November 25, 2024 07:44 (IST)
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Mobile manufacturing investment under PLI scheme exceeds targets, says IT Secretary

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

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

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

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

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

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

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

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

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.

PLI Schemes: 76% growth in manufacturing sector FDI, 20% value addition in mobile manufacturing in 3 yrs

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

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

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

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

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

New Delhi: The Civil Aviation Ministry Friday notified the operational guidelines for the Production Linked Incentive (PLI) scheme for drones and drone components.