Govt. approves 61 projects under PLI Scheme for textiles: Secretary Singh
2 years, 8 months ago

Govt. approves 61 projects under PLI Scheme for textiles: Secretary Singh

The Hindu  

As many has 61 applications, for projects involving total investment of ₹ 19,077 crore, have been approved under the Production Linked Incentive Scheme for textiles, Secretary of the Union Ministry of Textiles U.P. Of the projects approved so far, 13 applications were made with a minimum investment commitment of ₹300 crore each and 48, minimum investment of ₹100 crore each. The government approved the PLI Scheme for textile products with an aim to enhance manufacturing capabilities and exports from the country of select manmade fibre products. The total outgo for the approved projects is expected to be ₹6,600 crore and the Ministry is looking at Phase II of the PLI scheme.

Projects Crore Singh Scheme Pli Approved Pli Scheme  investment  projects  textiles  approved  pli  61  crore  secretary  govt  applications  total  singh  scheme  approves

History of this topic

PLI expansion on hold as government prioritises existing schemes amid disbursement challenges
4 weeks, 1 day ago

PLI expansion on hold as government prioritises existing schemes amid disbursement challenges

Live Mint  

New Delhi: India's production sops programme which powered a ₹13 trillion manufacturing boom may not add any more sectors soon in the wake of slowing disbursements, two people aware of the matter said. Textiles companies making apparel out of manmade fiber must invest a minimum of ₹300 crore and achieve sales of at least ₹600 crore in FY25. While the …

PLI disbursement negligible in FY25
1 month ago

PLI disbursement negligible in FY25

New Indian Express  

NEW DELHI: The disbursal of payments under the Production-linked Incentive Scheme has been negligible in the current financial year, and the government is clueless about the reasons why companies are not claiming the benefits. Till last financial year, the government had paid nearly Rs 10,000 crore, and this year the disbursement has been less than Rs 1,000 crore. The same …

Govt to Consider Reintroducing PLI Scheme for Specialty Steel
1 month, 3 weeks ago

Govt to Consider Reintroducing PLI Scheme for Specialty Steel

Live Mint  

The government is considering approving a ₹4,000-crore production linked incentive (PLI) scheme for specialty steel next month to boost the domestic production of the alloy and curb imports. The approval from the empowered group of secretaries (EGoS) will pave the way for the launch of the second phase of the incentive scheme (PLI 2.0). The scheme is expected to offer …

Garment units demand measures to develop the knitwear sector in Tiruppur
3 months, 1 week ago

Garment units demand measures to develop the knitwear sector in Tiruppur

The Hindu  

The Tiruppur Exporters’ Association has called upon the Union Government to come out with another edition of the production-linked incentive scheme for the textile sector. In a memorandum to Union Finance Minister Nirmala Sitharaman, the Association noted that the current PLI scheme largely benefits large textile units, particularly those in the manmade fibre sector. Importers face delays of five to …

Budget 2024: PLI scheme may get big boost, these sectors in focus
5 months ago

Budget 2024: PLI scheme may get big boost, these sectors in focus

India Today  

Finance Minister Nirmala Sitharaman is set to present the full budget of the 'Modi 3.0' government, with the production-linked incentive scheme expected to be a major focus, with sources suggesting a revamp to include more sectors, particularly those that generate employment. Read Full Budget 2024 Coverage The total PLI incentive in FY23 was Rs 2,002 crore, with revised estimates for …

Govt. reopens PLI scheme for white goods till October 12
5 months, 2 weeks ago

Govt. reopens PLI scheme for white goods till October 12

The Hindu  

The Government has reopened the application window for the Production linked Incentive scheme for white goods from July 15 to October 12, citing industry appetite to invest more in the scheme originally launched in 2021. The Commerce and Industry Ministry said the fresh window was an “outcome of the growing market and confidence generated due to manufacturing of key components …

Centre reopens application window for White Goods under the PLI scheme
5 months, 2 weeks ago

Centre reopens application window for White Goods under the PLI scheme

Live Mint  

New Delhi: Manufacturers are being invited to make investments under the production linked incentive scheme for white goods—specifically air conditioners and LED lights—under an extended window, the Centre said on Monday. “The application window for the PLI Scheme for White Goods is being reopened based on the appetite of the industry to invest more under the scheme, which is an …

