Tag: PLI

ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation

ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...

MeitY Proposes Continuous Labelling for AI‑Generated Content

The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
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Appliances Industry Seeks Second PLI Round

The appliances and consumer electronics (ACE) industry has called on the government to introduce a second round of the Production-Linked Incentive (PLI) scheme, targeting...

Obesity and Diabetes Treatment: India’s PLI Scheme on the Horizon

The fight against obesity and diabetes in India is set to receive a significant boost with the potential introduction of a production-linked incentive (PLI)...