PLI scheme

PLI scheme: Adani Copper Tubes among 15 firms selected for white goods

These companies will have a total production value of Rs 23,960 crore over 5 years and generate direct employment of 4,300 persons, according to the statement.

published on : 29th June 2022

Government extends telecom PLI scheme by 1 year for building 5G in the country

In a bid to build a strong ecosystem for 5G in the country, the government on Monday extended the production linked incentive (PLI) scheme for design-led manufacturing by one year. 

published on : 21st June 2022

India may see first semiconductor unit by April or May next year: Vaishnaw

The minister, while addressing the Semicon India 2022 conference in Bengaluru, said by April or May next year, we will have good news for the nation.

published on : 30th April 2022

Govt approves 61 proposals of over Rs 19,000 cr under PLI scheme for textiles

Singh said that the scheme would help increase India's share in the global man-made fibre and technical textiles sector. 

published on : 14th April 2022

Budget announcements, PLI are efforts in making country self-sufficient: Goyal

He also said India is hoping to use its livestock base to produce energy in the days to come.

published on : 7th March 2022

PLI scheme to unlock India's manufacturing capacity: Icra 

The PLI scheme, launched with the aim of incentivising manufacturing, is estimated to attract a capex of approximately Rs 4 lakh crore over the next five years.

published on : 17th February 2022

Suzuki, Hyundai, Tata Motors among 20 companies selected for sops under Auto PLI scheme

Under incentives for two wheeler and three wheelers manufacturers, Bajaj Auto, Hero MotoCorp, Piaggio Vehicles and TVS Motor have been selected.

published on : 11th February 2022

Union Budget 2022: Telecom players hail government's announcement of PLI for 5G rollout

The finance minister, in her Budget speech, announced a scheme for design-led manufacturing to build a strong ecosystem for 5G as part of the Production Linked Incentive Scheme.

published on : 3rd February 2022

Consumer electronics makers seek customs duty hike on finished goods imports, incentives on R&D 

The nearly Rs 75,000-crore industry is expecting "certain enablers" that will encourage domestic manufacturing

published on : 23rd January 2022

India's high import tariffs in electronics sector impacting competitiveness: Report

IKDHVAJ Advisers LLP chairman Harsha Vardhana Singh said that India has the largest tariff lines for the selected products, with tariffs in 2020 being higher than in 2014.

published on : 6th January 2022

Govt approves 31 proposals for telecom PLI scheme entailing Rs 3,345 crore investment

The companies selected for the PLI scheme include Nokia India, HFCL, Dixon Technologies, Flextronics, Foxconn, Coral Telecom, VVDN Technologies, Akashastha Technologies, and GS India.

published on : 14th October 2021

Indian drone industry will have a turnover of up to Rs 15,000 crore by 2026: Jyotiraditya Scindia

The Civil Aviation Ministry on Wednesday approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years.

published on : 16th September 2021

Nod to Rs 26, 000 crore incentive for auto sector under PLI Scheme

Of the total amount, Rs 25,938 crore has been set aside for the auto sector, while Rs 120 crore will be offered to encourage production of drones and their parts. 

published on : 16th September 2021

Government approves Rs 26,000 crore PLI scheme for automotive, drone industries

The PLI scheme will incentivize the emergence of advanced automotive technologies' global supply chain in India.

published on : 15th September 2021

Will notify PLI scheme for MMF, technical sectors within a week: Textiles Secretary UP Singh

Textiles Secretary UP Singh also said that the ministry has undertaken a comprehensive consultation with all the concerned stakeholders before finalising the scheme.

published on : 8th September 2021