Production Linked Incentive Scheme
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"Full Faith": Punjab Minister Sanjeev Arora-Linked Firm Refutes Probe Agency Charges
The company said it entered the mobile phone export business in May 2023 in line with the Government of India's "Make in India" initiative and the Production Linked Incentive (PLI) scheme.
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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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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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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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Ministry Of Electronics And IT Invites Domestic Companies To Design Semiconductors
The ministry is seeking applications from 100 domestic companies, start-ups or Micro, Small and Medium Enterprises (MSME), to create an ecosystem for semiconductor chip design in India, under the Design Linked Incentive (DIL) scheme.
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115 Automotive Companies Apply For PLI Scheme: Ministry Of Heavy Industries
Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of five consecutive years, the ministry said in a statement.
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PLI Scheme For Auto Sector: Automakers Welcome The Move, But Experts Say It's Not Enough
The cabinet has finally approved a Production Linked Incentive (PLI) scheme of nearly Rs. 26,000 crore for the auto sector. The scheme is mainly to boost manufacturing of electric and fuel cell vehicles. While OEMs are welcoming the move, industry experts believe this might not be enough.
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Cabinet Approves Rs. 26,000 Crore Incentive Scheme To Boost Clean Fuel Vehicles
India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.
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Cabinet Approves Rs 26,000 Crore Incentive Scheme For Auto, Drone Industries
The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday.
-
"Full Faith": Punjab Minister Sanjeev Arora-Linked Firm Refutes Probe Agency Charges
The company said it entered the mobile phone export business in May 2023 in line with the Government of India's "Make in India" initiative and the Production Linked Incentive (PLI) scheme.
-
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.
-
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...
-
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.
-
Ministry Of Electronics And IT Invites Domestic Companies To Design Semiconductors
The ministry is seeking applications from 100 domestic companies, start-ups or Micro, Small and Medium Enterprises (MSME), to create an ecosystem for semiconductor chip design in India, under the Design Linked Incentive (DIL) scheme.
-
115 Automotive Companies Apply For PLI Scheme: Ministry Of Heavy Industries
Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of five consecutive years, the ministry said in a statement.
-
PLI Scheme For Auto Sector: Automakers Welcome The Move, But Experts Say It's Not Enough
The cabinet has finally approved a Production Linked Incentive (PLI) scheme of nearly Rs. 26,000 crore for the auto sector. The scheme is mainly to boost manufacturing of electric and fuel cell vehicles. While OEMs are welcoming the move, industry experts believe this might not be enough.
-
Cabinet Approves Rs. 26,000 Crore Incentive Scheme To Boost Clean Fuel Vehicles
India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.
-
Cabinet Approves Rs 26,000 Crore Incentive Scheme For Auto, Drone Industries
The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday.
