Production-linked sops to be extended to solar PV makers
4 years, 3 months ago

Production-linked sops to be extended to solar PV makers

Live Mint  

India is preparing to offer incentives to producers of high-efficiency solar photovoltaic modules and battery storage as part of moves to attract global firms that are planning to shift manufacturing out of China, said a person aware of the development. While a package for ₹18,000 crore is in the works for battery storage manufacturing over the next six years, the government is also looking at a similar ₹4,500 crore scheme to attract solar PV makers. The Centre last month received applications from top global and domestic mobile phone makers such as Samsung, Pegatron, Wistron, Foxconn, Rising Star, Lava, Micromax, among others, under the PLI scheme. Under the PLI scheme, the government plans to give 4-6% incentive to eligible electronic companies on incremental sales of manufactured goods—mobile phones and electronic components such as printed circuit boards, sensors, among others—for a period of five years. India also plans to offer land near its ports to companies for building solar equipment factories, as it seeks to attain self-reliance and challenge China’s dominance.

India China Plan Scheme Pli  manufacturing  plan  global  china  scheme  pli  attract  makers  solar  crore  productionlinked  pv  companies  sops  extended

History of this topic

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 …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
10 months ago

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar

India TV News  

India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar. Reflecting on India's semiconductor journey, Chandrasekhar highlighted the strides made since 2014, particularly after the launch of the semiconductor programme in January 2020. Chandrasekhar highlighted India's …

PLI scheme led to 500,000 jobs in mobile phone manufacturing industry: Vaishnaw
1 year ago

PLI scheme led to 500,000 jobs in mobile phone manufacturing industry: Vaishnaw

Hindustan Times  

The production-linked incentive scheme has led to the creation of 500,000 jobs in the mobile phone manufacturing industry, Union communications, electronics, and information technology minister Ashwini Vaishnaw has said. “Of all the mobile phones used in India, 99.2% are made in India,” he said as he visited Dixon Technologies’ manufacturing facility in Noida on Thursday. Dixon’s executive chairman Sunil Vachani …

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, …

‘80% funds allocated for semiconductor manufacturing scheme remain unused’
1 year, 1 month ago

‘80% funds allocated for semiconductor manufacturing scheme remain unused’

The Hindu  

About $8 billion of the $10 billion allocated by the Union government for the production of semiconductors under the production-linked incentive scheme remains untapped, a top Industry Ministry official said on Tuesday. Urging Korean investors, who have invested $5.6 billion in India since April 2000, to use the semiconductor PLI along with upcoming opportunities for investments in battery storage solutions, …

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 …

Mobile manufacturing exceeds 2 billion units through 'Make in India' initiative: Report
1 year, 4 months ago

Mobile manufacturing exceeds 2 billion units through 'Make in India' initiative: Report

India TV News  

'Make in India' mobile phone shipments crossed the 2-billion cumulative units mark during 2014-2022, registering a 23 per cent Compound annual growth rate, the latest research showed on Monday. "Local value addition in India currently stands at an average of more than 15 per cent, compared to the low single digits eight years ago," he informed. "Going forward, we may …

From mobile phones to chips, India manufacturing enters golden era
1 year, 6 months ago

From mobile phones to chips, India manufacturing enters golden era

India TV News  

In 2018, South Korean giant Samsung inaugurated the world's largest mobile factory in India. The 35-acre facility at Sector 81 in Noida, Uttar Pradesh, saw Prime Minister Narendra Modi and South Korean President Moon Jae-in officially inaugurating it together -- placing the country firmly on the global manufacturing map. Vedanta and Foxconn signed a Memorandum of Understanding with the Gujarat …

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 …

MNRE focuses on EoDB for PV makers
1 year, 7 months ago

MNRE focuses on EoDB for PV makers

Deccan Chronicle  

New Delhi: In a move to cut the cost to solar PV manufacturers, time between application to enlistment, compliance burden and increasing ease of doing business, the ministry of new and renewable energy also allow an exemption from factory inspection in case of enlistment of additional models in ALMM. The manufacturers are also allowed to withdraw applications prior to factory …

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation
1 year, 10 months ago

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation

News 18  

The India Electronics and Semiconductor Association and the US Semiconductor Industry Association have announced plans to develop a private-sector task force to strengthen collaboration between both countries in the global semiconductor ecosystem, just ahead of Finance Minister Nirmala Sitharaman presenting the Union Budget 2023. These are developing a “readiness assessment” regarding the semiconductor ecosystem in India; assembling industry, government, and …