India plans to expand production-linked incentives for small textile firms: minister
5 months, 4 weeks ago

India plans to expand production-linked incentives for small textile firms: minister

Hindustan Times  

By Manoj Kumar India plans to expand production-linked incentives for small textile firms: minister NEW DELHI - India plans to expand production linked incentives to small textile firms soon, part of efforts to increase garment exports to $50 billion by 2030, the federal textile minister said on Tuesday. The government introduced incentives for the textile sector in 2021, and has …

Budget Watch: From toys to footwear, new PLI schemes knocking on the door
5 months, 4 weeks ago

Budget Watch: From toys to footwear, new PLI schemes knocking on the door

Business Standard  

During pre-Budget discussions with Finance Minister Nirmala Sitharaman, industry groups called for the introduction of new schemes | Photo: Shutterstock.com The upcoming Union Budget is likely to introduce production-linked incentive schemes for additional categories such as toys, footwear, textiles, and millet-based foods, responding to demands from the industry and several government departments. In the Interim Budget in February, the Department …

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing
11 months ago

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing

India TV News  

To incentivise the manufacturing sector and generate employment, the government may extend the scope of the Production-Linked Incentive scheme in the upcoming budget. Zameer Malik, CEO of Kulsum's Kaya Kalp, said that the government is expected to continue prioritizing capital expenditure, particularly in the infrastructure sector, to drive economic growth. Gurmit Singh Arora, president of the Indian Plumbing Association, said …

PLI schemes attracted Rs 1.03 lakh crore investment said center
11 months ago

PLI schemes attracted Rs 1.03 lakh crore investment said center

Deccan Chronicle  

New Delhi: The government on Wednesday said that production-linked incentive or PLI schemes witnessed over Rs 1.03 lakh crore of investment till November 2023, which led to production and sales of Rs 8.61 lakh crore as well. As per the statement issued by the commerce ministry, in such schemes, it also saw an employment generation, both direct and indirect, of …

Will Budget 2024 expand PLI schemes to attract investments?
11 months, 1 week ago

Will Budget 2024 expand PLI schemes to attract investments?

Live Mint  

Budget 2024: While the PLI scheme aims to incentivise domestic value addition and exports, there have been calls for localization requirements around sourcing components to prevent misuse. The budget should clarify efficient sunset clauses, seamless dispute resolution mechanisms, and clear eligibility criteria linking incentives to production milestones rather than mandating strict local sourcing levels initially. Gurmit Singh Arora, National Prеsidеnt, …

Over 30 companies may qualify for IT hardware PLI scheme: Report
1 year, 2 months ago

Over 30 companies may qualify for IT hardware PLI scheme: Report

Live Mint  

Over 30 companies are expected to qualify for ₹17,000 crore production linked incentive scheme for IT hardware manufacturing, said a report by news agency PTI citing a government official. Among the domestic companies, Padget, VVDN, Netweb, Syrma, Optiemus, Sahasra, Neolync, Panache, Sojo, and Kaynes Technologies had applied for the PLI scheme. In the first year of the PLI scheme almost …

Cabinet approves ₹17,000 crore PLI scheme for IT hardware
1 year, 7 months ago

Cabinet approves ₹17,000 crore PLI scheme for IT hardware

Hindustan Times  

The Union Cabinet on Wednesday approved the second phase of the Production Linked Incentive or PLI scheme for IT hardware, in order to accelerate domestic manufacturing of hi-tech electronics, building on efforts that catapulted India to become the second-largest mobile phone manufacturer in the world. “This scheme will boost employment, strengthen our eco-system for innovation and lead to greater investments.” …

Govt. more than doubles outlay on PLI for IT hardware to ₹17,000 crore
1 year, 7 months ago

Govt. more than doubles outlay on PLI for IT hardware to ₹17,000 crore

The Hindu  

The Union Cabinet on Wednesday approved an updated Production Linked Incentive scheme for IT hardware manufacturing, with the total budgetary outlay increased to ₹17,000 crore, Minister of Electronics and Information Technology Ashwini Vaishnaw announced. “This year it crossed a major benchmark in production – $105 billion.” India crossed $11 billion in mobile phone exports, and was now the second-largest mobile …

