Mobile manufacturing investment under PLI scheme exceeds targets, says IT Secretary
Sep 26, 2024, at 07:16 am
New Delhi: Investment and production in mobile phone manufacturing under the Production Linked Incentive (PLI) scheme have significantly surpassed expectations, according to Electronics and IT Secretary S. Krishnan, media reports said.
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.
Govt receives 4 bids for Advanced Chemistry Cell manufacturing PLI scheme
Apr 24, 2024, at 06:13 am
New Delhi: The Ministry of Heavy Industries (MHI) has received seven bids for its Production Linked Incentives (PLI) scheme for Advanced Chemistry Cell (ACC) manufacturing.
India conducts 43.3 crore digital transactions every month: Nirmala Sithraman
Apr 03, 2024, at 02:49 am
New Delhi: Finance Minister Nirmala Sitharaman lauded the robust digital public infrastructure and widespread access that has propelled India to the forefront of digital transactions, media reports said.
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.
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.
Tata Motors, Mahindra & Mahindra get certificates for PLI payout
Aug 30, 2023, at 06:01 am
New Delhi: Indian automakers Tata Motors and Mahindra and Mahindra have been granted domestic value certificates, a critical metric for eligibility in receiving payouts under India's Production Linked Incentive (PLI) scheme, Reuters reported.
Google plans to move some Pixel production to India from China: Report
Jun 21, 2023, at 01:03 pm
New Delhi: Google is exploring options to assemble its Pixel smartphones in India, following a similar strategy to Apple's move to diversify production beyond China, reported Bloomberg.
Jun 14, 2023, at 04:59 am
New Delhi: The Production Linked Incentive (PLI) Schemes have led to a significant increase in production, employment generation, economic growth and exports in the country, a top government official said.
Amended PLI scheme for IT sector to produce 3 lakh jobs: Ashwini Viashnaw
May 18, 2023, at 04:50 am
New Delhi: Union Minister Ashwini Vaishnaw on Wednesday said that the recently approved modified production-linked incentive scheme for IT hardware manufacturing is expected to create approximately 75,000 direct employment opportunities as well as three times as many indirect jobs.
Rs 30 crores disbursed during FY 23 under PLI Scheme for drones and drone components: Centre
Apr 05, 2023, at 02:51 am
New Delhi/IBNS: The Ministry of civil aviation has disbursed nearly Rs 30 crores to the beneficiaries during FY 2022-23 under the PLI Scheme for drones and drone components, an official statement said on Tuesday.
PLI scheme: Govt clears Rs 357 cr for Foxconn India for phone manufacturing
Dec 22, 2022, at 02:49 am
New Delhi/IBNS: The government has given the green signal to a production-linked incentive (PLI) scheme of over Rs 400 crore for Foxconn India and Padget Electronics for mobile phone manufacturing.
Govt selects 67 applications under PLI scheme for specialty steel
Dec 10, 2022, at 07:44 am
New Delhi/IBNS: The government on Friday said it has shortlisted 67 applications from 30 companies under its Rs 6,322-crore production-linked incentives (PLI) scheme for specialty steel.
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.
Oct 16, 2022, at 04:57 pm
Government is likely to include seven sectors, including bicycle, leather, toys and container, in the next round of Rs 35,000 crore production-linked incentives (PLI) scheme, media reports said.
India's monthly mobile phone exports cross record $1 billion in Sept: Report
Oct 15, 2022, at 01:13 am
India's monthly export of mobile phones crossed the $1 billion threshold (more than Rs 8,200 crore), for the first time ever, reported The Economic Times.
Oct 14, 2022, at 09:22 pm
Identifying and building domestic capabilities of those items which have huge global demand will expedite India's journey to a $5 trillion economy by 2025, according to Dr Ajay Sahai, DG & CEO of the Federation of Indian Export Organisation (FIEO).
LG, Mitsubishi, Wipro and 12 others selected in 2nd round of PLI scheme for White Goods
Jun 30, 2022, at 05:26 pm
A total of 15 applicants have been selected under the 2nd round of the PLI scheme in White Goods.
PLI scheme for specialty steel: Govt may extend the deadline for applications for a 3rd time
May 23, 2022, at 01:30 am
New Delhi: The Centre may extend the deadline for submitting applications for PLI scheme for speciality steel with only 10 applications received so far, even as the last date for applying was was extended twice, media reports said.
19 companies apply in 2nd round of PLI scheme for white goods
Apr 27, 2022, at 06:32 am
New Delhi: A total of 19 companies with proposed investments of Rs 1,548 crore have applied to avail the benefits under the second round of PLI scheme for white goods, the commerce and industry ministry said on Tuesday.
31 companies approved under PLI Scheme for manufacturing of telecom and networking products
Mar 31, 2022, at 02:17 am
New Delhi: A total of 31 companies have been selected under the PLI Scheme for manufacturing of telecom and networking products in India, Minister of State for Communications Devusinh Chauhan said in a written reply to Lok Sabha on Wednesday.
Auto PLI gets investment proposals worth Rs 75K crore, exceeds govt expectations
Mar 15, 2022, at 09:32 pm
New Delhi/UNI: The production linked incentive (PLI) scheme for auto & auto components has attracted investment proposals of Rs 74,850 crore against the target estimate of Rs 42,500 crore over a period of five years.
Centre invites applications from drone industry for PLI scheme
Mar 13, 2022, at 06:51 pm
New Delhi/IBNS: The government has invited applications from drone industry for Production Linked Incentive (PLI), Ministry of Civil Aviation said.
Feb 12, 2022, at 01:38 am
New Delhi/IBNS: The Centre on Friday approved 20 companies, who had applied for the Production Linked Incentive (PLI) Scheme for the automobile and automobile component industry under the “Champion OEM Incentive Scheme”.
Daikin India aiming at bigger export target after PLI push
Feb 11, 2022, at 02:11 am
Kolkata: Japanese air conditioning manufacturer Daikin is ramping up its manufacturing capacity in India with a third factory in the country to supply the Middle East, African, and Latin American markets and cater to the growing Indian market.
PLI scheme to provide necessary impetus to Indian steel sector: Centre
Aug 25, 2021, at 05:24 am
Kolkata/IBNS: India presently operates at the lower end of the value chain in the steel sector. Value-added steel grades are largely imported in India, ASSOCHAM India said.