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Articles for Pli, search results for share

About 12 companies including BHEL and Kia Motors to be excluded from Auto PLI due to lag on investments
1 day, 12 hours ago

About 12 companies including BHEL and Kia Motors to be excluded from Auto PLI due to lag on investments

Live Mint  

A dozen companies including state-run Bharat Heavy Electricals Ltd and the Indian entity of Korean automaker Kia Motors will be excluded from the production-linked incentive scheme for automobiles and auto components, two people aware of the matter said, since these companies have made no investments under the scheme since it was launched in 2021. Under the scheme, if an automaker …

India Benefits Investments Companies Auto Crore Scheme
India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year
1 week, 1 day ago

India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year

Firstpost  

India’s smartphone PLI scheme has been a game-changer, transforming the sector from the country’s 23rd-ranked export in 2019 to the third-largest individual commodity export today Apple emerged as the frontrunner in November, with exports worth Rs 14,000 crore, the highest ever for the company in India. Image Credit: Reuters India’s smartphone exports have reached an unprecedented milestone, crossing the Rs …

India Samsung Electronics Smartphone Exports Crore Sector
India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26
1 month, 1 week ago

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26

Live Mint  

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. The PLI scheme, which covers both automakers and component makers, was designed to stimulate production in advanced automotive and EV sectors by providing financial incentives …

India Industry Companies Claims Incentives Scheme More Time
Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

Global India Manufacturing Electronics Exports Export Pli
Budget 2024: PLI scheme for Agrochemicals amongst industry’s Wishlist
1 year ago

Budget 2024: PLI scheme for Agrochemicals amongst industry’s Wishlist

Live Mint  

The Agrochemical industry facing significant challenges during first half posed by higher priced inventories, vagaries of the weather conditions is hoping for a rebound. Rajesh Aggarwal, Managing Director of Insecticides India said that the domestic demand scenarios is reasonable. Since domestic demand prospects remain reasonable Insecticides India will benefit from its high exposure to the domestic market. Insecticides India will …

India First Half Insecticides Insecticides India
Apple warns India's EU-style charger rules will hit local production target
1 year ago

Apple warns India's EU-style charger rules will hit local production target

Live Mint  

NEW DELHI : Apple has told India that its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the US tech giant lobbies for an exemption or delay. In a closed-door meeting on November 28 chaired by India's IT ministry, Apple asked …

India Apple Production Models Iphone Pli Iphones
Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025
1 year, 6 months ago

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025

Firstpost  

It seems that Apple wants to place some big bets on its Indian factories, and the local, Indian companies that it has partnered up with. The tech giant wants to increase India’s share in the global production of iPhones from 7% to 18% by 2025 Apple is really pushing to increase its organic presence in India. Apple recognises India’s emerging …

India Delhi Mumbai Tech Indian Production Cent
Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America
1 year, 6 months ago

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America

ABP News  

US tech giant Apple may shift over 18 per cent of its global production of iPhones to India by 2024-25 on the back of the government’s production-linked incentive scheme for mobile phones, Bank of America said in a report. India's share in global iPhone production in FY23 stood at 7 per cent. According to the BoFA report the Rs 38,000-crore …

India Mobile Phones Mobile Apple Production Phones Report
Chinese Smartphone Makers Talking To Domestic Contract Manufacturers With PLI Nod
1 year, 11 months ago

Chinese Smartphone Makers Talking To Domestic Contract Manufacturers With PLI Nod

ABP News  

Chinese handset makers such as Oppo, Xiaomi and Transsion are in talks with domestic smartphone makers like Lava Internationa, Dixon Technologies and Bhagwati, among others, in a bid to leverage the Production Linked Incentive scheme approved status of the Indian manufacturers, the media has reported. Don't miss: 2022: The Year When iPhone Manufacturing In India Got A Major Push Homegrown …

India Indian Smartphone Chinese Cent Yoy Pli
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
PLI scheme has potential to add 4% to India’s GDP annually, here’s why
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
PLI scheme has potential to add nearly 4% to GDP per annum, finds report
2 years, 5 months ago

PLI scheme has potential to add nearly 4% to GDP per annum, finds report

Firstpost  

Registration of manufacturing companies has shot up to the highest ever in the last seven years and the share of manufacturing companies in total registrations is also at almost highest level since the past decade, according to the report by Emkay Investment Mumbai: The production-linked incentives scheme, which seeks to boost manufacturing in key areas by offering nearly Rs 2.4 …

Manufacturing Companies Report Chinese Highest Fy22 Pli Scheme
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
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
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
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
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

India TV News  

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 Company Phones Sharma Cent
Phased manufacturing policy that is hardly smart
4 years, 2 months ago

Phased manufacturing policy that is hardly smart

The Hindu  

Last week, the Ministry of Electronics and Information Technology said it had approved 16 firms in the mobile manufacturing sector for the Production Linked Incentive scheme to transform India into a major mobile manufacturing hub. Focus on value of production The new PLI policy offers an incentive subject to thresholds of incremental investment and sales of manufactured goods; these thresholds …

India Policy Vietnam China Mobile Phones Mobile Manufacturing
Samsung plans to produce mobile phones worth ₹3.7 tn in India over 5 years
4 years, 4 months ago

Samsung plans to produce mobile phones worth ₹3.7 tn in India over 5 years

Live Mint  

New Delhi: Smartphone maker Samsung is planning to produce mobile phones worth ₹3.7 lakh crore in India over the next five years, according to government sources. People aware of the discussion said the company will be manufacturing smartphones worth ₹2.2 lakh crore, priced above ₹15,000 per unit, under the production-linked incentive scheme. The government expects mobile phones worth ₹11 lakh …

India Mobile Phones Mobile Electronics Phone Phones Worth