhan Mantri Matsya Sampda Yojana (PMMSY) assistance.
Annexure-I
Aquaculture and Marine Export.
Sl.No.
Name of the project
Name of the produce/ services
No. of Beneficiaries
Quantity supplied
1
Asian Seabass Hatchery, Thoduvai, Tamil Nadu
Seabass fingerlings (nos.)
4300
49.8 million
2
Mud crab Hatchery,
Thoduvai, Tamil Nadu
Crab instar (nos.)
919
11.27 million
3
GIFT Tilapia Hatchery
Vijayawada, Andra Pradesh
GIFT seed (nos.)
581
50.48 million
GIFT brood-fry (nos.)
50
84,295
4
Marine Finfish Hatchery,
Pozhiyoor, Kerala
Cobia fingerlings (nos.)
95
1,25,091
Pompano (nos)
115
5,02,250
5
Aquatic Quarantine Facilities for
L. vannamei, Chennai, Tamil Nadu
L. vannamei Broodstocks (nos.) quarantined
4,175
25,26,607
P. monodon broodstocks (nos.) quarantined
28,128
P. monodon PPLs (nos.) quarantined
1,84,077
L. vannamei PPLs (nos.)
9,19,431
6
Artemia Demo Farm at
Tharuvaikulam&Uppoor, Tamil Nadu
Artemia biomass (kg)
725
9400
Artemia cyst (tins)
4,673
7
Multispecies Aquaculture Complex (MAC)
Vallarpadam, Kerala
GIFT Seed (nos.)
8,704
15.68 million
Seabass fingerlings (nos.)
1,484
14,12,018
Etroplus suratensis seed (nos.)
690
12,12,425
P. monodon seed (nos.)
185
89,69,455
Contribution from RGCA Central Laboratories
S.No
Laboratory
Testing (by samples)
Samples
(Nos)
No. of Beneficiaries
1
Mobile Aquaculture Disease Diagnosis Laboratory
Molecular diseases diagnosis (PCR)
4,570
1,094
Microbiology & water parameters
2
Central Aquaculture Pathology Laboratory
Molecular diseases diagnosis (PCR), Microbiology & water parameters,Histology
Disease surveillance / NSPAAD,
Seed health, PCR-based species identification,Sequencing-based species identification
30,635
4,532
3
Central Aquaculture Genetics Laboratory
24,897
555
Annexure-II
Aquaculture and Marine Export.
Sl.No.
Hands on Training Program/ Meets
No. of Trainings/ Events
No. of Beneficiaries
1
Best Management Practices of nursery, grow-out and cage culture in earthen ponds for Asian Seabass
95
1,814
2
Best Management Practices of nursery, grow-out and Softshell culture of Mangrove Mud crab
106
1,909
3
Breeding, Seed Production and Grow – out farming of Genetically Improved Farmed Tilapia (GIFT)
79
1,165
4
Artificial Insemination Technique used for SPF Black Tiger Shrimp, Penaeus monodon with special reference to Broodstock Management, Maturation and Seed Production
4
22
5
Hatchery Production of Marine Finfish
2
3
6
Artemia Production & Processing of Cyst and Biomass
8
265
7
PCR and its Application in Aquaculture Pathology
44
945
8
PCR and its Application in Aquaculture Genetics Research
37
773
9
RAS ( Re-circulatory Aquaculture System)
1
23
10
Training at MAC, Vallarpadam
13
203
11
Farmers Meet/ Program for SC/ST beneficiaries:
on Diversified Aquaculture/
558
17563
This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 25th March, 2025.
Union Home Minister and Minister of Cooperation, Shri Amit Shah says separatism has become history in Kashmir A big victory for Prime Minister Shri Narendra Modi Ji’s vision of building a developed, peaceful and unified Bharat
The unifying policies of the Modi government have tossed separatism out of J&K
Two organizations associated with the Hurriyat announced the severing of all ties with separatism
Posted On: 25 MAR 2025 5:43PM by PIB Delhi
Union Home Minister and Minister of Cooperation, Shri Amit Shah has said that separatism has become history in Kashmir.
In his post on X platform Home Minister said, the unifying policies of the Modi government have tossed separatism out of J&K. Two organizations associated with the Hurriyat have announced the severing of all ties with separatism.
Shri Amit Shah said that he welcomes this step towards strengthening Bharat’s unity and urge all such groups to come forward and shed separatism once and for all. Union Home Minister and Minister of Cooperation said that it is a big victory for Prime Minister Shri Narendra Modi Ji’s vision of building a developed, peaceful and unified Bharat.
Separatism has become history in Kashmir.
The unifying policies of the Modi government have tossed separatism out of J&K. Two organizations associated with the Hurriyat have announced the severing of all ties with separatism.
I welcome this step towards strengthening Bharat’s…
The uniform ban on fishing for 61 days is implemented annually by the Department of Fisheries, Government of India in the Exclusive Economic Zone (EEZ) of India beyond territorial waters on both the coasts for 61 days (i.e., 15th April to 14th June in the East Coast, and 1st June to 31st July in the West Coast) based on the recommendations of the Technical Committee and in consultation with the coastal States/Union Territories (UTs). The traditional non-motorized units are exempted from this uniform fishing ban imposed in the Indian EEZ beyond territorial waters. Similarly, the coastal States/UTs are also implementing the fishing ban within their territorial waters in line with the uniform ban implemented in the EEZ. Under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) implemented by the Department of Fisheries, Government of India, the livelihood and nutritional support for socio-economically backward active traditional fishers is provided during the fishing ban/lean period. Livelihood and nutritional support for 5,97,709 fisher families has been provided annually during fishing ban/lean period, at a total investment of Rs.1059.94 crores during 2020-21 to 2023-24.
