India is set to launch a new scheme offering up to $5 billion in incentives to companies that manufacture key electronic components locally. This initiative, aimed at reducing the country's reliance on China for electronics supplies, comes as India’s electronics production has more than doubled over the past six years, reaching an impressive $115 billion in 2024. The scheme is expected to be unveiled in the next two to three months.

Air India has announced its plan to establish a Basic Maintenance Training Organisation (BMTO) in Bengaluru to address the growing demand for skilled aircraft maintenance engineers as the airline expands its fleet. The BMTO will offer a 2+2-year Aircraft Maintenance Engineering (AME) programme, certified by the Directorate General of Civil Aviation (DGCA).

In a significant development for the Indian stock market, online food delivery giant Zomato will be included in the prestigious BSE Sensex, replacing JSW Steel from December 23, 2024. This reconstitution of the Sensex, which is announced by Asia Index Private Ltd, a subsidiary of the Bombay Stock Exchange (BSE), will take effect on the specified date.