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PLI Scheme Can Add 4% To GDP Annually: Report

PLI Scheme Can Add 4% To GDP Annually: Report

So far, the scheme has seen maximum response from the electronics, auto components, and pharma sectors, according to Emkay Investment Managers

05 July 2022
PLI Scheme: Deadline Extended For Specialty Steel Till July 31st

PLI Scheme: Deadline Extended For Specialty Steel Till July 31st

Initially, March 29 was the last date for manufacturers to apply for the benefits under the PLI (Production-Linked Incentive) scheme for specialty steel. It...

30 June 2022

15 More Firms Selected Under PLI Scheme For White Goods

In November last year, 42 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 4,614 crore were selected

India's Export Growth Euphoria For FY22 Is Much Ado About Little

India's Export Growth Euphoria For FY22 Is Much Ado About Little

India’s exports are characterised by a high rate of volatility making the growth path episodic with discrete shifts from periods of low growth to periods of...

27 June 2022

Govt Extends PLI Scheme For Specialty Steel For Third Time Till June 30

Till now only 10 applications have been received from the players looking to invest under the Rs 6,322-crore scheme which was launched in July last year.

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23 May 2022
PM Modi Meets CEO Of Japanese Clothing Brand Uniqlo

PM Modi Meets CEO Of Japanese Clothing Brand Uniqlo

The PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme is aimed at developing textile parks through a special purpose vehicle owned by the...


22 May 2022
Govt Receives 10 Applications For PLI Scheme For Specialty Steel; Mulls To Extend Last Date Again

Govt Receives 10 Applications For PLI Scheme For Specialty Steel; Mulls To Extend Last Date Again

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 government official...


28 April 2022
iPhones Worth Rs 47,000 Crore Likely To Be Made In India Under PLI Scheme: Report

iPhones Worth Rs 47,000 Crore Likely To Be Made In India Under PLI Scheme: Report

The PLI scheme, which was launched in 2020, requires the three manufacturing companies—Foxconn, Wistron and Pegatron to manufacture iPhones worth Rs 8,000...


06 April 2022
Govt Forms Advisory Committee For Semicon India

Govt Forms Advisory Committee For Semicon India

The committee is mandated to provide key inputs for building a resilient supply chain, promoting investments, financing mechanisms, global engagement, research...


03 April 2022
Govt Mulls Modifications In PLI Scheme For Speciality Steel: Report

Govt Mulls Modifications In PLI Scheme For Speciality Steel: Report

The move is expected to attract an additional investment of about Rs 40,000 crore and generate 5.25 lakh job opportunities


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27 March 2022
Engineering, Telecom, Healthcare To Add 12 Million Jobs By FY26: Report

Engineering, Telecom, Healthcare To Add 12 Million Jobs By FY26: Report

The report is qualitative research that has surveyed and interviewed more than 750 employers/ leaders from across engineering, telecom, and healthcare...


16 March 2022
Maruti Suzuki, Hero MotoCorp, Tata Cummins Among 75 Companies To Get Incentives Under Auto PLI Scheme

Maruti Suzuki, Hero MotoCorp, Tata Cummins Among 75 Companies To Get Incentives Under Auto PLI Scheme

A proposed investment of Rs 29,834 crore is expected from the 75 approved applicants under the Component Champion Incentive Scheme.


07 March 2022
PLI Scheme: Govt Reopens Application Window For AC, LED Lights

PLI Scheme: Govt Reopens Application Window For AC, LED Lights

Already 42 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 4,614 crore, have been provisionally selected as...


21 February 2022
Indian Economy Growing Among Fastest-Growing Large Economies, Says Amitabh Kant

Indian Economy Growing Among Fastest-Growing Large Economies, Says Amitabh Kant

While referring to the government's production linked incentive (PLI) scheme for sunrise sectors, Kant said it will add $520 billion to India's output in the...


20 February 2022
Five Firms Submit Rs 1.53-Trillion Proposals To Set Up Semiconductor, Display Plants

Five Firms Submit Rs 1.53-Trillion Proposals To Set Up Semiconductor, Display Plants

Vedanta Foxconn JV, IGSS Ventures and ISMC propose to set up electronic chip manufacturing plants with $13.6 billion investment and have sought the support of...


17 February 2022
PLI Scheme To Unlock India's Manufacturing Capacity, Says ICRA

PLI Scheme To Unlock India's Manufacturing Capacity, Says ICRA

With an aim to boost manufacturing, employment generation, import reduction and exports growth, the PLI scheme covers strategically significant sectors that...


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14 February 2022
PLI For Auto Sector To Create 7.5 Lakh Jobs In Next 5 Years, Says Arun Goel

PLI For Auto Sector To Create 7.5 Lakh Jobs In Next 5 Years, Says Arun Goel

Ford, Tata Motors, Suzuki, Hyundai, Kia and Mahindra & Mahindra are among the 20 companies that will be eligible for receiving incentives under the Production...


01 February 2022
Government Allocates Rs 19,500 Crore For Solar PLI Schemes In Budget 2022-23

Government Allocates Rs 19,500 Crore For Solar PLI Schemes In Budget 2022-23

Finance Minister Nirmala Sitharaman also announced four pilot projects for coal gasification along with other green schemes.


30 January 2022
Budget Should Bring More PLI Rates To Boost Job Creation In Manufacturing, Says CII

Budget Should Bring More PLI Rates To Boost Job Creation In Manufacturing, Says CII

The Confederation of Indian Industry (CII) has suggested that employment-intensive sectors such as leather and food processing could be provided with an...


11 January 2022
115 Automobile Companies File Applications Under PLI Scheme

115 Automobile Companies File Applications Under PLI Scheme

The scheme for the sector was approved with a budgetary outlay of Rs 25,938 crore. It aims at boosting domestic manufacturing of these products.


24 October 2021
PLI Scheme: Panasonic India Plans To Spend Rs 300 Crore To Enhance Manufacturing

PLI Scheme: Panasonic India Plans To Spend Rs 300 Crore To Enhance Manufacturing

Panasonic India after a strong September quarter is hopeful of robust demand during the festive season with Covid infection remaining under control.


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