As informed by the Department of Commerce, Ministry of Commerce and Industry, Govt. of India, there has been an import of fish and fish products worth 722.01 million USD to India in the last 3 years (FY 2021-22 to FY 2023-24), including import in the state of Tamil Nadu. As informed by the Marine Products Export Development Authority (MPEDA) under the Department of Commerce, Ministry of Commerce and Industry, there has been an export of fish and fish products worth 23,235.78 million USD from India in the last 3 years (FY 2021-22 to FY 2023-24), including fish and fish products worth 2,607.99 million USD from the state of Tamil Nadu.
In order to promote the export of marine products, the Department of Fisheries, Government of India has taken several steps, these inter-alia include support through PMMSY for branding, standards and certification, training and capacity building, creation of post-harvest infrastructure with emphasis on seamless cold-chain and development of modern fishing harbours and fish landing centers, etc. In addition, to address the critical infrastructure requirements of fisheries and aquaculture sectors, the Department of Fisheries, GoI during 2018-19 has created the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total fund size of Rs 7522.48 crore to provide concessional finance to states/UT and private sector. In this regard the supported activities included development of 27,823 ice plant /cold storages and transportation facilities with an investment of ₹1362 Cr, acquisition of 1398 Deep Sea Fishing Vessels (₹ 1310 Cr) and up-gradation of 1338 fishing vessels (₹ 193.64 Cr). Further, Department of Fisheries has also approved the projects for export oriented fish species such as Scampi, Mud crab, Asian Seabass, Cobia etc. and supported the state-of-the-art aquaculture production technologies like RAS and Biofloc. In addition, Department of Fisheries, GoI has notified Tuna Cluster in the Union Territory of Andaman & Nicobar Islands, Seaweed Cluster in the Lakshadweep and has issued the Guidelines for promoting diversified species and Nucleus Breeding Centre (NBCs)/Broodstock Multiplication Centre (BMCs) under the Coastal Aquaculture Authority Act, 2005 (amended in 2023). Apart from this, to ensure the sustainability and uninterrupted supply of Indian seafood material to the US Market, the Department is supporting a Marine Mammal Stock Assessment Project at the cost of around ₹ 13.29 Cr. In order to meet the requirements of the export markets for wild-caught shrimp, the Department of Fisheries is facilitating the installation of Turtle Excluder Devices (TEDs) in shrimp trawlers by including TEDs as a separate line item under the PMMSY scheme, and has advised the maritime states/UTs to mandate TED usage in trawl nets through amendments in their respective Marine Fisheries Regulation Acts. To strengthen India’s seafood sector globally, the Government is facilitating ease of business by amending Coastal Aquaculture Authority Act (Amendment) 2023. In addition, the Department is conducting Investors meets, Stakeholders consultation and also advising the States/UTs to encourage the farmers to attend the technical and demonstration workshops/training programs related to seed and feed, technology infusion, ornamental fisheries, hatchery technologies etc. on periodic basis in order to increase in productivity and quality of fishery produce.
This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 25th March, 2025.
The Telecom Regulatory Authority of India (TRAI) has today issued its response to the back-reference received from Department of Telecommunications (DoT) in respect of TRAI’s recommendations dated 24.04.2024 on‘Telecommunication Infrastructure Sharing, Spectrum Sharing, and Spectrum Leasing’.
Earlier, DoT, through a reference dated 07.12.2021 under Section 11 (1) (a) of the TRAl Act, 1997, requested TRAI to provide recommendations on allowing sharing of core network elements such as MSC, HLR, IN etc., among telecom operators. Subsequently, DoT, through a reference dated 10.02.2022, mentioning its earlier reference dated 07.12.2021, informed that “to promote optimum resource utilization among the licensees, it is proposed to allow sharing of all kinds of telecom infrastructure and network elements among all categories of service providers licensed under the Section 4 of Indian Telegraph Act, 1885 for provision of authorized telecom services”, and requested TRAI to provide recommendations on the subject.
Considering the request of stakeholders to permit inter-band spectrum sharing and leasing of spectrum in the country, the Authority decided to take up the issues related to spectrum sharing and spectrum leasing along with the issues related to infrastructure sharing in the stakeholders’ consultation.
After a comprehensive consultation with stakeholders, TRAI sent its recommendations on ‘Telecommunication Infrastructure Sharing, Spectrum Sharing, and Spectrum Leasing’ to DoT on 24.04.2024.
Subsequently, DoT, through a back-reference dated 13.02.2025, informed TRAI that as per Section 11(1) of the TRAI Act 1997 (as amended), such recommendations on ‘Telecommunication Infrastructure Sharing, Spectrum Sharing, and Spectrum Leasing’ dated 24.04.2024, where the Government has reached aprima-facieconclusion that these recommendations may not be accepted or may need modification are being referred back to TRAI for its reconsideration.
In this regard, after a careful examination, TRAI has sent its response to the back-reference to DoT. TRAI’s response to the back-reference has also been placed on the TRAI’s website (www.trai.gov.in).
For any clarification or information, Shri Akhilesh Kumar Trivedi, Advisor (Networks, Spectrum and Licensing), TRAI may be contacted at Telephone Number +91-11-20907758.