Page 11 - Pli Scheme

HFCL to participate in PLI for telecom, networking products manufacturing

HFCL supplies telecom equipment and fibre optics to most of the current Indian operators.

Govt gives approval to four firms under PLI scheme for bulk drugs

The government has given approval to four waitlisted firms under the Production Linked Incentive (PLI) scheme for domestic manufacturing of bulk drugs, an official statement said on Monday. The Department of Pharmaceuticals had launched the PLI scheme for promotion of domestic manufacturing of critical bulk drugs -- Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs). It envisages setting up greenfield plants in four different target segments with a total outlay of Rs 6,940 crore for the period 2020-21 to 2029-30. All the 215 applications received for the 36 products spread across the four target segments were considered and appraised and selected participants duly informed, the Ministry of Chemicals and Fertilizers said. Now, four waitlisted applicants who are otherwise eligible have been approved against slots vacated by withdrawal by companies which had earlier been granted approvals, the ministry said. The companies which have been gi

Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week

The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports.

Scheme for IT hardware: PLI pledges miss govt's ambitious target

Production and export commitments by 19 companies are much lower than government's projections

Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

Solar PLI scheme to benefit incremental panels demand till FY30: Ind-Ra

The allocation of Rs 4,500 crore towards solar modules manufacturing industry can benefit sales of 20 gigawatts from capacity developed under the production linked incentive scheme, Ind-Ra estimates

Cabinet approves Rs 18,000-cr PLI scheme for battery manufacturing

The Centre hopes to create direct investment of Rs 45,000 cr in ACC Battery storage projects

Cabinet approves Rs 18,100-cr PLI scheme for promoting battery storage

Government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore

Mobile phone production down 50% amid a relentless second Covid-19 wave

Slowdown visible since late February, says IDC

Dixon invests Rs 600 crore to build new facility under PLI scheme

Dixon has earned revenues of Rs 4,400 crore and is in the bottom 20 of the global pecking order of EMS players

PLI scheme, basic customs duty: Only flickering benefits for solar power

A production-linked incentive scheme and possible basic customs duty will have a limited impact in encouraging domestic solar equipment manufacture

Performance-linked incentives fail to excite solar manufacturing firms

Domestic manufacturers could end up getting barely 3-5 per cent of the sale value of their solar cells and modules as incentives through this scheme

Foxconn, Wistron, Dell and 16 other firms apply for PLI investments

According to the ministry, the scheme is expected to lead to total production worth around Rs 1.6 trillion

Dell, Foxconn, Lava, 16 other firms apply under PLI scheme for IT hardware

Production of Rs 1.6 trn and exports of Rs 60,000 cr expected over next 4 years, says govt

Low incentive could dampen interest in PLI scheme for solar manufacturing

The Union Cabinet last month approved the MNRE proposal for ramping up domestic manufacturing of solar photovoltaic panels under the Centre's PLI scheme

Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

DPIIT has notified the Production Linked Incentive (PLI) scheme for white goods -- air conditioners and LED lights, with a budgetary outlay of Rs 6,238 crore

Setting up a semi-conductor fab plant: Will India be third time lucky?

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

DoT to issue guidelines for implementation of PLI in telecom within week

The Department of Telecommunications (DoT) is likely to issue guidelines on implementation of production-linked incentive (PLI) schemes for manufacturers in the sector

With support from govt, India can dominate bicycle industry: Pankaj Munjal

Hero Cycles chief says growth in India is limited, wants PLI scheme for his industry

PLI to help create complete component ecosystem in India, says ICEA

The production-linked incentive (PLI) scheme announced by the government for air-conditioners and LED lights will help create a complete component ecosystem in India, mobile industry body ICEA said. The scheme is expected to attract global investments, generate large scale employment opportunities and enhance exports substantially, it added. This scheme is designed to create a complete component ecosystem in India and make India an integral part of the global supply chain, the body noted. On Wednesday, the government announced the PLI scheme for white goods - Air Conditioners and LED Lights - with a budgetary outlay of Rs 6,238 crore. The proposal was approved in a Union Cabinet meeting, chaired by Prime Minister Narendra Modi. ICEA Chairman Pankaj Mohindroo said: "The scheme is expected to attract global investments, generate large scale employment opportunities and enhance exports substantially. It will also lead to investments in innovation, research & development and ...