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 …

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 …

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar
2 years, 2 months ago

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar

Firstpost  

The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with an investment of Rs 1.53 lakh crore Bengaluru: The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in the next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar …

PM Modi’s massive manufacturing push. Five Indian companies riding the tailwind
2 years, 2 months ago

PM Modi’s massive manufacturing push. Five Indian companies riding the tailwind

Live Mint  

In March 2020, the Modi government approved a new incentive program called the Production Linked Incentive Scheme for large-scale electronics manufacturing. As per the approved scheme, benefits worth ₹195 bn will be given by the government to solar PV manufacturers for five years after commissioning the PV manufacturing plants. In the five years, it's expected that about 65,000 MW per …

Explained | A push for the semiconductor industry
2 years, 2 months ago

Explained | A push for the semiconductor industry

The Hindu  

The story so far: In a bid to make India’s $10 billion chip-making initiative more attractive to investors, the Centre on September 21, approved changes to the scheme for the development of a semiconductor and display manufacturing ecosystem in the country. In December 2021, India announced its roughly $10 billion dollar production-linked incentive scheme to encourage semiconductor and display manufacturing …

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 …

With ₹19,500-crore PLI plan, sun shines on solar cell units
2 years, 3 months ago

With ₹19,500-crore PLI plan, sun shines on solar cell units

The Hindu  

The Union Cabinet on Wednesday cleared a ₹19,500-crore scheme to incentivise manufacturing of domestic solar cell modules to reduce the industry’s reliance on China-made panels. Officials from the Ministry of New and Renewable Energy, the nodal body charged with administering the programme, estimate manufacturing capacity worth 65,000 MW of fully and partially integrated, solar PV modules to be installed over …

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 …

Domestic solar equipment makers flag low capacity utilisation, seek government intervention
2 years, 9 months ago

Domestic solar equipment makers flag low capacity utilisation, seek government intervention

The Hindu  

The All India Solar Industries Association has urged the government to intervene amid concerns that solar equipment manufacturing units were operating at 30% capacity due to massive imports by traders from China. In a letter to Power Minister R.K. Singh, the representative association for domestic solar equipment makers said: “Having been hopeful of revival for the last decade and survived …

Five firms submit proposal of Rs 1.53 lakh cr to set up semiconductor, display plants
2 years, 10 months ago

Five firms submit proposal of Rs 1.53 lakh cr to set up semiconductor, display plants

India Today  

The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 lakh crore, an official statement said on Saturday. Vedanta Foxconn JV, IGSS Ventures and ISMC propose to set up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 billion from the …

Centre approves 14 eligible applicants under PLI scheme for IT hardware
3 years, 5 months ago

Centre approves 14 eligible applicants under PLI scheme for IT hardware

Business Standard  

The Ministry of Electronics and IT on Thursday approved 14 eligible applicants under the Production Linked Incentive Scheme for IT hardware. PLI Scheme for IT Hardware notified on 3rd March 2021, extends an incentive of 4 percent to 2 percent/1 percent on net incremental sales of goods under target segments that are manufactured in India to eligible companies, for a …

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 …

Govt approves PLI scheme for air-conditioners, LED lights
3 years, 8 months ago

Govt approves PLI scheme for air-conditioners, LED lights

Hindustan Times  

The government on Wednesday approved a production-linked incentive scheme for air-conditioner and LED light sectors with an outlay of ₹6,238 crore. The PLI scheme for white goods will extend an incentive of 4-6% on incremental sales of goods manufactured in India for a period of five years to companies engaged in manufacturing of ACs and LED lights, the government announced …

Production-linked incentive scheme to boost India's manufacturing output by $520 billion in 5 years, says Narendra Modi
3 years, 9 months ago

Production-linked incentive scheme to boost India's manufacturing output by $520 billion in 5 years, says Narendra Modi

Firstpost  

New Delhi: Prime Minister Narendra Modi on Friday said production-linked incentive scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country’s production by $520 billion in the next five years. In this year’s Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and “there is an …

PLI scheme likely to boost India's manufacturing output by $520 billion in 5 years: PM Modi
3 years, 9 months ago

PLI scheme likely to boost India's manufacturing output by $520 billion in 5 years: PM Modi

The Hindu  

Prime Minister Narendra Modi on Friday said production linked incentive scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. In this year's Budget, about ₹2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that …

Govt Clears Production-linked Incentive Scheme to Boost Manufacturing of Laptops, Tablets and PCs
3 years, 10 months ago

Govt Clears Production-linked Incentive Scheme to Boost Manufacturing of Laptops, Tablets and PCs

