India is preparing to nearly triple incentives for rare-earth magnet manufacturing to over INR70 billion (US$788 million) as part of efforts to reduce reliance on China. The move comes just days after ...

The policy provides capital-linked incentives, tax and fee exemptions, and component manufacturing support to promote Maharashtra as a major EV manufacturing hub. Kinetic Engineering on Tuesday said ...

The government is considering a new drone manufacturing incentive under Budget 2026 to strengthen domestic production The scheme is likely to combine capital subsidies with output-based support over a ...

The framework is also expected to expand to the services sector in Q2 2026. Malaysia will roll out its New Incentive Framework (NIF) from 1 March 2026, starting with the manufacturing sector before ...