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 Gupta New Delhi The DoT, or Department of Telecommunications, which on Thursday notified the guidelines for the production-linked incentive scheme for manufacturing telecom and networking products, has capped the expenditure as investment that global companies can make on research and development, as well as transferring technology. The threshold investment is a key element that determines the financial incentive that a company will be eligible for under the scheme.

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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 …

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26
1 month, 1 week ago

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26

Live Mint  

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. The PLI scheme, which covers both automakers and component makers, was designed to stimulate production in advanced automotive and EV sectors by providing financial incentives …

Local telecom manufacturing set to boost entry-level jobs: Minister
4 months ago

Local telecom manufacturing set to boost entry-level jobs: Minister

India TV News  

The push for local telecom manufacturing, bolstered by the production-linked incentive scheme, is expected to generate more entry-level job opportunities and contribute to the development of skilled manpower, according to the Centre. In a recent meeting with original equipment manufacturers in the telecom sector, Union Minister of Communications Jyotiraditya Scindia emphasized that this initiative aligns with Prime Minister Narendra Modi’s …

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 …

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know
5 months, 1 week ago

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

India TV News  

Budget 2024: There are high expectations regarding a potential reduction in the price of mobile phones in the upcoming budget. Last year, the central government reduced import taxes on key components, such as camera lenses, to promote mobile phone manufacturing in India. Govt likely to re-implement PLI scheme According to the report, the new NDA government is expected to re-implement …

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 never give company-specific incentives in EV sector, govt. official on Tesla's demand
1 year ago

Will never give company-specific incentives in EV sector, govt. official on Tesla's demand

The Hindu  

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. The official added that inter-Ministerial discussions have happened on the customs duty concession demand of the U.S.-based electric car maker Tesla, …

Chip off the block: The Hindu Editorial on semiconductor fabrication in India
1 year, 1 month ago

Chip off the block: The Hindu Editorial on semiconductor fabrication in India

The Hindu  

As funds for production-linked incentives for manufacturing semiconductors lie under-utilised by upwards of 80%, the Union government must be far clearer on what it has achieved — and aims to accomplish — by continuing to spend crores of rupees on bringing more semiconductor fabrication capabilities to India. But the central wager with these schemes, at much cost to the exchequer, …

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 …

Around ₹30cr disbursed by government under drone PLI scheme: Official
1 year, 8 months ago

Around ₹30cr disbursed by government under drone PLI scheme: Official

Hindustan Times  

The government has disbursed around ₹30 crore during fiscal year 2022-23 under the Production Linked Incentive Scheme for 12 drone manufacturers and 11 drone component manufacturers, a government official confirmed to HT. “The eligibility norm for Ministry of Micro, Small and Medium Enterprises and startups is at nominal levels and the coverage of the scheme also includes developers of drone-related …

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 …

India’s semiconductor market to reach $55 billion by 2026: Deloitte
1 year, 9 months ago

India’s semiconductor market to reach $55 billion by 2026: Deloitte

The Hindu  

The Indian semiconductor market is to reach $55 billion by 2026 with more than 60% of the market being driven by three industries: smartphones and wearables, automotive components, and computing and data storage, according to a report by Deloitte. Despite strong global headwinds on the economic front, India is expected to emerge as a major player in the 5G revolution, …

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 …

Watch | Union Budget 2023 | Expectations from the telecom industry
1 year, 10 months ago

Watch | Union Budget 2023 | Expectations from the telecom industry

The Hindu  

In 2022, the auction for telecom spectrum, including bands for offering 5G services, drew record bids. According to Cellular Operators Association of India, higher customs duty on telecom equipment has impacted these companies and therefore, the industry would like to see a relaxation in import duties. Production Linked Incentive Scheme Another area that would draw attention would be the PLI …

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 …

Indian Space Association demands for PLI inclusion, GST, Angel tax exemptions
1 year, 11 months ago

Indian Space Association demands for PLI inclusion, GST, Angel tax exemptions

The Hindu  

Indian Space Association has demanded the union government bring the space sector under Production Linked Incentive Scheme. Among other pre-budget recommendations, it also asked for GST exemption for private satellite launch service providers and also sought exemption from Angel Tax. The PLI scheme would promote space-related research and development in the country and also facilitate incentives to entities engaged in …

New PLI scheme for IT server, hardware to offer more sops for IP designed in India
1 year, 11 months ago

