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1 month, 3 weeks ago

Govt to Consider Reintroducing PLI Scheme for Specialty Steel

The government is considering approving a ₹4,000-crore production linked incentive (PLI) scheme for specialty steel next month to boost the domestic production of the alloy and curb imports. The approval from the empowered group of secretaries (EGoS) will pave the way for the launch of the second phase of the incentive scheme (PLI 2.0). The scheme is expected to offer …

Government Law Economy Steel New Delhi

5 months ago

Budget 2024: PLI scheme may get big boost, these sectors in focus

India Today

Finance Minister Nirmala Sitharaman is set to present the full budget of the 'Modi 3.0' government, with the production-linked incentive scheme expected to be a major focus, with sources suggesting a revamp to include more sectors, particularly those that generate employment. Read Full Budget 2024 Coverage The total PLI incentive in FY23 was Rs 2,002 crore, with revised estimates for …

Budget Sectors Pli Schemes

5 months, 1 week ago

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

India TV News

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget next week, the private space sector has outlined several key expectations. "More money for space-related acquisitions, tax holidays, import holidays, and PLI scheme for space," Pixxel Space co-founder and CEO Awais Ahmed told the media when asked about his wishlist for the budget. "ISpA calls for a commitment from …

Industry Tax Pti Sector Bhatt Space Budget

11 months ago

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing

India TV News

To incentivise the manufacturing sector and generate employment, the government may extend the scope of the Production-Linked Incentive scheme in the upcoming budget. Zameer Malik, CEO of Kulsum's Kaya Kalp, said that the government is expected to continue prioritizing capital expenditure, particularly in the infrastructure sector, to drive economic growth. Gurmit Singh Arora, president of the Indian Plumbing Association, said …

Budget Pti Rs India 2024 Govt

11 months, 1 week ago

‘Breaking the Mould’ book review: An unrealistic vision of the future

Live Mint

Decades ago, the great trade economist Jagdish Bhagwati observed that India’s “misfortune” was to have almost too many “brilliant economists, an affliction that Far Eastern super-performers were spared”. In his latest book, Breaking The Mould: Reimagining India’s Economic Future, co-authored with Penn State professor Rohit Lamba, Rajan begins well by explaining why the Narendra Modi government’s subsidies to boost the …

India China Authors Manufacturing Indian New Delhi Pli

1 year ago

Thomson Affordable Laptop Manufacturing India Sahasra Group PLI 2.0

ABP News

India's production-linked incentive scheme for IT hardware manufacturing has just received a new boost as Sahasra Group, a newly approved government beneficiary based in Noida in Uttar Pradesh has secured its first order to produce laptops for the French electronics brand Thomson locally, the media has reported. To recall, homegrown contract manufacturer Dixon Technologies was exploring producing laptops within the …

India Laptops Laptop Pli It Hardware Report Thomson Sahasra Group

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

1 year, 4 months ago

India’s move to boost PC manufacturing, and the sluggish shipments speed bump

Hindustan Times

There can always, as it should, be a debate about how policies are introduced and implemented. Yet, the very reason behind the government of India’s temporarily delayed move to restrict computing device imports, which would include PCs, laptops and tablets, shouldn’t get obscured. “The policy announcement is designed to boost Make in India, and especially, the PLI Scheme 2.0 for …

India China Research Manufacturing Imports Million Devices

1 year, 7 months ago

Govt makes renewed push to boost hardware manufacturing

Live Mint

New Delhi : The Union cabinet on Wednesday approved a six-year production-linked incentive scheme for IT hardware, including laptops, tablets, personal computers, servers and edge computing devices, with an outlay of ₹17,000 crore. Telecom minister Ashwini Vaishnaw said the scheme would attract top hardware companies such as HP, Dell and Apple to India. “We’re confident that the changes made in …

India Manufacturing Indian Electronics Hardware Vaishnaw Pli

1 year, 7 months ago

Cabinet clears ₹17,000 cr-IT Hardware PLI Scheme 2.0

The Hindu

The Cabinet, chaired by Prime Minister Narendra Modi, on May 17 approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of ₹17,000 crore. PLI Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices. The government in February 2021 approved the PLI scheme for IT hardware, covering the production …

India Mobile Phones Production Crore Cabinet Scheme Pli

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 …

India Investing Mobile Phones Products Manufacturing Indian Company

1 year, 8 months ago

Around ₹30cr disbursed by government under drone PLI scheme: Official

Hindustan Times

The government has disbursed around ₹30 crore during fiscal year 2022-23 under the Production Linked Incentive Scheme for 12 drone manufacturers and 11 drone component manufacturers, a government official confirmed to HT. “The eligibility norm for Ministry of Micro, Small and Medium Enterprises and startups is at nominal levels and the coverage of the scheme also includes developers of drone-related …

India Drone Scheme Pli This Scheme Pli Scheme

1 year, 10 months ago

Production Linked Incentive Scheme: How does it aim to drive India’s economic growth?