News 18  

The government on Wednesday approved a production-linked incentive scheme for laptops, tablets, all-in-one PCs and servers, as it looked to woo global players to tap India’s manufacturing capabilities. The approval of PLI scheme for these hi-tech IT hardware gadgets comes after the Cabinet last week cleared a Rs 12,195 crore scheme for telecom equipment manufacturing. Briefing reporters after a meeting …

How PLI scheme is boosting Indian manufacturing
3 years, 10 months ago

How PLI scheme is boosting Indian manufacturing

Live Mint  

The production-linked incentive scheme is a central government scheme that seeks to make India an efficient, equitable and resilient manufacturing hub, on the lines of Prime Minister Narendra Modi’s call for a self-reliant India. The scheme aims to make India self-reliant in manufacturing goods for local and export markets, positioning it as a global manufacturing hub. The production-linked incentive scheme …

Modi cabinet approves Production Linked Incentive Scheme for Telecom sector worth over Rs 12,000 crore
3 years, 10 months ago

Modi cabinet approves Production Linked Incentive Scheme for Telecom sector worth over Rs 12,000 crore

India TV News  

The government on Wednesday approved a Rs 12,195 crore production-linked incentive scheme for telecom gear manufacturing in India, a move that will position the nation as a global powerhouse for production of such equipment ahead of 5G roll-outs. The scheme is expected to bring investment of over Rs 3,000 crore and generate huge direct and indirect employment and taxes both, …

Centre approves Rs 12,000-cr PLI scheme for telecom sector; manufacturing to get major push
3 years, 10 months ago

Centre approves Rs 12,000-cr PLI scheme for telecom sector; manufacturing to get major push

Firstpost  

Union minister Ravi Shankar Prasad said the Centre is positioning India as a global powerhouse for manufacturing, and has created a conducive environment for ease of doing business New Delhi: The Cabinet has approved production-linked incentive scheme worth Rs 12,195 crore for telecom equipment manufacturing, Union minister Ravi Shankar Prasad said on Wednesday. Briefing reporters after a meeting of the …

Govt Approves Over Rs 12,000 Crore Manufacturing Push for Telecom Equipment
3 years, 10 months ago

Govt Approves Over Rs 12,000 Crore Manufacturing Push for Telecom Equipment

News 18  

The government on Wednesday approved a 12,195 crore production-linked incentive scheme for telecom gear manufacturing in India, a move that will position the nation as a global powerhouse for production of such equipment ahead of 5G roll-outs. The scheme is expected to bring investment of over Rs 3,000 crore and generate huge direct and indirect employment and taxes both, an …

Expenditure Finance Committee Approves PLI Scheme on ACs & LEDs, Draft Cabinet Note Sent to Commerce Min
3 years, 10 months ago

Expenditure Finance Committee Approves PLI Scheme on ACs & LEDs, Draft Cabinet Note Sent to Commerce Min

News 18  

The Department for Promotion of Industry and Internal on Friday said that the Finance Expenditure Committee has approved the PLI scheme on air-conditioners and LEDs and that the draft cabinet note has been sent to the Commerce Minister for his consideration. In November, the Union Cabinet had approved Rs 6,238 crore outlay for these two sectors, air conditioners and LED …

India Aims to Surpass China to Become World's Largest Smartphone Manufacturing Hub: Govt
4 years ago

India Aims to Surpass China to Become World's Largest Smartphone Manufacturing Hub: Govt

News 18  

India is now aiming to surpass China in the field of mobile manufacturing with the production-linked incentive scheme attracting global majors in this segment to the country, telecom and IT minister Ravi Shankar Prasad said on Monday. The National Policy on Electronics 2019 envisages electronic manufacturing turnover of more than Rs 26 lakh crore by 2025, out of which Rs …

Pushing India to surpass China in mobile manufacturing: Ravi Shankar Prasad
4 years ago

Pushing India to surpass China in mobile manufacturing: Ravi Shankar Prasad

The Hindu  

India is now aiming to surpass China in mobile manufacturing with the production-linked incentive scheme attracting global majors, Telecom and IT Minister Ravi Shankar Prasad said on December 14. The National Policy on Electronics 2019 envisages electronic manufacturing turnover of more than ₹26 lakh crore by 2025, out of which ₹13 lakh crore is expected to come from the mobile …

PLI scheme will make India ’highly competitive’ in global economy: Niti Aayog CEO
4 years ago

PLI scheme will make India ’highly competitive’ in global economy: Niti Aayog CEO

