Page 12 - Pli Scheme
White goods, solar modules get Rs 10,738 crore worth of PLI push
While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore
 "White goods, solar modules get Rs 10,738 crore worth of PLI push")
Dixon partners with Bharti to make telecom equipment under PLI scheme
The JV is targeting the Bharti group to pick up 80-85 per cent of the value of its cumulative sales of five years
 "Dixon partners with Bharti to make telecom equipment under PLI scheme")
Cabinet okays Solar Manufacturing Scheme for 10,000 Mw capacity under PLI
Under PLI, Cabinet in Nov 2020 had okayed Rs 4,500 cr for manufacturing High Efficiency Solar PV Modules. MNRE later proposed a 'National Programme on High efficiency solar PV modules' for the same
 "Cabinet okays Solar Manufacturing Scheme for 10,000 Mw capacity under PLI")
PLI scheme for air conditioners fails to excite local manufacturers
Lack of incentive for incremental assembly may delay investments
 "PLI scheme for air conditioners fails to excite local manufacturers")
Cabinet approves Rs 6,238 crore PLI scheme for air-conditioners, LED lights
Local manufacturers may delay investments in building capacity to assemble
 "Cabinet approves Rs 6,238 crore PLI scheme for air-conditioners, LED lights")
PLI scheme for food processing industry well received by companies: Govt
The government on Wednesday said the production-linked incentive scheme for the food processing industry has been well received by companies like Nestle, ITC, Britannia, KeventerAgro and Amul.
 "PLI scheme for food processing industry well received by companies: Govt")
Mobile makers invest Rs 1,300 crore under PLI Scheme in 2020 Dec qtr: Govt
Mobile manufacturers shortlisted under a production linked incentive scheme invested Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the 2020 December quarter
 "Mobile makers invest Rs 1,300 crore under PLI Scheme in 2020 Dec qtr: Govt")
West Bengal polls LIVE: EC notice to Mamata for 'communal' appeal
Stay tuned for Latest LIVE news
 "West Bengal polls LIVE: EC notice to Mamata for 'communal' appeal")
Top headlines: PLI for solar, white goods; Oyo denies seeking bankruptcy
Business Standard brings you top news of the evening
 "Top headlines: PLI for solar, white goods; Oyo denies seeking bankruptcy")
Govt approves Rs 6,238 cr PLI scheme for air-conditioners, LED lights
The government on Wednesday approved a production linked incentive (PLI) scheme for white goods - Air Conditioners and LED Lights - with a budgetary outlay of Rs 6,238 crore
 "Govt approves Rs 6,238 cr PLI scheme for air-conditioners, LED lights")
NITI Aayog considers separate PLI scheme for MSMEs, examines biz models
Seeks different schemes for firms with higher targets, and smaller ones
 "NITI Aayog considers separate PLI scheme for MSMEs, examines biz models")
Street signs: Macrotech GMP muted, PLI boost for AC companies & more
With the markets turning range-bound, investors are looking for bottom-up investment opportunities
 "Street signs: Macrotech GMP muted, PLI boost for AC companies & more")
PLI deadline: Device makers likely to knock on PMO door for extension
The scheme was the first among the 10 new PLI schemes across various sectors which was announced last September
Cabinet okays Rs 10,900 cr PLI for food processing units under 4 buckets
Indian FMCG majors like ITC, Adani Wilmar & Marico, apart from MNCs like Nestle are expected to benefit
 "Cabinet okays Rs 10,900 cr PLI for food processing units under 4 buckets")
Top headlines: PLI for food processing; RBI relief for auto-debit payments
Business Standard brings you top news of the day
 "Top headlines: PLI for food processing; RBI relief for auto-debit payments")
Centre approves Rs 10,900 cr PLI scheme for food processing sector
The government on Wednesday approved a production-linked incentive (PLI) scheme for the food processing sector, entailing an outlay of Rs 10,900 crore. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the scheme which will help create 2.5 lakh jobs, boost exports and ensure availability of a wider range of value-added products for consumers. "The PLI for the food processing sector with Rs 10,900 crore incentive has been approved. The decision is a fitting tribute to our farmers," Food Minister Piyush Goyal said while briefing the media about the cabinet decisions. Information and Broadcasting Minister Prakash Javadekar said that the government in the Budget had announced PLI scheme for 12-13 sectors. PLI has been announced for six sectors already. "Today, PLI for the food processing industries has been approved," he said. This will boost production of value-added food products, attract foreign investment, create job opportunities besides benefiting farmers with
 "Centre approves Rs 10,900 cr PLI scheme for food processing sector")
Status check of PLI schemes that aim to make India world's factory
Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers
 "Status check of PLI schemes that aim to make India world's factory")
Mobile device makers press for 2021 as zero year under PLI scheme
Companies eligible for the scheme ask govt to invoke force majeure clause
 "Mobile device makers press for 2021 as zero year under PLI scheme")
PLI schemes to reduce dependence on Chinese electronic products: Dhotre
PLI scheme for large-scale electronics manufacturing and IT hardware along with the scheme to promote component manufacturing will reduce the country's dependence on Chinese electronic products
 "PLI schemes to reduce dependence on Chinese electronic products: Dhotre")
Success of PLI scheme depends on how well Apple's India plans shape up
India is to be Apple's second significant global hub
 "Success of PLI scheme depends on how well Apple's India plans shape up")