New PLI scheme for IT server, hardware to offer more sops for IP designed in India

The Hindu  

India will soon be launching a production linked incentive scheme for IT server and hardware manufacturing with one of its facets being to encourage use of IP generated in the country. “One of the things in the PLI scheme is we will create additional incentives for manufacturers or OEMs that incorporate IP designed in India into their systems and products,” …

Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report
1 year, 11 months ago

Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report

ABP News  

As the world’s chip shortage problem persists, the central government is likely to incentivise local chip manufacturing. According to a report by the Economic Times, the Ministry of Electronics and IT is working on an incentive scheme, worth around Rs 10,000 crore to Rs 12,000 crore, to promote domestic manufacturing of high-end components that could go into products such as …

Centre clears PLI incentive for Padget Electronics, Foxconn India
2 years ago

Centre clears PLI incentive for Padget Electronics, Foxconn India

Firstpost  

Foxconn India was the first global firm which got approved under the mobile phone-making segment The Empowered Committee has issued incentives to Padget Electronics and Foxconn India. An incentive of Rs 58.29 crore has been provided to Padget Electronics and Rs 357.17 crore to Foxconn India. Foxconn India is going to receive the incentive under mobile manufacturing for the period …

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 …

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 …

Govt to provide ₹120 crore incentives for drone manufacturing
2 years, 4 months ago

Govt to provide ₹120 crore incentives for drone manufacturing

Hindustan Times  

The government will provide ₹120 crore as incentives for the manufacturing of drones and drone components over the next three years under the production-linked incentive scheme, Minister of State for Civil Aviation General VK Singh said on Monday. The firms shortlisted for drone manufacturing incentives include Aarav Unmanned Systems, Bengaluru, Karnataka; Asteria Aerospace, Bengaluru, Karnataka; Dhaksha Unmanned Systems, Chennai, Tamil …

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 …

PLI Scheme for White Goods: Adani, LG, Wipro, 12 Others Selected Under Round 2
2 years, 5 months ago

PLI Scheme for White Goods: Adani, LG, Wipro, 12 Others Selected Under Round 2

News 18  

The government on Tuesday said it has selected 15 companies, including Adani Copper Tubes, LG Electronics, Mitsubishi Electronics, and Wipro, with a committed investment of Rs 1,368 crore, under the second round of production-linked incentive for white goods. As many as 19 companies, including LG Electronics and Wipro, had filed applications with a proposed investment of Rs 1,548 crore 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 …

What India needs to achieve net-zero emission goals by 2020. Read here
2 years, 6 months ago

What India needs to achieve net-zero emission goals by 2020. Read here

Live Mint  

India may need investments of over USD 10 trillion to meet its net-zero emission target by 2070, according to a new report. “Thus, the country needs to focus on and incentivise cleaner coal technology to further reduce carbon emissions.” The report further recommended policy initiatives "essential for a future driven by sustainable industries." To achieve the target, India must overcome …

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. …

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 …

Indian Govt Invites Drone Industry To Apply For Rs 120 Crore PLI Scheme
2 years, 9 months ago

Indian Govt Invites Drone Industry To Apply For Rs 120 Crore PLI Scheme

News 18  

The Indian government is now looking for active participation from the country’s drone industry and wants companies to apply for its special production linked incentive or PLI scheme that was announced in September last year. The scheme is giving drone companies a chance to get a total incentive of Rs 120 crore which is covered over the period of three …

Explained | The DLI scheme and the chip making industry in India
2 years, 10 months ago

Explained | The DLI scheme and the chip making industry in India

The Hindu  

The story so far: India has invited applications from 100 domestic companies, startups and small and medium enterprises to become a part of the design-linked incentive scheme. The DLI scheme aims to provide financial and infrastructural support to companies setting up fabs or semiconductor making plants in India. The inception of new companies will help in meeting the demand and …

Budget 2022 | India Inc. seek Budget sops from govt. for creating jobs
2 years, 10 months ago

Budget 2022 | India Inc. seek Budget sops from govt. for creating jobs

The Hindu  

Ahead of the Union Budget 2022-23, Indian industry has urged the government to offer incentives for creating jobs, including special sops under the Production Linked Incentive schemes already announced. The plea assumes significance amid growing concerns about high unemployment levels in the country, even as a FICCI survey of manufacturing firms showed that 75% of firms don’t plan to hire …

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