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PLI INVESTMENT CLAUSE
Government may hike IT hardware PLI sops more than double to Rs 17,000 crore in new planUnder the revised package, the scheme's validity is being increased to eight years, starting April 1. But applicants may choose the startin...
IT hardware firms flag PLI’s investment clause; is TikTok staring at a potential ban in the US?IT hardware manufacturers have urged the government to drop the fresh investment clause proposed in the revised production-linked incentive...
IT hardware companies flag PLI’s investment amid unused slack capacitiesThe firms reasoned that most manufacturers have slack capacities that first need to be used up before committing to expansion at a time whe...
DoT offers clarifications on telecom PLI, design schemesThe DoT further clarified that though the PLI scheme has been extended by one year, companies can claim benefits for only five years and no...
Government reopens white goods PLI application windowThe Union Cabinet approved the PLI scheme for White Goods for manufacture of components and their sub-assemblies on April 7, 2021. The sche...
Reliance, Hyundai, Ola among 10 companies to apply for Rs 18,100-crore PLI scheme for cell manufacturingThe scheme is expected to give a major boost to localising the EV supply chain in India. Despite being a key component for EVs, all such ve...
Govt extends PLI scheme for handsets by a year; huge relief for industryWith this announcement on Monday, mobile phone makers will now be able to treat FY22 as the first year of production instead of FY21 for th...
PLI timeline for mobile phone manufacturing may begin in FY22A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of R...
MeitY refuses to treat FY22 as first year for PLI targetsSouth Korea’s Samsung has met its targets for FY20-21, and the ministry has cited this as the reason for its decision. A senior government ...
Can’t meet FY21 target, roll over PLI milestones, handset makers tell govtICEA represents Foxconn, Wistron, Lava and Micromax among others. Samsung, which is not a member of the body, also held discussions with th...
Karnataka government may make Apple party to inquiry into violence at WistronThe Karnataka government could make Apple a party to the inquiry into the violence at the Wistron factory that makes iPhones, people famili...
Production-linked incentive schemes for 9-10 sectors soon: Rajiv Kumar, Niti Aayog“Incentivising domestic and global investors through the PLI scheme will be done while respecting multilateral trade norms and any tariff s...
India to pursue self reliance, support domestic entrepreneurs : Rajiv Kumar, Vice Chairman, Niti AayogThe government has decided to give more space to private entrepreneurs as it believes that without them India will not be able to achieve t...
India to offer production-linked incentives to more sectors, says officialThis will be done to help India regain its share in global trade, Kumar said on Friday at the Confederation of Asia Chamber of Commerce and...
Electronic manufacturers ask government to relax rule on production volume for incentivesCompanies including mobile manufacturers have argued that given the global economic crisis unleashed by the covid, there has been a sharp d...
India paves way for Apple, others to increase domestic production by removing a clauseGovt has dropped irritants from its PLI scheme, paving way for phone-makers to ramp up production in India.
Revenue department, industry at odds over manufacturing scheme implementation“The (outgoing) Merchandise Exports Incentive Scheme (MEIS) was a duty credit scrip. These scrips were automatically linked to exports, onc...