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Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report
8 months, 3 weeks ago

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report

ABP News  

Since the introduction of the government's production-linked incentive scheme for smartphones in August 2021, the Apple ecosystem has directly provided employment to more than 150,000 individuals, said a new report by The Economic Times on Monday. Moreover, the rapidly expanding Apple supplier ecosystem has led to the creation of over 70,000 new direct jobs. This comes days after Union Minister …

Jobs Apple Iphone Pli India Report
Dixon Technologies: Preparing to ride a second growth wave
1 year ago

Dixon Technologies: Preparing to ride a second growth wave

Live Mint  

For Dixon Technologies, the latest edition of the government’s production-linked incentive scheme is expected to be a significant shot in the arm, especially considering how India’s largest home-grown electronics manufacturer capitalised on the earlier version. Dixon Technologies serves as a contract manufacturer for a wide range of products–including LED TVs, lighting products, semi-automatic washing machines, and mobile phones–for leading brands. …

Company Crore Pli Dixon Fy2023 Dixon Technologies Second Growth
Top Tech News June 20 Google Pixel Manufacturing India Apple Production Piyush Goyal WhatsApp Silence Incoming Calls Unknown Numbers
1 year, 6 months ago

Top Tech News June 20 Google Pixel Manufacturing India Apple Production Piyush Goyal WhatsApp Silence Incoming Calls Unknown Numbers

ABP News  

Google's Made-In-India Pixel Phones Seems like Google is following Apple's footsteps as the subsidiary of tech behemoth Alphabet Inc., is looking to establish partnerships with Indian suppliers for the local manufacturing of its Pixel smartphones. Apple's India Production Expected To Increase To 25 Per Cent The manufacturing of Apple iPhones in India is expected to increase to 25 per cent, …

India Indian Google Cent Pli Whatsapp Iphones
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 …

Vaishnaw Pli It Hardware Total Incentive
Many more PLIs in the pipeline, says Piyush Goyal
1 year, 10 months ago

Many more PLIs in the pipeline, says Piyush Goyal

Live Mint  

New Delhi: The record capex push in the union budget will drive growth and create jobs, commerce minister Piyush Goyal said in a media interaction, adding that “many” production linked incentives are in the pipeline and they would be announced after getting cabinet approval on a regular basis. Never before in the history of India has the country focused on …

India Growth Exports Pli
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,” …

India Design State Pli Scheme Vlsi
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 …

Telecom Products Companies Scheme Pli Pli Scheme Networking Products
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 …

India Incentive Pli
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 …

Global India Industry Billion Centre Scheme Pli
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 …

India Solar New Delhi Crore Pti Cabinet Five Years
PM Modi to inaugurate Drone Festival in Delhi today. Details here
2 years, 6 months ago

PM Modi to inaugurate Drone Festival in Delhi today. Details here

Live Mint  

In Delhi's Pragati Maidan, Prime Minister Narendra Modi will inaugurate India's biggest Drone Festival - Bharat Drone Mahotsav 2022 today at 10 AM. During the two-day Bharat Drone Mahotsav, over 1,600 delegates comprising government officials, foreign diplomats, armed forces, central armed police forces, PSUs, private companies and drone startups etc, will participate in the Mahotsav. The festival will also showcase …

India Pli Delhi Today Drone Components Drone Startups
Monte Carlo, Arvind, 59 others make the cut for textile PLI sops
2 years, 8 months ago

Monte Carlo, Arvind, 59 others make the cut for textile PLI sops

Live Mint  

Monte Carlo Fashions Ltd, Arvind Ltd, Trident Ltd and Kimberly Clark India Pvt. “The proposed total investment expected from the applicants is ₹19,077 crore, and the projected turnover is ₹184,917 crore over five years with proposed direct employment of 240,134,” Union textiles secretary U.P. In December, the government approved the PLI scheme for textiles, offering incentives worth ₹10,683 crore over …

India Textiles Prices Cotton Crore Singh Scheme
Bargaining Chips: Intel to Set Up Semiconductor Plant in Germany, But What about India?
2 years, 9 months ago

Bargaining Chips: Intel to Set Up Semiconductor Plant in Germany, But What about India?