Cabinet clears ₹17,000 cr-IT Hardware PLI Scheme 2.0
1 year, 7 months ago

Cabinet clears ₹17,000 cr-IT Hardware PLI Scheme 2.0

The Hindu  

The Cabinet, chaired by Prime Minister Narendra Modi, on May 17 approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of ₹17,000 crore. PLI Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices. The government in February 2021 approved the PLI scheme for IT hardware, covering the production …

PLI For Specialty Steel: Govt Gets 79 Applications From 35 Companies, Signs MoU With 27 Firms
1 year, 8 months ago

PLI For Specialty Steel: Govt Gets 79 Applications From 35 Companies, Signs MoU With 27 Firms

News 18  

The application window for financial incentives under the PLI Scheme for Specialty Steel was closed in September 2022 and the government received 79 applications from 35 companies, out of which MoU were signed with 27 selected companies covering 57 applications, said Union Minister Faggan Singh Kulaste. Companies participating in the PLI scheme have committed to an investment of ₹ 29,530 …

Kishan says centre investing ₹2 lakh crore on PLI schemes
1 year, 9 months ago

Kishan says centre investing ₹2 lakh crore on PLI schemes

Deccan Chronicle  

Visakhapatnam: Union tourism minister G. Kishan Reddy said the Centre is implementing Production Linked Incentive schemes worth ₹2 lakh crore in 14 key sectors as part of Atmanirbhar Bharat, which would create 60 lakh jobs. Jagan Mohan Reddy, the Union minister underlined that PLI schemes are available to sectors like mobile manufacturing, electronics, food products, pharmaceuticals, medical devices, batteries, automobiles …

Govt focussing on production of high value pharmaceuticals: Mansukh Mandaviya
1 year, 10 months ago

Govt focussing on production of high value pharmaceuticals: Mansukh Mandaviya

The Hindu  

The government is taking steps to produce "high value pharmaceuticals" in the country to reduce import dependency for such critical articles, Union Minister Mansukh Mandaviya said on Tuesday. "Working on the vision of reducing import dependency through indigenous production, the government is focussing on production of high value pharmaceuticals and high-end medical devices," he said. Mr. Mandaviya said the Department …

Production Linked Incentive Scheme: How does it aim to drive India’s economic growth?
1 year, 10 months ago

Production Linked Incentive Scheme: How does it aim to drive India’s economic growth?

Live Mint  

The Union Budget 2023-24 has allocated Rs 8,083 crore for various production linked incentive schemes. Production Linked Incentive Schemes in India have been gaining traction as a policy tool to promote manufacturing and spur economic growth. In India, the government introduced the Production Linked Incentive Scheme in April 2020, with the aim of promoting manufacturing activities in the country. The …

Budget 2023 Expectations: These Sectors Likely To Get PLI Scheme Benefits
1 year, 11 months ago

Budget 2023 Expectations: These Sectors Likely To Get PLI Scheme Benefits

News 18  

Budget 2023: The government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget as it looks to expand production linked incentive scheme to cover more high-employment potential sectors. A proposal to extend PLI scheme benefits to different sectors such as toys and leather is at advanced stages of finalisation …

Union Budget 2023: Govt likely to announce PLI scheme for more sectors to cover high-employment fields
1 year, 11 months ago

Union Budget 2023: Govt likely to announce PLI scheme for more sectors to cover high-employment fields

India TV News  

Budget 2023: In an attempt to expand Production Linked Incentive scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. A proposal to extend PLI scheme benefits to different sectors such as toys and leather are at advanced stages of …

Budget 2023: Local manufacturing likely to get huge boost amid global economic slowdown
1 year, 11 months ago

Budget 2023: Local manufacturing likely to get huge boost amid global economic slowdown

India Today  

The central government is working on a crucial plan to boost India’s GDP growth in FY24 to tackle the impact of the global economic slowdown that is likely to get worse. PLI allocation and incentive boost likely High-impact manufacturing sectors like electronics and IT hardware could get a significant top up in allocation under the PLI scheme, as per people …

Civil Aviation Min Notifies Operational Guidelines for Drone PLI Scheme
2 years ago

Civil Aviation Min Notifies Operational Guidelines for Drone PLI Scheme

News 18  

The civil aviation ministry has notified the operational guidelines for the Production Linked Incentive scheme for drones and drone components. The total PLI per manufacturer is capped at Rs 30 crore which is 25 per cent of the total financial outlay of Rs 120 crore. Indian MSMEs and startups manufacturing drones and having annual sales turnover of Rs 2 crore …

