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Centre reopens application window for White Goods under the PLI scheme
5 months, 2 weeks ago

Centre reopens application window for White Goods under the PLI scheme

Live Mint  

New Delhi: Manufacturers are being invited to make investments under the production linked incentive scheme for white goods—specifically air conditioners and LED lights—under an extended window, the Centre said on Monday. “The application window for the PLI Scheme for White Goods is being reopened based on the appetite of the industry to invest more under the scheme, which is an …

Investments Lights Centre Led Scheme Pli Components
The budget should enhance our ease of doing business globally
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 …

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Civil Aviation Min Notifies Operational Guidelines for Drone PLI Scheme
2 years ago

Civil Aviation Min Notifies Operational Guidelines for Drone PLI Scheme

News 18  

The civil aviation ministry has notified the operational guidelines for the Production Linked Incentive scheme for drones and drone components. The total PLI per manufacturer is capped at Rs 30 crore which is 25 per cent of the total financial outlay of Rs 120 crore. Indian MSMEs and startups manufacturing drones and having annual sales turnover of Rs 2 crore …

Drone Crore Lin Scheme Pli Min Incentive
Civil aviation ministry outlines operational guidelines for PLI scheme for drones and drone components
2 years ago

Civil aviation ministry outlines operational guidelines for PLI scheme for drones and drone components

India TV News  

PLI scheme: The civil aviation ministry has outlined the operational guidelines for the Production Linked Incentive scheme for drones and drone components. According to reports, the PLI scheme is to be implemented during the 2022-23 to 2024-25 period for which the central government has granted an outlay of Rs 120 crore. According to the ministry's notification, Indian MSMEs and startups …

Crore Ministry Scheme Pli Drones Incentive Pli Scheme
Specialty steel | Govt again extends deadline to apply for PLI scheme till July 31
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
Govt Receives 10 Applications for PLI Scheme for Specialty Steel; Mulls to Extend Last Date Again
2 years, 7 months ago

Govt Receives 10 Applications for PLI Scheme for Specialty Steel; Mulls to Extend Last Date Again

News 18  

The government’s ambitious PLI scheme for specialty steel has received just 10 applications, even as the last date to submit interest under the scheme was extended twice, after certain concerns were raised by steel makers. The last date to submit applications under the PLI Scheme for specialty steel is expected to be extended again for the third time, a senior …

Last Date Pli Scheme Specialty Steel 10 Applications Speciality Steel
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
Production-linked incentives: A well-designed scheme
3 years, 8 months ago

Production-linked incentives: A well-designed scheme

Live Mint  

One little-noticed scheme is bringing large manufacturing capacity to India. Lost in the news shuffle caused by the pandemic, the government’s production-linked incentive scheme, instituted in April 2020 for large-scale electronics manufacturing in India, has gained significant traction over the past year. It offers a simple and direct incentive based on incremental sales, designed to boost domestic manufacturing and attract …

India Investment Manufacturing Companies Incentives Wto Incentive
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 …

India China Plan Scheme Pli