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 …
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 …
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 …
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 …
Mobile phone manufacturers, including Samsung and Apple's vendors, are likely to miss the production target of the current financial year under the production linked incentive scheme and have approached the government to roll over timelines of the scheme. The government in October had cleared 16 proposals from domestic and international companies entailing investment of Rs 11,000 crore under the PLI …
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 …
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