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27 Companies Approved Under PLI Scheme For IT Hardware, Says Minister
Union Minister Ashwini Vaishnaw, announced a significant milestone in India's IT hardware sector, stating that 27 companies have received approval under the Production Linked Incentive Scheme (PLI) within a short timeframe.
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On Making Laptops Under Centre's Scheme, Union Minister Shares An Update
Union Electronics and Information Technology Minister Ashwini Vaishnaw on Wednesday said that an excellent response has been received for the production of laptops and PCs under the hardware Production Linked Incentive Scheme (PLI).
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India Preparing Multi-Billion-Dollar Subsidy Scheme for Domestic Battery Manufacturing: Report
The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...
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Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets
The Union Cabinet on Wednesday approved a Rs. 17,000 crore-incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years.
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Centre Approves Rs 17,000 Crore PLI Scheme For IT Hardware
The Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of Rs 17,000 crore.
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Exports Of Electronic Goods Growing At 55%, Incentives Helping Local Firms : Economic Survey
The survey sees potential of production linked incentive schemes in supporting domestic players to achieve economies of scale in manufacturing facilities.
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Union Budget: Centre May Extend Incentives To More Sectors To Boost Start-Ups, Says Report
Fiscal incentives under the production linked incentive (PLI) scheme to some more sectors are also likely to be announced in the Budget, which will be presented on February 1.
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Samsung Said to Be Sparring With Government Over PLI Incentives Worth Rs. 900 Crore: All Details
Samsung is said to have asked the government to pay Rs. 900 crore in incentives for the fiscal year through March 2021, as part of a production linked incentives (PLI) scheme announced in 2020. Samsung has said it is in discussions with the government on the incentive payout.
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Government to Launch New PLI Scheme for IT Hardware: Rajeev Chandrasekhar
The Central government will soon launch an information technology server and IT hardware production linked incentive (PLI) scheme, and also offer additional incentives for manufacturers that incorporate Indian-designed intellectual property into their products, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday.
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Foxconn India, Padget Electronics Sops Under Production-Linked Incentive Scheme Approved by Government
Foxconn Hon Hai Technology India Mega Development and homegrown firm Padget Electronics will receive incentives from the government under the production-linked incentive (PLI) scheme for the manufacturing of smartphones in India. The government has approved incentives for the foreign and domestic firm, according to a statement from Niti Aayog relea...
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Centre Approves Rs 19,500 Crore PLI Scheme For Solar PV Modules
The Cabinet on Wednesday approved a Rs 19,500-crore production linked incentive (PLI) scheme on 'national programme on high efficiency solar PV modules' with an aim to attract Rs 94,000 crore investment in the sector.
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Discussion Underway To Extend PLI Scheme To More Sectors
There are demands to extend production linked incentive (PLI) scheme to more sectors such as certain electronic components, pharma and medical devices, and discussions are underway in the government on these proposals, a senior government official said.
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Ford Shelves Plans To Manufacture EVs In India
The carmaker has decided against manufacturing EVs in India despite having been approved for the Central Government's Production Linked Incentive scheme
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Aviation Ministry Invites Applications for PLI Scheme for Drones, Drone Components
The Ministry of Civil Aviation has invited applications for the Production Linked Incentive (PLI) scheme for manufacturers of drones and drone components, who have crossed the PLI eligibility threshold for previous financial year.
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Government Looking At Viable Options To Procure Cheaper Crude: Report
To offset consequences of geopolitical conflicts, GatiShakti and production linked incentives schemes will drive investment
-
27 Companies Approved Under PLI Scheme For IT Hardware, Says Minister
Union Minister Ashwini Vaishnaw, announced a significant milestone in India's IT hardware sector, stating that 27 companies have received approval under the Production Linked Incentive Scheme (PLI) within a short timeframe.
-
On Making Laptops Under Centre's Scheme, Union Minister Shares An Update
Union Electronics and Information Technology Minister Ashwini Vaishnaw on Wednesday said that an excellent response has been received for the production of laptops and PCs under the hardware Production Linked Incentive Scheme (PLI).
-
India Preparing Multi-Billion-Dollar Subsidy Scheme for Domestic Battery Manufacturing: Report
The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...
-
Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets
The Union Cabinet on Wednesday approved a Rs. 17,000 crore-incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years.
-
Centre Approves Rs 17,000 Crore PLI Scheme For IT Hardware
The Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of Rs 17,000 crore.
-
Exports Of Electronic Goods Growing At 55%, Incentives Helping Local Firms : Economic Survey
The survey sees potential of production linked incentive schemes in supporting domestic players to achieve economies of scale in manufacturing facilities.
-
Union Budget: Centre May Extend Incentives To More Sectors To Boost Start-Ups, Says Report
Fiscal incentives under the production linked incentive (PLI) scheme to some more sectors are also likely to be announced in the Budget, which will be presented on February 1.
-
Samsung Said to Be Sparring With Government Over PLI Incentives Worth Rs. 900 Crore: All Details
Samsung is said to have asked the government to pay Rs. 900 crore in incentives for the fiscal year through March 2021, as part of a production linked incentives (PLI) scheme announced in 2020. Samsung has said it is in discussions with the government on the incentive payout.
-
Government to Launch New PLI Scheme for IT Hardware: Rajeev Chandrasekhar
The Central government will soon launch an information technology server and IT hardware production linked incentive (PLI) scheme, and also offer additional incentives for manufacturers that incorporate Indian-designed intellectual property into their products, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday.
-
Foxconn India, Padget Electronics Sops Under Production-Linked Incentive Scheme Approved by Government
Foxconn Hon Hai Technology India Mega Development and homegrown firm Padget Electronics will receive incentives from the government under the production-linked incentive (PLI) scheme for the manufacturing of smartphones in India. The government has approved incentives for the foreign and domestic firm, according to a statement from Niti Aayog relea...
-
Centre Approves Rs 19,500 Crore PLI Scheme For Solar PV Modules
The Cabinet on Wednesday approved a Rs 19,500-crore production linked incentive (PLI) scheme on 'national programme on high efficiency solar PV modules' with an aim to attract Rs 94,000 crore investment in the sector.
-
Discussion Underway To Extend PLI Scheme To More Sectors
There are demands to extend production linked incentive (PLI) scheme to more sectors such as certain electronic components, pharma and medical devices, and discussions are underway in the government on these proposals, a senior government official said.
-
Ford Shelves Plans To Manufacture EVs In India
The carmaker has decided against manufacturing EVs in India despite having been approved for the Central Government's Production Linked Incentive scheme
-
Aviation Ministry Invites Applications for PLI Scheme for Drones, Drone Components
The Ministry of Civil Aviation has invited applications for the Production Linked Incentive (PLI) scheme for manufacturers of drones and drone components, who have crossed the PLI eligibility threshold for previous financial year.
-
Government Looking At Viable Options To Procure Cheaper Crude: Report
To offset consequences of geopolitical conflicts, GatiShakti and production linked incentives schemes will drive investment
