Wake up, smell their coffee: What India needs to do to allay concerns of fleeing foreign investorsThe complexity of India's tax framework is causing hesitation among foreign investors, with recent capital outflows underscoring this issue...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
Centre to expand product coverage under Rs 10,683 crore textile PLI, says Giriraj SinghThe government plans to broaden the Production Linked Incentive scheme for textiles. This expansion will include man-made fibre apparel, fa...
Cabinet gives nod to electronics component PLI scheme worth Rs 22,919 crThe Union Cabinet, led by Prime Minister Narendra Modi, approved a Rs 22,919 crore Production-Linked Incentive (PLI) scheme to boost the do...
PLI had led to Rs 1.25 lakh crore investments: PM ModiPrime Minister Modi announced that India's Production Linked Incentive (PLI) schemes have attracted over ₹1.25 lakh crore in investments, b...
Micron starts getting funds from Indian govt under semiconductor PLI schemeThe government initiated disbursement under the PLI scheme to Micron Technology, with Tata to follow. This move supports India's semiconduc...
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...
India to review production incentive scheme this month-endThe PLI scheme, which is Prime Minister Narendra Modi's main industrial policy to boost manufacturing, has so far announced incentives for ...
Specialty steel: Govt extends deadline to apply for PLI scheme fourth time till Jul 31According to a steel ministry notification dated June 29, "...the undersigned is directed to convey...to further extend the last date for r...
Deadline to apply for production-linked incentive for steel manufacturing extended till May 31The deadline has been extended for the second time. Initially, March 29 was the last date for manufacturers to apply for the benefits under...
PLI scheme draws investment of ₹2.34 lakh crore in 14 sectorsAutomobile and auto components, advanced chemistry cell batteries, specialty steel and high-efficiency solar panels have attracted the maxi...
Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to boost the produ...
Cabinet decision to hike MSP for Rabi crops will ensure max remunerative price for farmers: PM ModiThe Cabinet Committee on Economic Affairs (CCEA) approved the increase in the minimum support prices (MSP) for all mandated rabi crops for ...
PLI scheme expected to boost India's manufacturing by $520 billion in five years: PM ModiAt a webinar on PLI schemes, Modi also said that the government aims to reduce 6,000 compliances at the central and state level.
PLI schemes excellent opportunity to increase manufacturing: PM“PM urged the states to take full advantage of this scheme and attract maximum investment in themselves and also reap the benefits of reduc...
Apple lobbies for India incentives as it plans iPad assembly: SourcesIndia launched a $6.7 billion plan to boost smartphone exports last year, as PM Modi stepped up efforts to promote electronics manufacturin...
PLI scheme set to spruce up Ebitda of companies, even before they receive benefitsThe benefits are available for sectors including automobiles and auto components, pharmaceuticals, specialty steel, capital goods, technolo...