The Production Linked Incentive (PLI) scheme has been instrumental in augmenting India's manufacturing capacity by attracting fresh investments and facilitating substantial economic activity.
The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for the sector to progress and should not be considered as a permanent subsidy scheme by the government, highlighted Union Minister Piyush Goyal.
Launching a scathing attack on the Adani Group, Congress General Secretary Jairam Ramesh alleged that the conglomerate company has reportedly selected eight Chinese companies to help its solar manufacturing project and has asked for special permission to issue visas for 30 Chinese workers.
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
India's Ministry of Heavy Industries (MHI) has announced that seven bidders have submitted bids under the global tender for the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing.
Emphasising the importance of keeping up the reforms momentum, noted author and economist Gurcharan Das has praised the central government for reforms such as the Goods and Services Tax (GST), which gave the country a unified tax structure, and the production-linked incentive or PLI scheme f
Speaking with ANI, CII President R Dinesh suggested that the government come up with employment-linked incentive schemes, in line with the Production Linked incentive (PLI) schemes which the government has launched for several sectors.
International Centre for Automotive Technology (ICAT), Manesar, which is one of the divisions of the National Automotive Board (NAB) under the Ministry of Heavy Industries has awarded its first PLI - Automotive Certificate to Ola Electric Technologies under the Production Linked Incentive (P
Union Health Minister Dr Mansukh Mandaviya virtually inaugurated 27 greenfield bulk drug park projects and 13 greenfield manufacturing plants for medical devices here on Saturday.
India's GDP grew at a massive 8.4 per cent during the October-December quarter of the current financial year 2023-24 and the country continued to remain the fastest-growing major economy.
Bengaluru (Karnataka) [India], February 16: Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that the company has received Rs 27.78 crore as incentives for the fiscal year 2022-'23 under the PLI (Production-Linked Incentive) Scheme for Telecom and Networking Products. The said am
According to a press release by the Ministry of Heavy Industries, the meeting, held on Monday, garnered participation from industry stakeholders and government organizations, signaling a concerted effort to propel India's renewable energy revolution.