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AMENDMENTS TO PLI SCHEME
Press Note 3 of 2020 amendment provides for beneficial ownership definition: Govt to ParliamentNew rules define beneficial ownership for countries sharing land borders with India. Investors from these nations can hold up to 10% owners...- Textile PLI: Govt eases investment & turnover criteria, new co normsThe government has revised the Production Linked Incentive scheme for manmade apparel, fabrics, and technical textiles. Minimum investment ...
- Govt notifies major amendments to PLI scheme for textilesThe Textile Ministry has revised its Production Linked Incentive Scheme for textiles. Key changes include expanding eligible products, halv...
- Telecom equipment sales under PLI at Rs 78,672 cr, govt informs ParliamentTelecom equipment sales have reached Rs 78,672 crore under the PLI scheme, with Rs 14,963 crore from exports by January 2025. The scheme ha...
- Public procurement norms may be tweaked to aid makers under PLIThe govt is considering changes to its public procurement rules to benefit manufacturers participating in PLI schemes. One proposal being e...
- Tejas Networks gets near Rs 28 crore sops in FY23 under design-led PLI scheme“The said amount accounts for 85% of the total claim for FY23 and the balance 15% is expected to be released subsequently in accordance wit...
- Budget 2024: Will FM Sitharaman expand PLI scheme to other sectors or give it a miss?Union Budget: The primary goal of the production-linked incentive (PLI) scheme is to generate jobs, which India sorely needs. The governmen...
- Govt extends tenure of PLI scheme for Auto industry by a year with partial amendmentsThe Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year w...
- Telecom PLI garners Rs 2,725 cr investments till end-Oct: Devusinh ChauhanThe Indian government has received Rs 2,725 crore investments from 42 applicant companies under the production-linked incentive (PLI) schem...
- India to disburse over Rs 400 crore in incentives this FY to Nokia, Jabil & 18 others under PLI scheme for telecom gearsThe Department of Telecommunications (DoT) is set to disburse over Rs 400 crore in incentives in the current fiscal year to 20 companies, i...
- On the cards: PLI-type scheme to replace textile tech fundThe threshold for textile manufacturing units to be eligible for sops under the proposed scheme would be investment in plant and machinery ...
- PLI for Telecom gear: Government to help out selected firmsAs per officials aware of the details, the Department of Telecommunications (DoT) is reaching out to all the 42 companies that have been se...
- More companies included in telecom PLI planFor perspective, the Department of Telecommunications (DoT) had notified the PLI scheme for telecom and networking products in February 202...
- Dot OKs 42 firms for telecom products PLI, incl 17 for design PLIThe selected companies under the scheme include global majors like Samsung, Nokia, Jabil, Rising Star, Flextronics as well as local players...
- DoT gets 26 applications from companies including Samsung for PLI schemeThe Department of Telecommunications (DoT) has received 26 applications from companies including Samsung for the telecom equipment and desi...
- Samsung applies for telecom parts PLIThe scheme, which was amended in April this year to facilitate design-led manufacturing for which ₹4,000 crore was set aside, is currently ...
- Design-led manufacturing PLI deadline extended to Aug 25The extension comes after requests made by some of the interested companies, according to an official statement. The registration process f...
- DoT raises telecom PLI incentive by 1%, adds more equipment and extends scheme by one yearDoT has also amended the existing PLI scheme to include design-led manufacturing based on the proposal in the union budget 2022. DoT has al...
- Bring electric vehicle financing under priority sector lending, allocate sufficient funds for R&D: SMEV in its Budget 2022 wishlist"To create a robust ecosystem for electric vehicles and give a boost to the EV market, the government could look at putting EVs in the prio...
- Government allows exports under new scheme to boost API productionIn the scheme for bulk drugs the government has replaced the criteria of ‘minimum threshold’ investment with ‘committed’ investment by the ...
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