Union Minister of Commerce and Industry Piyush Goyal encouraged industry's constructive feedback and collaborative engagement to shape the policies, procedures, and effectiveness of the Production-Linked Incentive (PLI) scheme.
Production-linked incentive (PLI) schemes witnessed over Rs 1.03 lakh crore of investment till November 2023, which has led to production or sales of Rs 8.61 lakh crore and employment generation (direct and indirect) of over 6.78 lakhs.
As part of its Atmanirbhar and Make in India plan, the government launched Production Linked Incentive (PLI) schemes in varied sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency o
On the occasion of the 16th edition of CPHI and PMEC India 2023, the Chairman of the Pharmaceuticals Export Promotion Council of India (PHARMEXCIL), Dr Veeramani SV said that after the introduction of the PLI scheme, the reliance on China has reduced to some extent.
Building on the success of the Production Linked Incentive scheme (PLI) for mobile phones, the Union Cabinet led by Prime Minister Narendra Modi has approved PLI Scheme - 2.0 for IT hardware, said a government release on Saturday.
Vaishnaw said, "As you're aware, a few months back, PM Modi approved the Production Linked Incentive Scheme (PLI) scheme for IT hardware. And within the very short time frame, I'm very happy to announce that 27 companies have been approved for the PLI."
According to a press release by the Ministry of Food Processing Industries, the event, held at Bharat Mandapam, Pragati Maidan, was graced by the presence of the President of India, Droupadi Murmu.
On the basis of various suggestions received from the Production Linked Incentive Scheme (PLI) for White Goods Beneficiaries as well as Industry Associations, further changes in the Scheme Guidelines have been made, with a view to simplify the operation of the Scheme as well as to improve th
The Indian Government is taking proactive measures to curtail greenhouse gas emissions and encourage next-generation vehicles and technologies that can minimize carbon footprints, said Union Minister of Heavy Industries Mahendra Nath Pandey while addressing the 63rd Annual Session of Automot
Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware was notified on May 29, 2023, with a budgetary outlay of Rs 17,000 crore. The Union Cabinet, chaired by Prime Minister Narendra Modi, on May 17 gave the approval to introduce the scheme.
Union Electronics and Information Technology Minister Ashwini Vaishnaw on Wednesday said that an excellent response has been received for the production of laptops and PCs under the hardware Production Linked Incentive Scheme (PLI) scheme adding that 32 applications have been received under
As part of its ‘Atmanirbhar’ and Make in India plan, the government launched Production Linked Incentive (PLI) schemes in varied sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and re