Civil aviation ministry outlines operational guidelines for PLI scheme for drones and drone components
2 years ago

Civil aviation ministry outlines operational guidelines for PLI scheme for drones and drone components

India TV News  

PLI scheme: The civil aviation ministry has outlined the operational guidelines for the Production Linked Incentive scheme for drones and drone components. According to reports, the PLI scheme is to be implemented during the 2022-23 to 2024-25 period for which the central government has granted an outlay of Rs 120 crore. According to the ministry's notification, Indian MSMEs and startups …

Government approves 42 companies for telecom products under PLI scheme; details here
2 years, 1 month ago

Government approves 42 companies for telecom products under PLI scheme; details here

Firstpost  

According to the Ministry of Communication, the investment is likely to generate additional sales of Rs 2.45 trillion. The Ministry of Communication has granted approval to 42 companies including Nokia, Samsung, Flextronics, Ericsson’s partner Jabil, Tejas Networks, HFCL, and VVDN, under the production linked incentive scheme for telecom and networking products. The Union Budget had announced a design-led PLI scheme …

Govt approves Nokia, Samsung, 40 others under PLI scheme for telecom products
2 years, 1 month ago

Govt approves Nokia, Samsung, 40 others under PLI scheme for telecom products

Live Mint  

New Delhi: The communications ministry granted approval to 42 companies including Nokia, Samsung, Ericsson’s partner Jabil, Flextronics, Tejas Networks, VVDN and HFCL, under the production linked incentive scheme for telecom and networking products. The Union Budget had announced a design-led PLI scheme for telecom and networking products, to create a robust domestic value chain, which provided an additional incentive of …

Production-linked incentives | Dole or incentive?
2 years, 1 month ago

Production-linked incentives | Dole or incentive?

India Today  

For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. Targeting 14 key sectors, the scheme, with an outlay of Rs 1.97 lakh crore, aimed to create national manufacturing champions, 6 million new jobs and additional production …

Govt clears Rs 19,500-cr PLI scheme for solar PV modules
2 years, 3 months ago

Govt clears Rs 19,500-cr PLI scheme for solar PV modules

Deccan Chronicle  

New Delhi: The government on Wednesday approved a Rs 19,500-crore production linked incentive scheme for manufacturing solar photovoltaic modules in order to attract investment in the solar space in the country. Besides, the government also approved modifications in the scheme for semiconductors and display manufacturing eco-system, with uniform fiscal support of 50 per cent of project cost for all technology …

Cabinet approves second tranche of PLI scheme to boost manufacturing of solar modules
2 years, 3 months ago

Cabinet approves second tranche of PLI scheme to boost manufacturing of solar modules

Hindustan Times  

New Delhi: The Union cabinet on Wednesday approved the second tranche of the Performance Linked incentive scheme to boost manufacturing of solar photovoltaic modules in India, Union minister Anurag Thakur announced in a press briefing. With the second tranche of the PLI scheme the government is hoping that about 65GW per annum manufacturing capacity of fully and partially integrated, solar …

What is PLI scheme? All you need to know about its benefits
2 years, 3 months ago

What is PLI scheme? All you need to know about its benefits

Firstpost  

PLI schemes are a cornerstone of the ‘Make in India’ campaign which wants to reduce India’s dependence on exports and transform it into a global manufacturing hub The Union government has announced several production-linked incentive schemes over the years. Furthermore, in this year’s Budget speech Finance Minister Nirmala Sitharaman had announced an outlay of Rs 1.97 lakh crore for PLI …

32 companies submit applications for DLI, PLI scheme of telecom
2 years, 3 months ago

32 companies submit applications for DLI, PLI scheme of telecom

The Hindu  

As many as 32 companies have submitted applications for Design-led Incentive Scheme and Production Linked Incentive scheme of telecom, according to an official release. The Design-led Incentive scheme has received an "enthusiastic response" from telecom equipment manufacturers, it said. 17 of these 32 companies have applied as Design-led manufacturers and remaining as Production linked manufacturers," the statement said but did …

PLI scheme has potential to add 4% to India’s GDP annually, here’s why
2 years, 5 months ago

