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Articles for Pli, search results for massive

Chip off the block: The Hindu Editorial on semiconductor fabrication in India
1 year, 1 month ago

Chip off the block: The Hindu Editorial on semiconductor fabrication in India

The Hindu  

As funds for production-linked incentives for manufacturing semiconductors lie under-utilised by upwards of 80%, the Union government must be far clearer on what it has achieved — and aims to accomplish — by continuing to spend crores of rupees on bringing more semiconductor fabrication capabilities to India. But the central wager with these schemes, at much cost to the exchequer, …

India Manufacturing Pli Hindu Editorial
Cabinet clears ₹17,000 cr-IT Hardware PLI Scheme 2.0
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
Full update on India’s massive PLI boost to manufacturing
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
India will spend ₹3,500 crore on toys to outplay China
2 years ago

India will spend ₹3,500 crore on toys to outplay China

Live Mint  

The Union government is planning a ₹3,500 crore production-linked incentive scheme for toys that comply with Bureau of Indian Standards norms, an official said. Following this, several steps were taken, including issuing a quality control order and imposing higher customs duty on toys to prevent unsafe toys from entering the country. A number of industries are seeking PLI schemes, but …

India China Manufacturing Toys Scheme Pli Bis
PM Modi’s massive manufacturing push. Five Indian companies riding the tailwind
2 years, 2 months ago

PM Modi’s massive manufacturing push. Five Indian companies riding the tailwind

Live Mint  

In March 2020, the Modi government approved a new incentive program called the Production Linked Incentive Scheme for large-scale electronics manufacturing. As per the approved scheme, benefits worth ₹195 bn will be given by the government to solar PV manufacturers for five years after commissioning the PV manufacturing plants. In the five years, it's expected that about 65,000 MW per …

India Energy Manufacturing Power Companies Solar Company
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
Today's Business News: Sensex nosedives 1,688 pts amid global selloff, and more
3 years ago

Today's Business News: Sensex nosedives 1,688 pts amid global selloff, and more

The Hindu  

4:19 P.M. Sensex nosedives 1,688 pts amid global selloff Sensex tumbled 1,688 points on Friday, tracking a massive selloff in global markets as concerns over a new COVID-19 variant unnerved investors across the world. 1:38 P.M. China issues draft rules to govern online advertising China's market regulator proposed new rules on Friday to monitor the internet advertising sector and ensure …

Global India China South Africa Indian Jharkhand Index
Bharti Enterprises, Dixon partner to avail Centre’s PLIs for telecom gear
3 years, 8 months ago

Bharti Enterprises, Dixon partner to avail Centre’s PLIs for telecom gear

Live Mint  

NEW DELHI: Bharti Enterprises Ltd and consumer durable manufacturer Dixon Technologies Ltd have inked a pact to form a joint venture for availing the government’s production-linked incentive on manufacturing of telecom and networking products, according to a company statement. The new firm will manufacture telecom and networking products such as modems, routers, set top boxes, internet-of-things devices, among others, for …

India Telecom Bharti Pli Dixon Bharti Enterprises Dixon Technologies
Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts
3 years, 10 months ago

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts

Firstpost  

New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised Budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Higher capital expenditure outlay for the National Infrastructure Pipeline programme …

India Economy Infrastructure Pandemic Economic Covid Sitharaman