Interim Budget 2024: Govt May Extend Scope Of PLI Scheme To Job-creating Sectors: Deloitte
Currently, Production-Linked Incentive (PLI) scheme is available for 14 sectors.
Jan 18, 2024, 11:58 AM IST
PLI For Large Scale Electronics Manufacturing Sees Rs 6,887 Cr Worth Investment
Till June this year, the PLI scheme has generated Rs 3,30,612 crore worth of production, Rs 1,56,051 crore worth of exports, and 62,173 direct jobs (cumulative).
Aug 11, 2023, 18:46 PM IST
PLI Scheme For Chemicals, Petrochemicals Sectors To Be Launched? Know What FM Nirmala Sitharaman Said
As of now, the government has rolled out 14 PLI schemes for various sectors like telecom, Pharma and textiles among others.
Jul 27, 2023, 15:20 PM IST
Govt Launches PLI Scheme For IT Hardware With Rs 17,000 Cr Outlay
The tenure of the programme will be applicable for six years and the government expects investments worth Rs 2,430 crore in the scheme.
May 18, 2023, 08:18 AM IST
Govt considering proposals for extending Rs 35,000 crore PLI scheme to more sectors
The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high efficiency solar PV modules, advance chemistry cell and speciality steel.
Oct 16, 2022, 13:48 PM IST
PLI Scheme: LG, Wipro, 13 others selected under white goods
Last year, as many as 46 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 5,264 crore were selected in the first round of the scheme.
Jun 28, 2022, 19:17 PM IST
Centre invites applications from drone industry for Rs 120 crore PLI scheme
The PLI scheme for drones was notified on 30th September 2021.
Mar 11, 2022, 14:11 PM IST
PLI: Govt reopens application window for AC, LED lights
The total outlay is Rs 6,238 crore and 42 applicants have committed investments of Rs 4,614 crore, so there is still over Rs 1,600 crore in the reserves.
Mar 07, 2022, 22:37 PM IST
India can add $20B to GDP if import dependence on China is halved: Report
In FY21, out of the USD 65 billion of imports from China, around USD 39.5 billion were commodities and goods where PLI scheme has been announced.
Feb 15, 2022, 22:53 PM IST
Budget 2022: PLI scheme can create 60 lakh jobs in next 5 years, says FM Sitharaman
Sitharaman said that PLI scheme has the potential to create 60 lakh new jobs during the next five years.
Feb 01, 2022, 13:52 PM IST
Budget 2022: Increase in tax on components to make mobile PLI uncompetitive for exports, says ICEA
The share of Indian companies in the mobile productions has come down from 47 per cent in 2016 to around 8 per cent at present.
Jan 16, 2022, 19:52 PM IST
31 companies including 16 MSMEs approved for Telecom PLI Scheme, investment of around Rs 3,345 crore envisaged
The Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India has been launched to realize the Prime Minister Narendra Modi’s vision of Atmanirbhar Bharat.
Oct 15, 2021, 14:08 PM IST
Cabinet approves Rs 26,000 crore PLI scheme to bolster auto sector, local manufacturing
The Central government will provide incentives worth Rs 26,000 crore to automakers manufacturing cars, auto parts, and other related products in India.
Sep 15, 2021, 14:07 PM IST
PLI scheme for textile industry: Here’s all you need to know about Rs 10,683 crore move
The newly launched PLI scheme for the textile industry is a part of the larger PLI scheme that was announced by Finance Minister Nirmala Sitharaman in her budget speech.
Sep 10, 2021, 12:53 PM IST
Centre approves Rs 10,683 PLI scheme for textile industry, hikes MSP for wheat, mustard seeds
The PLI scheme will aim to offer incentives for domestic manufacturing of textiles for MMF (man-made fibre) apparel, MMF fabrics and ten segments/products of technical textiles.
Sep 08, 2021, 15:34 PM IST
Union Cabinet approves Rs 6,322-crore PLI scheme for specialty steel, to generate 5.25 lakh jobs
There are 3 slabs of PLI incentives, the lowest being 4 % and highest being 12% which has been provided for electrical steel (CRGO).
Jul 22, 2021, 18:00 PM IST
Prakash Javadekar: Now Electric Car Batteries will be made in India, PLI scheme gets approval
Union Minister Prakash Javadekar said in a press conference on Wednesday that the national program for storage of advanced chemistry cell batteries has been approved. This decision has been taken to promote Make in India as well as being a self-reliant India scenario.
May 12, 2021, 16:34 PM IST
Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturing
National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to attract investment of Rs 45,000 crore.
May 12, 2021, 16:05 PM IST
DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised
Enlisting the eligibility criteria to avail the benefits under the PLI scheme, the notification said incentives would be provided to companies making brown-field (existing facility) or green-field (new) investments for the manufacturing. The scheme proposes a financial incentive to boost domestic manufacturing and attract large investments in the white goods manufacturing value chain.
Apr 17, 2021, 13:06 PM IST
DoT likely to issue guidelines for telecom PLI within week
Telecom gear makers firms such as Ericsson and Nokia are keen to expand their operations in India, and global companies like Samsung, Cisco, Ciena and Foxconn have "shown interest" to set up manufacturing bases in the country for telecom and networking products for domestic and export markets.
Apr 11, 2021, 14:58 PM IST
