Search For "pli scheme"
India becoming global manufacturing hub for smartphones as exports hit USD
Updated : 1 week, 3 days ago IST
In a social media post on X, the minister said, "India is becoming the smartphone manufacturing factory for the world." Sharing the data, he added that the smartphone exports for the calendar year 2025 (January to December) reached USD 30 billion. Last month, Vaishnaw had highlighted that In
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Viraj Profiles Signs MoU with The Ministry of Steel Under PLI Scheme, Comm
Updated : 1 week, 3 days ago IST
Mumbai (Maharashtra) [India], February 12: Viraj Profiles Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of India's Production Linked Incentive (PLI) framework, marking a significant step toward strengthening India's capabilities in s
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India's medical devices industry to reach USD 50.1 billion by 2030: Report
Updated : 1 week, 3 days ago IST
According to the report, growth is being propelled by government initiatives such as National Medical Devices Policy (NMDP), Production-Linked Incentive (PLI) Scheme, Scheme for Promotion of Medical Devices Parks, and MedTech Mitra. The study assumes greater significance in the light of t
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Lalbaba Engineering Limited Signs MoU under Government of India's PLI Sche
Updated : 1 week, 3 days ago IST
New Delhi [India], February 10: Lalbaba Engineering Limited, Kolkata-headquartered integrated manufacturer of seamless tubes, has signed a Memorandum of Understanding under the Government of India's Production Linked Incentive Scheme 1.2 for Specialty Steel marking its admission into the nat
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The India-US trade deal aligns well with India's manufacturing push & grow
Updated : 1 week, 3 days ago IST
India-US trade deal complements India's manufacturing push under the PLI schemes, supports export diversification, and advances its goal of moving up the global value chain, says a report by Axis Direct. For the US, India represents a large and dependable market, as well as a strategic manuf
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Higher PLI allocation & policy support for rare earth minerals to boost EV
Updated : 1 month, 3 weeks ago IST
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
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World will move from "thinking about buying Indian" to "buying Indian with
Updated : 1 month, 3 weeks ago IST
The Survey highlights the strong revival of the Manufacturing sector growth of 7.72% and 9.13% in Q1 and Q2 of FY 2025-26 respectively, driven by the PLI scheme and reforms. As of September 2025, the PLI schemes have realised actual investments of over Rs 2 lakh crore, resulting in increment
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India achieves record electronics export in 2025 at $47 billion, PLI drive
Updated : 2 months ago IST
India achieved record electronics exports of worth USD 47 billion (Rs 4.15 lakh crore) in the just concluded year 2025, Union Minister for Electronics and IT, Ashwini Vaishnaw, said Monday.
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Electronics manufacturing leads PLI scheme as production jumps 146%: Repor
Updated : 2 months, 1 week ago IST
However, the report highlighted that the total budgetary outlay towards the PLI scheme covering 14 sectors stands at Rs 1.97 lakh crore but by contrast, the aggregate PLI disbursements up to September 2025 stood low at Rs 23,946 crore, representing only 12% of the total envisaged PLI disburs
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Ashwini Vaishnaw hails milestone as Apple ships USD 50 billion worth of iP
Updated : 2 months, 2 weeks ago IST
"In a major milestone for PM @narendramodi Ji's 'Make in India' and our quest to become a producer economy, Apple ships $50 billion worth mobile phones in 2025," Vaishnaw said.
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India's electronics production rises 6-fold, exports jump 8-fold since 201
Updated : 2 months, 4 weeks ago IST
India saw a ramp-up of electronics production by 6 times and export increasing 8 times in the last 11 years, Minister for Electronics and Information Technology Ashwini Vaishnaw said, lauding Prime Minister Narendra Modi's leadership.
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PLI scheme boosting manufacturing, investments and exports: Jitin Prasada
Updated : 3 months, 2 weeks ago IST
The Production Linked Incentive (PLI) programme, rolled out across multiple priority sectors, has materially improved domestic manufacturing capacities, attracted large-scale investments and supported export growth in participating sectors, Jitin Prasada, Minister of State for Ministry of Co
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