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PRODUCTION LINKED INCENTIVE SCHEMES
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...
- No More Zeroes: Govt plans to extend ZED certification scheme to services sector MSMEsIn a significant move, the Indian government is widening its Zero Defect Zero Effect certification initiative to include service enterprise...
- NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
- 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 ...
- West Bengal investment policy puts jobs first, offers up to 120% assistance to industriesWest Bengal has launched a new investment promotion policy aimed at encouraging industrial growth and job creation. The policy includes sub...
- Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry SecretaryCoal gasification projects are expected to provide significant foreign exchange savings for India by substituting imports. The Coal Ministr...
- India announces $1.5-billion scheme to add 92 GWh energy storage capacityIndia has launched a $1.5-billion initiative to boost its energy storage capacity significantly over the next few years. This scheme aims t...
- 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...
- Indian battery component makers face up to 61% cost disadvantage against imports: ReportIndian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report...
- 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...
- Corning operationalises Pune optical plant; capacity expansion planned by 2027The company’s other plant in Chennai, has begun production of finishing glass for the first time in India. Inaugurated in December, 2025, i...
- GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
- Dixon has ₹1,110-crore PLI incentive pending; chairman’s son named executive directorIn an announcement, Dixon Technologies disclosed a notable receivable of ₹1,110.06 crore tied to the government's PLI scheme, which is stil...
- 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...
- Cabinet hikes Dearness Allowance by 3% with Rs 10,000 crore allocation; check key announcementsDA hike: The Union Cabinet has approved several development schemes totaling Rs 29,267 crores for various initiatives. Among these is a Rs ...
- '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...
- Textile PLI scheme likely to be extended by four years with easier norms for MSMEsThe government plans to extend the PLI scheme for textiles for four years with easier criteria. This initiative aims to increase participat...
- Samsung to boost India phone exports under new incentive schemeThe South Korean electronics giant is considering expanding India production, including making fresh investments, to boost exports from her...
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