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PLI

Ola Electric receives letter from IFCI for missing out on PLI milestones

Ola Electric receives letter from IFCI for missing out on PLI mil...

Wed, Mar 05, 2025

Ola Electric Mobility on Tuesday said its wholly-owned subsidiary has received a letter from IFCI for missing out on targets specified under the Production Linked Incentive Advanced Chemistry Cell scheme (PLI ACC).

Extending PLI benefits to handicrafts, leather help create more jobs: Deloitte

Extending PLI benefits to handicrafts, leather help create more j...

Sun, Jan 26, 2025

The government in its coming Budget must extend fiscal benefits under the PLI (production linked incentive) scheme to sectors such as handicrafts and leather that can create more jobs, Deloitte said on Sunday.

Apple's iPhone production in India reaches $10 billion in India in April-Oct, creates 1.75 lakh direct jobs in 4 years

Apple's iPhone production in India reaches $10 billion in I...

Mon, Nov 25, 2024

The tech giant manufactured/assembled $14 billion of iPhones in India last fiscal (FY24), with exporting more than $10 billion worth of iPhones.

TRENDING NOW

Production-linked Incentive scheme for ACs & LED lights gets 38 applications

Production-linked Incentive scheme for ACs & LED lights gets...

Mon, Oct 14, 2024

The trade ministry said on Monday that a total of 38 companies participated in the third round of the application profess for the central government's production-linked incentive scheme for white goods. The applicants made investment commitments worth Rs 4,121 crore under the window, according to the Ministry of Commerce & Industry. Read on to learn more about this development.

"More than 43.3 crore digital transactions in India every month", says FM Nirmala Sitharaman

"More than 43.3 crore digital transactions in India every mo...

Tue, Apr 02, 2024

Finance Minister Sitharaman said "The Production Linked Incentive (PLI) schemes have incentivised the industries to invest in thorium, solar energy and green hydrogen sector.

This mid-cap consumer durables stock hits an all-time high: Here's why

This mid-cap consumer durables stock hits an all-time high: Here...

Tue, Dec 12, 2023

Dixon Technologies in a year has zoomed over 64 per cent, while its 3-year return is at 159 per cent.

Shipping ministry wants Rs 11,000 crore over nine years to float container PLI scheme

Shipping ministry wants Rs 11,000 crore over nine years to float...

Wed, Aug 23, 2023

Officials said the higher Budget outlay, as suggested by the Indian Institute of Foreign Trade (Kolkata), could help India wean away at least a 10 per cent share of demand from global container liners on grounds that most of them are looking at ‘China plus One’ policy for importing goods.

Exclusive: PLI Approval Is Possible In The Cabinet Meeting For Making IT-Related Hardware

Exclusive: PLI Approval Is Possible In The Cabinet Meeting For Ma...

Wed, May 17, 2023

There is big news for Dixon Tech, Amber Enterprises and Merck Electronics. According to sources, PLI approval is possible for making IT-related hardware. PLI can be approved in the cabinet meeting. There is also a possibility of agreement on financial cooperation of about ₹ 17,000 crore.

Budget 2023 EXCLUSIVE: Govt may announce PLI schemes for 6 new sectors

Budget 2023 EXCLUSIVE: Govt may announce PLI schemes for 6 new se...

Wed, Jan 18, 2023

Government could announce Production Linked Schemes (PLI) in six more sectors in the forthcoming Union Budget 2023 while making additional allocation, Zee Business has learnt through its sources

Govt Approves Rs 357 Crore For Foxconn Under PLI For Mobile Phones

Govt Approves Rs 357 Crore For Foxconn Under PLI For Mobile Phone...

Wed, Dec 21, 2022

The government has approved Rs 357.17 crore for Apple's vendor Foxconn India and Rs 58.29 crore for Dixon Technologies subsidiary Padget Electronics under the Production-Linked Incentive scheme for mobile phones.

Govt to tighten scrutiny of imports; sets up 4-5 task forces to boost telecom manufacturing

Govt to tighten scrutiny of imports; sets up 4-5 task forces to b...

Sun, Dec 04, 2022

The minister had a meeting with over 40 CEOs of telecom gear makers that have qualified for production linked incentive scheme and decided to set up 4-5 task forces to provide market support to them as well as streamline their business for value addition in the economy.

Government considering PLI scheme for furniture sector to boost domestic manufacturing

Government considering PLI scheme for furniture sector to boost d...

Sun, Sep 04, 2022

The toy industry has demanded an extension of the scheme for the sector as it would promote local manufacturing and create jobs.

Telecom PLI scheme gets enthusiastic response; 32 companies including 22 MSMEs submit applications

Telecom PLI scheme gets enthusiastic response; 32 companies inclu...

Fri, Aug 26, 2022

Indian Government has received 32 applications for design-led Production Linked Incentive (PLI) scheme in line with the government's ambition of Atmanirbhar Bharat according to a government release

15 more firms selected under PLI scheme for white goods

15 more firms selected under PLI scheme for white goods

Tue, Jun 28, 2022

The government on Tuesday said 15 firms, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs. 1,368 crore have been provisionally selected as beneficiaries under the production linked incentive (PLI) scheme for the white goods sector.

BHEL likely to be biggest beneficiary of Centre’s Rs 76,000 cr PLI scheme for semi-conductors; buy for these price targets

BHEL likely to be biggest beneficiary of Centre’s Rs 76,000 cr PL...

Wed, Dec 15, 2021

Technical Analyst Sacchitanand was optimistic about BHEL shares and said that the stock is undergoing maturing of three consecutive days of consolidation. Today’s moves have led to a short term convergence in 5-day and 20-day moving averages

Centre approves eight companies under PLI scheme for manufacturing medical devices

Centre approves eight companies under PLI scheme for manufacturin...

Thu, Dec 09, 2021

The establishment of eight plants would lead to a total committed investment of about Rs 151.12 crore by the companies and employment generation of about 1,951, the statement noted.

PLI scheme in food processing to go a long way in creating large scale capacity: FMCG companies

PLI scheme in food processing to go a long way in creating large...

Tue, Dec 07, 2021

FMCG majors Nestle India, Parle, Dabur and Britannia on Tuesday said the PLI scheme in food processing will go a long way in creating large scale capacity, creating great Indian brands in international markets besides helping farmers here in the country

Government receives strong response for Advanced Chemistry Cell PLI Scheme; online bidding to happen in two stages

Government receives strong response for Advanced Chemistry Cell P...

Tue, Nov 16, 2021

The government has received strong response towards its Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) battery storage, according to a government releas

Extending PLI scheme for tyres, steel to help link India to global value chains: PHDCCI President

Extending PLI scheme for tyres, steel to help link India to globa...

Thu, Oct 07, 2021

He said that the PLI scheme will incentivize large domestic and global players to boost production, build a competitive ecosystem and would lead to a more inclusive growth.

BIG DECISION! Government APPROVES PLI scheme, Rs 10,683 cr incentives for textile sector

BIG DECISION! Government APPROVES PLI scheme, Rs 10,683 cr incent...

Wed, Sep 08, 2021

The PLI scheme will also generate additional employment of over 7.5 lakh directly and several lakhs more for supporting activities.

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