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GOVERNMENT PLI PROGRAMS
Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
India prepares smartphone export incentives in a boost for AppleIndia is preparing a new round of incentives for smartphone manufacturing that will link government subsidies to exports and greater use of...
PLI schemes attract Rs 1.76 lakh cr investment, create 12 lakh jobs: GovtIndia's PLI schemes show strong results. Investments reach Rs 1.76 lakh crore. Production exceeds Rs 16.5 lakh crore. Over 12 lakh jobs are...
Lack of PLI has been an incentive for us: Ather’s Tarun MehtaAther Energy, not being part of the government’s Production Linked Incentive (PLI) scheme, has turned the situation into an advantage, acco...
India's $23 billion plan to rival China factories to lapse after it disappointsIndia's $23 billion initiative to boost domestic manufacturing is set to lapse after four years. Despite promises of cash payouts to firms ...
Modi govt has a key task in Budget 2025: Unlocking the PLI goldmineUnion Budget 2025: India's PLI scheme has significantly reduced bureaucracy and improved manufacturing, positioning the country as an alter...
How Budget 2024 can cash in on the PLI scheme to unlock Aatmanirbhar Bharat's manufacturing potentialBudget 2024 Expectations: The PLI scheme promotes manufacturing in 14 sectors, including electronics, textiles, and white goods. Reopened f...
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...
Many companies fail to make required investments under auto PLI planAs many as 95 companies were shortlisted for the PLI scheme for the auto industry. Of these, 20 companies were under the original equipment...
Panasonic expected to enter Indian market with battery manufacturing plantPanasonic is reportedly considering opening a battery manufacturing plant in India under the government's production-linked incentive (PLI)...
India's production incentive scheme draws $6.54 bn in investments- StatementInvestments under the production-linked incentive, or PLI scheme, are expected to rise further to 2.74 trillion rupees as the scheme runs i...
Automated mechanism to capture domestic value addition data of approved PLI-Auto applicants: GovtThe government has launched the Automobile and Auto Component Industry in India (PLI-Auto) scheme with a budgetary outlay of Rs 25,938 cror...
Heavy Industries Ministry signs contracts with three companies for battery manufacturing incentivesIt was initially decided that Hyundai Global Motors will also be getting the PLI support. But this was put on the backburner after it was r...
Sundram Fasteners receives GOI approval under PLISundram Fasteners has projected an investment of over Rs 350 Crores for manufacturing Advanced Automotive Technology (AAT) components like ...
Healthcare stocks notch up gains ahead of Budget; here’s what market expectsWith the vaccination drive in the country being expanded, analysts expect the Budget to ramp up allocations across the infrastructure chain...
Here are likely winners from healthcare sector in Budget 2022Axis Securities sees continued investments in the capacity expansion of sensitive APIs, complex excipients, drug intermediates, biopharmace...
Customer to bear MDR charges for Postal life insurance online premium payment from Jan 17, 2022MDR is a fee that a merchant is charged by their issuing bank for accepting payments from their customers via credit and debit cards.