Live Mint  

The central government is taking various measures to make India highly competitive in the global economy, Niti Aayog CEO Amitabh Kant said on Saturday. The production-linked incentive scheme for 10 key sectors, which the government announced last month, should spur growth in manufacturing in a big way, Niti Aayog CEO believed. "It is a $26-billion scheme, which provides production-linked incentives …

Make In India And Tech Exports Will Get A Boost With The Well Timed PLI Scheme, Believes Qualcomm
4 years ago

Make In India And Tech Exports Will Get A Boost With The Well Timed PLI Scheme, Believes Qualcomm

News 18  

Technology company Qualcomm believes that the Production-Linked Incentive scheme introduced by the government of India earlier this year, is well timed and should put telecom, components and tech manufacturing ecosystems in a great position for the future. The government has pushed the PLI scheme in multiple phases over the past few months, to include sectors including smartphone manufacturing, electronics and …

Make In India: Rs 5000 Crore PLI Push For Technology Product Manufacturing In India Includes Laptops
4 years, 1 month ago

Make In India: Rs 5000 Crore PLI Push For Technology Product Manufacturing In India Includes Laptops

News 18  

The government of India has further widened the scope of the Production-Linked Incentive Scheme to boost manufacturing in India. The PLI scheme for the electronics and technology products has an approved outlay of Rs 5000 crore for a five-year period. The PLI scheme will boost the production of electronic products in India,” says the official press statement confirming the cabinet …

Centre unveils PLI to encourage domestic manufacturing in 10 more sectors
4 years, 1 month ago

Centre unveils PLI to encourage domestic manufacturing in 10 more sectors

The Hindu  

The government on Wednesday unveiled a production-linked incentive scheme to encourage domestic manufacturing investments in ten more sectors, with an estimated outlay of about ₹1.46 lakh crore over the next five years. The ten sectors, which Finance Minister Nirmala Sitharaman said had been identified on the basis of their potential to create jobs and make India self-reliant, include food processing, …

Cabinet Approves PLI Scheme Worth About Rs 2 Lakh Crore, Says FM Nirmala Sitharaman
4 years, 1 month ago

Cabinet Approves PLI Scheme Worth About Rs 2 Lakh Crore, Says FM Nirmala Sitharaman

News 18  

The government on Wednesday approved a Production-Linked Incentive scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 lakh crore over a five-year period. The five-year PLI scheme, which aims at making Indian manufacturers' competitive globally, was approved by the Union Cabinet, Information and Broadcasting Minister Prakash Javadekar told …

Govt approves 16 applicants for claiming benefits under PLI scheme
4 years, 2 months ago

Govt approves 16 applicants for claiming benefits under PLI scheme

Live Mint  

The union government on Tuesday said 16 global and domestic mobile phone and electronic components manufacturing companies, including Samsung, Foxconn Hon Hai, Wistron and Pegatron, Lava, Bhagwati, among others are now eligible applicants under its flagship performance-linked incentive scheme. The PLI scheme aims to boost local production and make India a global hub of electronic manufacturing and will pave way …

Atmanirbhar Bharat: Govt clears 10 companies for mobile phone PLI scheme
4 years, 2 months ago

Atmanirbhar Bharat: Govt clears 10 companies for mobile phone PLI scheme

Live Mint  

The India government today approved ten mobile manufacturing companies for its Production Linked Incentive Scheme scheme to boost large-scale electronics manufacturing in the country as a part of the its Atmanirbhar Bharat initiative. During the approval, Ravi Shankar Prasad, Union Minister for Electronics & IT, Communications, Law and Justice said that PLI scheme has been huge success in terms of …

PLI can make India a global leader in mobile manufacturing
4 years, 4 months ago

PLI can make India a global leader in mobile manufacturing

India TV News  

With a total of 22 companies filing their application under the Production-Linked Incentive scheme announced by the government to boost electronics manufacturing in the country, experts on Saturday said the scheme can lead India to global leadership in mobile phone manufacturing. The international mobile phone manufacturing companies that have applied under the mobile phone segment are Samsung, Foxconn Hon Hai, …

Electronics manufacturers propose production worth ₹11.5 lakh cr, 12 lakh jobs: Ravi Shankar Prasad
4 years, 4 months ago

Electronics manufacturers propose production worth ₹11.5 lakh cr, 12 lakh jobs: Ravi Shankar Prasad

Live Mint  

Union IT Minister Ravi Shankar Prasad on Saturday announced that electronic manufacturers including Pegatron, Samsung, Lava and Dixon have proposed to produce mobile devices and components of over ₹11 lakh crore in the next five years under the government's new Production Link Incentives scheme to boost electronics manufacturing. A total of 22 companies have filed their application under the PLI …

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