As part of its 'Atmanirbhar Bharat' and 'Make in India' plan, the government launched production incentive (PLI) schemes in over a dozen sectors in 2020, to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and
The government has no proposal to bring the production of nano fertilizers under the Production Linked Incentive (PLI) scheme, MoS chemicals and fertilisers Anupriya Patel informed Lok Sabha this week.
Production Linked Incentive (PLI) Scheme for specialty steel was launched with the objective of attracting investment to boost the production of value-added steel in the country and participating companies committed to an investment of Rs. 27,106 crore out of which Rs.18,848 crore has been a
Detailing the steps taken to ensure larger participation in the scheme, a statement from the Ministry of Steel read, "Launch of dedicated web portal for PLI scheme 1.1 and wide publicity through media; Frequent webinars with companies that expressed interest to participate in the scheme; Eas
The report highlighted that the government is working on introducing a new Production Linked Incentive (PLI) scheme for electronic components. This scheme aims to achieve value addition of 35-40 per cent, doubling the current levels of 18-20 per cent achieved under the ongoing electronics ma
Axis Securities mentioned, "We believe the government's policy reforms, such as Atmanirbhar Bharat, Make in India, and the PLI scheme, are likely to continue in FY26 as well and would receive further impetus. We believe a balanced act between Infrastructure and social welfare schemes would h
In the third round of the scheme's online application process, the government received 38 applications. Following a comprehensive review, 18 new companies were provisionally selected, including 10 manufacturers of AC components and 8 LED light manufacturers, with a combined investment commit
Union Minister of Steel and Heavy Industries H D Kumaraswamy will launch 'PLI scheme 1.1' for the steel industry, the Ministry of Steel said in a release on Sunday.
The government should bring a Production Linked incentive (PLI) scheme for farmers instead of giving the fertilizer subsidy as this is hurting the farmers instead of benefiting them says Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission.
The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.
The Production Linked Incentive (PLI) schemes across 14 sectors under the Make in India initiative are demonstrating good results. The manufacturing and construction sectors saw near double-digit growth in FY 2023-24.
In the Year-End Review, the ministry marks significant strides in the sector enhancing sustainability, fostering domestic manufacturing, and ensuring the quality of steel in India.