News 18  

Intel announced on March 15 that Germany will be the site of a massive chipmaking facility. In September last year, Intel CEO Pat Gelsinger revealed intentions to invest $88 billion in Europe over the next decade in order to enhance chip manufacturing capacity in the region. Intel’s Plans For India According to reports from last year, Intel expressed interest in …

India Europe Germany Manufacturing Semiconductor Billion European
Budget '22: India to hold 5G spectrum auctions this year, says finance minister
2 years, 10 months ago

Budget '22: India to hold 5G spectrum auctions this year, says finance minister

Hindustan Times  

Finance minister Nirmala Sitharaman, while presenting the Union Budget 2022-23 in Parliament on Tuesday, announced that spectrum auctions will be carried out this year. Sitharaman also said that the scheme for design-led manufacturing will bring a strong ecosystem for 5G as part of the Production Linked Incentive Scheme. As India, Asia's third-largest economy, emerges from a pandemic-induced slump, the Union …

India Cent Sitharaman Finance Minister Hold 5G
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 …

Budget
Acer to manufacture laptops at Dixon Technologies’ Noida facility
3 years ago

Acer to manufacture laptops at Dixon Technologies’ Noida facility

Live Mint  

In a fresh boost to PC manufacturing in India, Taiwanese PC brand Acer announced that it going to manufacture laptops in the country in partnership with Dixon Technologies. "Acer will manufacture multiple laptops in value to mainstream segments, including the education segment, with Acer global manufacturing practices and guidance," said Harish Kohli, President and managing director, Acer India, in a …

India Manufacturing Laptops Dixon Manufacture Dixon Technologies Facility Acer
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 …

Auto Sector Cabinet Pli Scheme
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 …

Indian Scheme Pli Textile Mmf 3000 Crore Industry Looks
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 …

India Farmers Focus Exports Crore Lakh Pli
Micromax to bring in 5G phones at aggressive price points: Co-founder
3 years, 9 months ago

Micromax to bring in 5G phones at aggressive price points: Co-founder

Live Mint  

Micromax on Friday said it will significantly bolster its product portfolio this year, bringing in 5G devices as well at "aggressive price points", as the homegrown handset maker looks to re-capture its leadership position in the hyper-competitive Indian smartphone market. By March-end, we should have one more product in the market and from April onwards, the plan is to bring …

India Market Smartphones Smartphone Company Phones Cent
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 …

India Manufacturing Scheme Pli Incentive Pli Scheme
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 Scheme Pli Note Sent
Big boost to infra, healthcare in Modi sarkar's Budget 2021: Who got what
3 years, 10 months ago

Big boost to infra, healthcare in Modi sarkar's Budget 2021: Who got what

India TV News  

India's ambitious Budget 2021 had something for everyone. Image Source : PTI New Delhi: Union Finance Minister Nirmala Sitharaman speaks at Lok Sabha during the Budget Session of the Parliament, in New Delhi, Monday, Feb. 1, 2021. Image Source : PTI New Delhi: Union Finance Minister Nirmala Sitharaman at Lok Sabha during the Budget Session of the Parliament, in New …

Finance India Healthcare Tax Budget Indian Lok Sabha
Budget unveils scheme for setting up mega textile parks in India
3 years, 10 months ago

Budget unveils scheme for setting up mega textile parks in India

India TV News  

The government on Monday unveiled a scheme for setting up mega textile parks in the country, as part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector. "A scheme of mega investment textile parks will be launched in addition to the PLI scheme," Sitharaman said. She informed that 7 …

India Budget Mega Scheme Pli Textile Parks Mega Textile Parks