Search For "pli scheme"
India's manufacturing sector's contribution to GVA will surge to 21 pc by
Updated : 1 year, 2 months ago IST
The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.
Read More
PHDCCI seeks PLI scheme expansion; MSME support, tax reforms in Union Budg
Updated : 1 year, 3 months ago IST
Industry body PHD Chamber of Commerce and Industry wants a slew of reform measures in the budget, which includes tax reforms for individuals and Limited Liability Partnership (LLP) firms, expansion of the Production Linked Incentive (PLI) scheme, and revisions to MSME classification norms am
Read More
India's PLI schemes drive Atmanirbhar Bharat vision with Rs1.97 lakh crore
Updated : 1 year, 3 months ago IST
The initiative, launched in November 2020, covers 14 key sectors and has already delivered milestones. The program has catalyzed investments worth Rs1.46 lakh crore (USD 17.5 billion), spurred production and sales of Rs12.50 lakh crore (US$150 billion), and boosted exports to Rs4 lakh crore
Read More
Indian Pharma and healthcare sectors are poised for long-term growth: Cent
Updated : 1 year, 3 months ago IST
Government initiatives like production-linked incentive (PLI) schemes to boost domestic manufacturing and ensure resilience from external shocks.
Read More
PLI scheme for Food Processing Industry generated over 2.89 lakh employmen
Updated : 1 year, 3 months ago IST
The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has generated employment of over 2.89 lakh as of October, an investment of Rs 8,910 crore has been made across 213 locations, Ministry of Food Processing Industries said in release.
Read More
Inauguration of BPL MedTech's Second Manufacturing Facility in Bengaluru:
Updated : 1 year, 4 months ago IST
Bengaluru (Karnataka) [India], November 12: In a significant move that reinforces India's commitment to 'Make in India' and 'Atmanirbhar Bharat' in the healthcare industry, the Prime Minister of India, Narendra Modi, virtually inaugurated the second manufacturing plant of BPL Medical Technol
Read More
PLI scheme created momentum not only in India but for global firms enterin
Updated : 1 year, 5 months ago IST
"We have to showcase the Indian culture, the Indian ethos, India's commitment, and that's what I am currently focused on--expanding Airtel and all Bharti Enterprises into global markets. We need to take India to the globe," said Mittal, underlining his company's mission to grow internatio
Read More
ILACC and VPVV Techno Construction ink USD 10 bn agreement to propel India
Updated : 1 year, 5 months ago IST
The agreement encompasses key initiatives such as the Industrial Corridor Development Program, Semiconductor Mission, National Logistics Policy, Production Linked Incentive (PLI) Scheme, and "Make in India" and "Made from India" projects.
Read More
Thirty-eight companies have applied for PLI scheme under 3rd round for whi
Updated : 1 year, 5 months ago IST
Sanjiv said, "Over the next 3 years, these thirty-eight companies are expected to achieve production of about Rs 55,877 crore of components of air conditioners (ACs) and LED Lights and generate direct employment of 47,851."
Read More
Piyush Goyal urges industry to promote Brand India through focus on qualit
Updated : 1 year, 5 months ago IST
Marking a decade of Make in India initiative, Commerce Minister Piyush Goyal has urged the Indian industry to focus on prioritising the production of high-quality goods to promote Brand India through sustainable practices.
Read More
PLI scheme to bring in estimated investment worth Rs 2 lakh crore: Piyush
Updated : 1 year, 5 months ago IST
As part of its Atmanirbhar and Make in India plan, the government launched production incentive (PLI) schemes in 14 sectors in 2020, to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency
Read More
India's warehousing demand rises to 25 pc in H124: CBRE report
Updated : 1 year, 6 months ago IST
This rise is largely attributed to favourable government policies like the Production Linked Incentive (PLI) scheme, which covers 14 sectors, and the global shift towards the "China + 1" strategy, where manufacturers diversify supply chains away from China.
Read More