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India to offer production-linked incentives to boost domestic manufacturing

Kumar didn't specify which sectors might be made eligible for the incentives
Last Updated : 30 October 2020, 09:43 IST
Last Updated : 30 October 2020, 09:43 IST

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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 didn't 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.

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Published 30 October 2020, 09:34 IST

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