Live Mint

The Union Budget 2023-24 has allocated Rs 8,083 crore for various production linked incentive schemes. Production Linked Incentive Schemes in India have been gaining traction as a policy tool to promote manufacturing and spur economic growth. In India, the government introduced the Production Linked Incentive Scheme in April 2020, with the aim of promoting manufacturing activities in the country. The …

India Manufacturing Indian Production Incentives Scheme Schemes

1 year, 11 months ago

Budget 2023: Local manufacturing likely to get huge boost amid global economic slowdown

India Today

The central government is working on a crucial plan to boost India’s GDP growth in FY24 to tackle the impact of the global economic slowdown that is likely to get worse. PLI allocation and incentive boost likely High-impact manufacturing sectors like electronics and IT hardware could get a significant top up in allocation under the PLI scheme, as per people …

India Budget Manufacturing Scheme Pli Allocation Local Manufacturing

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 …

India Scheme Pli Chip Incentive Scheme Manufacturing Report

1 year, 11 months ago

Indian Govt Wants Apple To Make iPads And MacBook In The Country, Plans PLI Boost For Production

News 18

The Indian government wants Apple to manufacture iPads and MacBooks in the country, for which it is reportedly mulling an increase in the outlay for production-linked-incentive or PLI that goes into IT hardware manufacturing. As per sources quoted in a TOI report this week, the government has seen the potential of Apple’s production layout thanks to the wide base iPhone …

Indian Apple Pli Ipad Ipads Macbooks Country India

1 year, 11 months ago

The budget should enhance our ease of doing business globally

Live Mint

During the last couple of years, the government has taken many positive steps to come out with relief and reform measures to manage the impact of the covid pandemic on the Indian economy and industry. A set of general principles applied in the duty structure would encourage domestic manufacturing and calibrate it in alignment with global trade trends in a …

Business India Products Customs Duty Export Scheme

2 years, 2 months ago

National Logistics Policy: What makes it so relevant and how PM Gati Shakti gives the right thrust

Firstpost

The National Logistics Policy is a combination of policy plus performance, which is equal to progress and is the result of eight long years of hard work “To ensure quick last mile delivery, end transport-related challenges, save time and money of the manufacturers, prevent wastage of the agro-products, concerted efforts were made and one of the manifestations of those efforts …

India Policy World Logistics Sector Modi Pli

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

2 years, 3 months ago

What is PLI scheme? All you need to know about its benefits

Firstpost

PLI schemes are a cornerstone of the ‘Make in India’ campaign which wants to reduce India’s dependence on exports and transform it into a global manufacturing hub The Union government has announced several production-linked incentive schemes over the years. Furthermore, in this year’s Budget speech Finance Minister Nirmala Sitharaman had announced an outlay of Rs 1.97 lakh crore for PLI …

India Manufacturing Centre Scheme Schemes Pli Incentive

2 years, 3 months ago

Focus on innovation, government-industry synergy key for India to become pharmacy of the world

Firstpost

The Indian pharma industry is strongly positioned in terms of production capacity and is also committed to growth Indian pharma industry currently ranks third in terms of pharmaceutical production by volume. A multi-pronged approach to innovation The R&D and clinical trials in the Indian pharma industry are traditionally risk-averse as they face several obstacles that may stifle innovation, such as …

Global India Innovation Industry Indian Production Pharma

2 years, 5 months ago

PLI scheme has potential to add 4% to India’s GDP annually, here’s why

Live Mint

The production-linked incentives scheme which is expected to boost the manufacturing sector has the potential to 4% to GDP per annum in terms of incremental revenues. The scheme which is aimed to offering nearly ₹2.4 lakh crore incentives in key business areas over the next five years, has seen maximum response from the electronics, auto components, and pharma sectors, according …

Manufacturing Report Manufacturing Companies

2 years, 5 months ago

Specialty steel | Govt again extends deadline to apply for PLI scheme till July 31

The Hindu

The government has extended for the fourth time the deadline to submit applications under the production-linked incentive scheme for specialty steel till July 31, 2022. Initially, March 29 was the last date for manufacturers to apply for the benefits under the PLI scheme for speciality steel. According to a Steel Ministry notification dated June 29, ".the undersigned is directed to …

Steel Pli Pli Scheme Specialty Steel

2 years, 5 months ago

PLI Scheme for White Goods: Adani, LG, Wipro, 12 Others Selected Under Round 2

News 18

The government on Tuesday said it has selected 15 companies, including Adani Copper Tubes, LG Electronics, Mitsubishi Electronics, and Wipro, with a committed investment of Rs 1,368 crore, under the second round of production-linked incentive for white goods. As many as 19 companies, including LG Electronics and Wipro, had filed applications with a proposed investment of Rs 1,548 crore to …

Investment Companies White Crore Round Scheme Pli

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Articles for Pli, search results for boost

Govt to Consider Reintroducing PLI Scheme for Specialty Steel

Budget 2024: PLI scheme may get big boost, these sectors in focus

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing

‘Breaking the Mould’ book review: An unrealistic vision of the future

Thomson Affordable Laptop Manufacturing India Sahasra Group PLI 2.0

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

India’s move to boost PC manufacturing, and the sluggish shipments speed bump

Govt makes renewed push to boost hardware manufacturing

Cabinet clears ₹17,000 cr-IT Hardware PLI Scheme 2.0

Full update on India’s massive PLI boost to manufacturing

Around ₹30cr disbursed by government under drone PLI scheme: Official

Production Linked Incentive Scheme: How does it aim to drive India’s economic growth?

Budget 2023: Local manufacturing likely to get huge boost amid global economic slowdown

Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report

Indian Govt Wants Apple To Make iPads And MacBook In The Country, Plans PLI Boost For Production

The budget should enhance our ease of doing business globally

National Logistics Policy: What makes it so relevant and how PM Gati Shakti gives the right thrust

Cabinet approves second tranche of PLI scheme to boost manufacturing of solar modules

What is PLI scheme? All you need to know about its benefits

Focus on innovation, government-industry synergy key for India to become pharmacy of the world

PLI scheme has potential to add 4% to India’s GDP annually, here’s why

Specialty steel | Govt again extends deadline to apply for PLI scheme till July 31

PLI Scheme for White Goods: Adani, LG, Wipro, 12 Others Selected Under Round 2