PLI scheme has potential to add 4% to India’s GDP annually, here’s why

Live Mint  

The production-linked incentives scheme which is expected to boost the manufacturing sector has the potential to 4% to GDP per annum in terms of incremental revenues. The scheme which is aimed to offering nearly ₹2.4 lakh crore incentives in key business areas over the next five years, has seen maximum response from the electronics, auto components, and pharma sectors, according …

PLI scheme has potential to add nearly 4% to GDP per annum, finds report
2 years, 5 months ago

PLI scheme has potential to add nearly 4% to GDP per annum, finds report

Firstpost  

Registration of manufacturing companies has shot up to the highest ever in the last seven years and the share of manufacturing companies in total registrations is also at almost highest level since the past decade, according to the report by Emkay Investment Mumbai: The production-linked incentives scheme, which seeks to boost manufacturing in key areas by offering nearly Rs 2.4 …

Specialty steel | Govt again extends deadline to apply for PLI scheme till July 31
2 years, 5 months ago

Specialty steel | Govt again extends deadline to apply for PLI scheme till July 31

The Hindu  

The government has extended for the fourth time the deadline to submit applications under the production-linked incentive scheme for specialty steel till July 31, 2022. Initially, March 29 was the last date for manufacturers to apply for the benefits under the PLI scheme for speciality steel. According to a Steel Ministry notification dated June 29, ".the undersigned is directed to …

Govt Clears Proposals Worth Rs 86,824 Crore for Electronics Manufacturing In India
2 years, 5 months ago

Govt Clears Proposals Worth Rs 86,824 Crore for Electronics Manufacturing In India

News 18  

New Delhi, Jun 27: The electronics and IT ministry has approved a total of 314 applications with proposed investments of Rs 86,824 crore under a modified special incentive package scheme till May 31, 2022, an official note said. The proposals that were approved in May included an investment of Rs 596 crore from Bosch Automotive Electronics Private Limited, the official …

Govt Receives 10 Applications for PLI Scheme for Specialty Steel; Mulls to Extend Last Date Again
2 years, 7 months ago

Govt Receives 10 Applications for PLI Scheme for Specialty Steel; Mulls to Extend Last Date Again

News 18  

The government’s ambitious PLI scheme for specialty steel has received just 10 applications, even as the last date to submit interest under the scheme was extended twice, after certain concerns were raised by steel makers. The last date to submit applications under the PLI Scheme for specialty steel is expected to be extended again for the third time, a senior …

Names of Companies Shortlisted For Auto Component PLI Scheme to Be Out Soon
2 years, 9 months ago

Names of Companies Shortlisted For Auto Component PLI Scheme to Be Out Soon

News 18  

The Centre will soon announce the names of the companies shortlisted for benefits under the production linked incentive scheme for the automobile and auto component sector, said sources. COMPONENT CHAMPION INCENTIVE SCHEME In December 2021, the Centre launched the PLI scheme for automobile and auto component industries, with a budgetary outlay of Rs 25,938 crore over five years to improve …

Cabinet approves ₹26,058 crore PLI scheme for auto, drone sectors
3 years, 3 months ago

Cabinet approves ₹26,058 crore PLI scheme for auto, drone sectors

The Hindu  

The Union Cabinet on Wednesday approved a Rs. 26,058 crore production linked incentive scheme for auto, auto-components and drone industries to enhance India’s manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday. The Champion OEM Incentive scheme is a ‘sales value linked’ scheme, applicable on Battery Electric Vehicles and Hydrogen Fuel Cell Vehicles of all segments, the minister said. The …

Modi govt's big boost for auto sector: Rs 26,000 crore PLI scheme approved; to create 7.5 lakh jobs
3 years, 3 months ago

Modi govt's big boost for auto sector: Rs 26,000 crore PLI scheme approved; to create 7.5 lakh jobs

India TV News  

The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities. It is estimated that over a period of five years, the PLI scheme for the automobile and auto components industry will lead to fresh investment of over Rs 42,500 crore, incremental production of over Rs …

Cabinet may approve revised PLI scheme for auto sector today
3 years, 3 months ago

Cabinet may approve revised PLI scheme for auto sector today

India TV News  

The Union Cabinet is likely to approve on Wednesday the revised production-linked incentive scheme for the automobile sector, which aims at promoting domestic manufacturing and create jobs, according to sources. Last year, the government had announced the scheme for the automobile and auto components sector with an outlay of Rs 57,043 crore, earmarked for five years. Component segments that are …

Explained | Will the new Production-Linked Incentive scheme help textile industry?
3 years, 3 months ago

Explained | Will the new Production-Linked Incentive scheme help textile industry?

