‘India’s EV sector ready to fly, doesn’t need new subsidies’: Piyush Goyal
Jan 04, 2025, at 12:33 am
New Delhi: Commerce and Industry Minister Piyush Goyal stated on Friday that there is no requirement for fresh subsidies or incentives for the electric vehicle (EV) ecosystem, media reports said.
Jan 02, 2025, at 10:10 pm
New Delhi: The government has sanctioned incentive payments amounting to Rs 246 crore for Mahindra & Mahindra (M&M) and Tata Motors under the Rs 25,938 crore Production Linked Incentive (PLI) scheme for the auto industry, PTI reported on Thursday.
Dept of Pharma implementing PLI Scheme for Pharma at cost of Rs 15,000 cr
Aug 03, 2024, at 05:27 am
New Delhi: The Department of Pharmaceuticals is implementing the Production Linked Incentive (PLI) Scheme for Pharmaceuticals with a total financial outlay of Rs. 15,000 crore and scheme tenure up to FY 2027-28, Ministry of Chemicals and Fertilizers informed Lok Sabha on Friday.
Centre to ease Visa application process for PLI sector manufacturers
Jul 05, 2024, at 06:23 am
New Delhi: The government is working to streamline the application process for Indian business visas for companies that have established manufacturing units in the 14 sectors covered by the production-linked incentive (PLI) scheme but are not beneficiaries of the scheme, media reported.
PLI Schemes witness over Rs 1.03 lakh crore of investment till Nov 2023
Jan 18, 2024, at 08:27 am
New Delhi: Production Linked Incentive (PLI) Schemes witnessed over Rs. 1.03 lakh crore of investment till November 2023, leading to production/ sales of Rs. 8.61 lakh crore and direct and indirect employment generation of over 6.78 lakhs, according to the Commerce and Industry ministry.
Govt amends white goods PLI scheme rules for chosen candidates
Oct 12, 2023, at 04:59 am
New Delhi: The government, on Wednesday, tweaked the Production Linked Incentive (PLI) scheme rules for white goods for the selected candidates by modifying the method for assessing production value for internal consumption, sales to affiliated firms, and associated entities.
Foxconn partners with STMicroelectronics NV to set up semiconductor factory in India
Sep 08, 2023, at 06:44 am
New Delhi: Foxconn Technology Group is partnering with STMicroelectronics NV to boost its chances of securing government incentives to build a semiconductor factory in India, Bloomberg reported.
Dell, Acer, Asus among 32 companies to apply for Rs 17,000 cr IT hardware PLI scheme
Aug 31, 2023, at 02:54 am
New Delhi: The Centre has received a total of 32 applications from top companies including Dell, Acer, Asus, Lenovo, Foxconn, and Netware for the Rs 17,000 crore production-linked incentive (PLI) scheme aimed at boosting the manufacturing of IT hardware.
May 31, 2023, at 03:36 am
New Delhi: The Production-Linked Incentive (PLI) Scheme 2.0 for IT Hardware has been approved by the Union Cabinet with a budgetary outlay of Rs 17,000 crore.
Civil Aviation Ministry notifies op guidelines for drone PLI scheme
Dec 03, 2022, at 05:16 am
New Delhi: The Civil Aviation Ministry Friday notified the operational guidelines for the Production Linked Incentive (PLI) scheme for drones and drone components.
Govt enrolls 742 drones in May, trade body sees rapid growth ahead
Jun 13, 2022, at 11:38 pm
New Delhi/UNI: As many as 742 drones were registered and unique identification numbers (UIN) were issued to them in the month of May, the Civil Aviation Ministry has said in its monthly report.
Drone Mahotsav 2022: UAV manufacturers strengthen resolve to achieve 900 cr turnover target
Jun 02, 2022, at 01:11 am
Delhi/IBNS: The youth-driven drone manufacturing industry looks to set up production plants, accelerate innovation and utilize the production-linked incentives (PLI) totalling Rs 120 crores to reach India's target of becoming a Rs 900 crore industry by 2024, according to drone startup entrepreneurs at the Drone Mahotsav in New Delhi recently.
Centre invites applications under PLI scheme for speciality steel
Dec 30, 2021, at 08:29 pm
New Delhi/IBNS: The government has started inviting applications from investors seeking to invest and avail benefits under the production linked scheme (PLI) for speciality steel on Wednesday.
Rural people to get affordable life insurance services, says Union Minister Manoj Sinha
Oct 13, 2017, at 07:20 pm
New Delhi, Oct 13 (IBNS): Union Minister for Communications Manoj Sinha, on Friday, launched the Sampoorna Bima Gram (SBG) Yojana and an initiative for expansion of clientele base of Postal Life Insurance.