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Articles for Pli, search results for approves

Boost for Make in India: GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme
1 year, 1 month ago

Boost for Make in India: GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme

Firstpost  

The new subsidies will directly create at least 50,000 jobs and indirectly, about 150,000 more jobs. The approved companies include Dell, HP, and Asus In a strategic move to enhance domestic manufacturing and position itself as a key player in the global electronics supply chain, India has sanctioned subsidies for some of the world’s leading tech hardware companies. Four companies …

India China Tech Manufacturing Indian Companies Foxconn
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.” …

India Manufacturing Indian Electronics Production Hardware Crore
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
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 …

Products Scheme Pli Pli Scheme Samsung 40
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
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. …

Projects Crore Singh Scheme Pli Approved Pli Scheme
Cabinet approves ₹26,058 crore PLI scheme for auto, drone sectors
3 years, 3 months ago

Cabinet approves ₹26,058 crore PLI scheme for auto, drone sectors

The Hindu  

The Union Cabinet on Wednesday approved a Rs. 26,058 crore production linked incentive scheme for auto, auto-components and drone industries to enhance India’s manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday. The Champion OEM Incentive scheme is a ‘sales value linked’ scheme, applicable on Battery Electric Vehicles and Hydrogen Fuel Cell Vehicles of all segments, the minister said. The …

India Automotive Vehicles Electric Vehicles Auto Drone Crore
Modi govt's big boost for auto sector: Rs 26,000 crore PLI scheme approved; to create 7.5 lakh jobs
3 years, 3 months ago

Modi govt's big boost for auto sector: Rs 26,000 crore PLI scheme approved; to create 7.5 lakh jobs

India TV News  

The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities. It is estimated that over a period of five years, the PLI scheme for the automobile and auto components industry will lead to fresh investment of over Rs 42,500 crore, incremental production of over Rs …

India Automotive Vehicles Electric Vehicles Auto Crore Sector
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 …

India Electronics Production Hardware Scheme Pli Inr
Centre approves Rs 18,100 crore PLI scheme to promote ACC battery manufacturing
3 years, 7 months ago

Centre approves Rs 18,100 crore PLI scheme to promote ACC battery manufacturing

India Today  

The government approved the Production Linked Incentive scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore, with the objective of promoting the 'Make in India' initiative. Welcoming the government's approval of the PLI scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore, SMEV also said it will attract huge investments in the …

India Manufacturing Battery Electric Vehicles Storage Crore Acc
Govt approves Rs 6,238 cr PLI scheme for air-conditioners, LED lights
3 years, 8 months ago

Govt approves Rs 6,238 cr PLI scheme for air-conditioners, LED lights

India TV News  

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 …

India Crore Cent Five Years Scheme Pli Led Lights
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 …

India Scheme Pli Pli Scheme Crore Incremental
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, …

India Telecom Production Crore Crores Cabinet Five Years
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 …

Cabinet Ravi Shankar Prasad
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 …

India Telecom Crore Crores Scheme Telecom Equipment
Cabinet approves PLI scheme for telecom sector
3 years, 10 months ago

Cabinet approves PLI scheme for telecom sector

The Hindu  

The Union Cabinet on Wednesday approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crore over five years. The scheme, which aims to make India a global hub for manufacturing telecom equipment, is expected to lead to an incremental production of about ₹2.4 lakh crore, with exports of about ₹2 lakh crore over five years …

Equipment Crore Scheme Telecom Equipment Pli Scheme Manufacturing Telecom
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
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 …

India Crore Cabinet Sitharaman Scheme Pli Sectors
Union Cabinet approves 2 lakh crore worth PLI scheme for 10 sectors
4 years, 1 month ago

Union Cabinet approves 2 lakh crore worth PLI scheme for 10 sectors

Live Mint  

NEW DELHI: The Union Cabinet on Wednesday approved production-linked incentives for 10 sectors, including auto, pharmaceuticals, and textiles, worth almost 2 lakh crore to boost manufacturing, make India self reliant and generate employment. The decision of the Union Cabinet was announced by information and broadcasting minister Prakash Javadekar along with finance minister Nirmala Sitharaman in New Delhi. Among sectors, auto …

India Union Cabinet Lakh Crore Javadekar
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 …

India Companies Phone Electronic Pli Scheme