The Hindu  

The story so far: Ten months after it first approved a Production-Linked Incentive scheme for the textile sector, the Union Cabinet cleared it on September 8, after the Ministry of Textiles incorporated suggestions from the industry. The product lines include 40 in man-made fibre apparel, 14 in man-made fibre fabrics, and 10 technical textile segments/products. Editorial | Catching up: On …

Catching up: The Hindu Editorial on Production-Linked Incentive scheme for textile sector
3 years, 3 months ago

Catching up: The Hindu Editorial on Production-Linked Incentive scheme for textile sector

The Hindu  

The Cabinet’s approval of a Production-Linked Incentive scheme for the textile sector that is expressly targeted at the man-made fibre and technical textiles segments is a belated acknowledgment by the Government that the ground has inexorably shifted in the global textiles trade. Wednesday’s decision on the focused PLI scheme, with a budgeted outlay of ₹10,683 crore, is the second time …

Textile industry looks at ₹3000 crore additional investment in TN
3 years, 3 months ago

Textile industry looks at ₹3000 crore additional investment in TN

The Hindu  

The textile and clothing industry in Tamil Nadu hopes to attract ₹3000 crore additional investment in man-made fibre and technical textile segments with several schemes announced by the Central and State governments. Sundararaman, chairman of the Indian Technical Textile Association and vice-chairman of Southern India Mills’ Association, said the Production Linked Incentive Scheme approved on Wednesday by the Union government …

Cabinet approves ₹10,683 crore incentive scheme for textile sector
3 years, 3 months ago

Cabinet approves ₹10,683 crore incentive scheme for textile sector

The Hindu  

The Central government on September 8 approved production-linked incentive for the textile sector with a budgetary outlay of ₹10,683 crore. According to an official statement, the incentive structure for the textile sector is designed to encourage investment in fresh capacities in MMF apparel, MMF fabrics, and 10 segments or products of technical textiles. In type one, any person, willing to …

Nirmala Sitharaman announcements: "PLI scheme for electronics manufacturing extended till 2025-26"
3 years, 5 months ago

Nirmala Sitharaman announcements: "PLI scheme for electronics manufacturing extended till 2025-26"

The Hindu  

Union Finance Minister Nirmala Sitharaman is announcing relief measures to boost health infrastructure and exports among others. The total financial implication of this free visa scheme would be Rs 100 crore. Emergency Credit Line Guarantee Scheme An additional Rs 1.5 lakh crore has been granted under the Emergency Credit Line Guarantee Scheme, which was announced last year. Rs 50,000 crore …

PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D
3 years, 6 months ago

PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D

Business Standard  

PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D If a company invests Rs 100 crore, it can account for Rs 5 crore as technology transfer and Rs 15 crore as R&D expenditure. Premium The threshold investment is a key element that determines the financial incentive that a company will be eligible for under the scheme. Surajeet Das …

Mobile Phone Manufacturers Invested Rs 1,300 Cr Under PLI Scheme in Q4 2020: Govt
3 years, 8 months ago

Mobile Phone Manufacturers Invested Rs 1,300 Cr Under PLI Scheme in Q4 2020: Govt

News 18  

Mobile manufacturers shortlisted under a production linked incentive scheme invested Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the 2020 December quarter, the ministry of commerce and industries said on Wednesday. The Production Linked Incentive Scheme for large scale electronics manufacturing was notified on April 1, 2020, under which there will be an incentive of 4 …

To Boost Domestic Production, Govt OKs Rs 6,238 Crore PLI Scheme for Air-conditioners, LED Lights
3 years, 8 months ago

To Boost Domestic Production, Govt OKs Rs 6,238 Crore PLI Scheme for Air-conditioners, LED Lights

News 18  

The government on Wednesday approved a production linked incentive scheme for white goods – Air Conditioners and LED Lights – with a budgetary outlay of Rs 6,238 crore. “The PLI scheme for white goods shall extend an incentive of 4 per cent to 6 per cent on incremental sales of goods manufactured in India for a period of five years …

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