Concerned departments may consider course correction if PLI scheme not picking up: DPIITSecretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said the concerned ministries have to s...
13 Jun, 2023, 06.17 PM IST
Do not introduce PLI for small firm-dominated products: GTRI to GovtThink tank GTRI has advised the Indian government not to extend its PLI scheme to small firms for products like leather shoes and handicraf...
22 May, 2023, 01.14 PM IST
Some more PLIs: FY24 could be inflection point for surge in India’s manufacturing capexWith the PLI scheme in place, the annual investment in India’s manufacturing sector may remain high for a few years from FY2023-24. But que...
28 Jan, 2023, 10.52 PM IST
How Budget is shaping the journey for the catalyst of India's world factory dreamsUnion Budget 2023: PLI schemes have been introduced to boost domestic manufacturing, enhance employment opportunities, reduce imports and i...
23 Jan, 2023, 08.31 PM IST
Government may announce PLI scheme for more sectors in BudgetThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
20 Jan, 2023, 07.02 PM IST
Business leaders see Budget to define 'Amrit Kaal', expect extension of PLI scheme to other sectors: Deloitte surveyUnion Budget 2023: An overwhelming number of the leaders in the survey expect the Budget to fuel growth across industries by building stron...
13 Jan, 2023, 04.22 PM IST
Govt working to extend Rs 3,500-crore PLI benefits to BIS-compliant toysWith many toy components not being manufactured in India, such as certain electronic parts and fabric used in soft toys, the government may...
04 Dec, 2022, 11.30 PM IST
Will FM Sitharaman announce more PLI schemes in Budget 2023?The government is considering proposals to extend Rs 35,000 crore PLI scheme to different sectors such as leather, bicycle, some vaccine ma...
28 Oct, 2022, 12.02 PM IST
Govt to extend PLI to more sectors, considering proposals for extending Rs 35,000 cr schemeWith the objective of giving a boost to the domestic manufacturing segment, the government is considering proposals to extend Rs 35,000 cro...
16 Oct, 2022, 01.32 PM IST
Working on PLI schemes for more sectors: Piyush Goyal"We came up with PLI for 14 sectors apart from semiconductor... We are willing to go the extra mile in other sectors. We are working on a f...
21 Sep, 2022, 01.21 AM IST
Why are you hesitating to get into manufacturing, FM Nirmala Sitharaman asks India IncFinance Minister Nirmala Sitharaman on Tuesday sought to know from India Inc what is stopping them from getting into manufacturing when cou...
14 Sep, 2022, 02.30 PM IST
Discussion to extend PLI scheme to more sectors underwayThe objective of this PLI scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost ex...
12 Sep, 2022, 11.55 AM IST
Govt planning PLI scheme for toys, lab-made gems, bicyclesWith the successful rollout of PLI schemes for 14 sectors to create national manufacturing champions, discussions are on to have similar in...
24 Aug, 2022, 11.13 PM IST
Why the govt needs to promote electric bicyclesWhile the government has come up with EV subsidy programs, it is FAME (Faster Adoption and Manufacturing of Electric Vehicle) that has faci...
20 Jan, 2022, 03.19 PM IST
Why not a PLI scheme for e-cycles, pray?While the Centre has rolled out the scheme, Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (EVs), or FAME, to step up pr...
24 Dec, 2021, 11.39 PM IST
Electric bicycle business seems to be at risk: HMC Group MD Pankaj Munjal"In the next five years, India would lose a visible pipeline of Rs 10,000 crore worth of export orders of e-bicycles if the re-shored capab...
04 Oct, 2021, 08.55 PM IST
Hero Cycles in talks with Slovakia company for e-bike facilityThe company is in advanced negotiation with a bike maker in Slovakia for a partnership or an alliance which will give the company a footpri...
10 Apr, 2021, 01.04 PM IST