Full update on India’s massive PLI boost to manufacturing
1 year, 7 months ago

Full update on India’s massive PLI boost to manufacturing

Live Mint  

When the product-linked incentive scheme was first launched in 2021, the government aimed at investing ₹1,970 billion, creating 60 lakh jobs and producing goods worth ₹30 trillion in the span of five years. Since the PLI scheme was first introduced in 2020, Dixon Technologies has received five approvals for manufacturing mobile, telecom & networking products, IT hardware, air conditioners, and LED lighting. Going forward, the company's revenue growth will be driven by high exports due to the government's push to manufacture medical devices in India. Going forward, the PLI boost, the company's expansion plans, and the growing demand for ready-to-eat foods will drive its growth in the medium term. The company's top management said the PLI scheme would help it become globally competitive by including margin-accretive products in its portfolio.

History of this topic

PLI expansion on hold as government prioritises existing schemes amid disbursement challenges
4 weeks, 1 day ago
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 nearly 4% to GDP per annum, finds report
2 years, 5 months ago
PLI scheme: Auto component companies hope to pare imports
3 years, 2 months ago
To Boost Domestic Production, Govt OKs Rs 6,238 Crore PLI Scheme for Air-conditioners, LED Lights
3 years, 8 months ago
Govt approves PLI scheme for air-conditioners, LED lights
3 years, 8 months ago
PLI scheme likely to boost India's manufacturing output by $520 billion in 5 years: PM Modi
3 years, 9 months ago
How PLI scheme is boosting Indian manufacturing
3 years, 10 months ago
Centre approves Rs 12,000-cr PLI scheme for telecom sector; manufacturing to get major push
3 years, 10 months ago
India Aims to Surpass China to Become World's Largest Smartphone Manufacturing Hub: Govt
4 years ago
PLI scheme will make India ’highly competitive’ in global economy: Niti Aayog CEO
4 years ago
Make In India: Rs 5000 Crore PLI Push For Technology Product Manufacturing In India Includes Laptops
4 years, 1 month ago
Govt approves 16 applicants for claiming benefits under PLI scheme
4 years, 2 months ago

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