Production Linked Incentive

World Bank sees India's growth at 8.3 per cent for FY 2021-22; 8.7 per cent in FY 2022-23

It says that India's economy should benefit from the resumption of contact-intensive services, and ongoing but narrowing monetary and fiscal policy support.

published on : 12th January 2022

With PLI schemes & global demand recovery, India exports likely to fly high in New Year

Exporters believe that the outbound shipments would cross USD 400 billion mark in this fiscal going by the current momentum and may reach USD 475 billion in 2022-23.

published on : 19th December 2021

With PLI boost, private capex cycle on cusp of revival, say experts

A report by rating agency Crisil says that industrial investment may rise 30% in the next two years – 2021-22 to 2023-24 – primarily on account of the PLI scheme.

published on : 19th October 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

Nod to Rs 10,683-cr incentive for textile manufacturing

Manufacturers to get up to 11% incentive on incremental production

published on : 9th September 2021

Cabinet may soon approve revised production-linked incentive scheme for auto sector

Last year, the government had announced a PLI scheme for the automobile and auto components sector with an outlay of Rs 57,043 crore, earmarked for five years.

published on : 8th 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

Government to notify PLI scheme for auto components, steel, textile: Official

The government last year approved the PLI scheme for 13 sectors with a total outlay of nearly Rs 2 lakh crore over a five-year period.

published on : 3rd June 2021