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PRODUCTION LINKED INCENTIVE SCHEME
Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog reportThe report, titled "Impact Assessment of PLI Schemes", prepared by NITI Aayog in collaboration with IIM Ahmedabad, said the Rs 18,100 crore...- Compulsory licensing of drugs only after exhausting all other measures: Department of Pharmaceuticals secretary Manoj JoshiThe government plans to address the high costs of innovative medicines by first negotiating prices. Compulsory licensing will be considered...
- India's PLI schemes meet 76% investment target but create just 28% of promised jobsDespite significant investments under the production-linked incentive scheme, India is falling short of its job creation ambitions. With 76...
- PLI schemes achieve 76% of investment target, 64% of production goal: Niti AayogThe production-linked incentive (PLI) scheme has achieved 76% of its investment target and 64% of its production target, with electronics, ...
- Ola Electric’s Q2 revenue slumps 39% to Rs 421 crore, losses narrowThe company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company...
- 22 firms chase 10 GWh battery prize under PLI schemeThe Centre's production-linked incentive scheme for advanced chemistry cell manufacturing has received bids from 22 companies. These bids a...
- Renewables helped India save over $100 billion in fuel imports since 2011: IEAIndia's expansion of renewable energy capacity has helped the country avoid more than USD 100 billion in coal and natural gas import costs ...
- HEG Advanced Materials shares gain 5% after subsidiary secures Rs 610 crore incentive under ECMSHEG Advanced Materials shares rise 5% after subsidiary TACC receives ₹609.50 crore incentive approval under the ECMS scheme for its Dewas s...
- Government extends ₹2,700-crore PLI scheme for medical devices till 2035-36, eases eligibility normsThe government has extended the ₹2,700-crore production-linked incentive (PLI) scheme for domestic medical device manufacturing until 2035-...
- Green hydrogen demand slump delays electrolyser projects to August 2027Weak demand for green hydrogen is prompting nearly half-a-dozen companies to defer commissioning their electrolyser manufacturing facilitie...
- NTPC sole applicant in second round of coal gasification schemeThe second round of applications for the coal gasification scheme saw participation from only NTPC Ltd. In contrast, the first round attrac...
- Government invites fresh applications under Rs 2,700 crore medical device PLI schemeThe government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended...
- Govt may extend support measures in FY28 Budget to boost manufacturing of 100 products: OfficialThe government may announce Budget 2027-28 support measures to boost domestic manufacturing of 100 products, including auto components, che...
- Rare earth magnet scheme: Coal India, IRP seek no sops; other contenders include ReNew, ProzealThe scheme will run for seven years from the date of award, including a two-year gestation period for setting up an integrated manufacturin...
- Govt working on telecom PLI with focus on higher local value additionThe Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme ...
- Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
- India's solar manufacturing industry can generate 32 lakh jobs, attract $89 billion investment by 2047: ISMATitled Vision 2047: Solar Manufacturing from Polysilicon to Power Plant, the report presents a pathway for India to move beyond module asse...
- Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investmentsThe government has announced an extension of the Production Linked Incentive scheme for the textiles sector until 2034. This change aims to...
- 'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remark, cites Rs 3 lakh crore PLI returnsUnion Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark....
- Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh peopleIndia's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 cro...
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