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
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
India's electronics and semiconductor ambitions have entered a crucial second phase, moving beyond assembly to high-value manufacturing and materials research, Vinod Sharma, Chairman of CII's National Committee on Electronics Manufacturing and Managing Director of Deki Electronics, told ANI
The Ministry of Textiles has approved 17 new applicants under the Production Linked Incentive (PLI) Scheme for Textiles in Round 3 of selection. This significant step is set to further accelerate investment, boost domestic manufacturing, and enhance India's global competitiveness in the M
The fourth round of applications under the Production Linked Incentive (PLI) Scheme for White Goods, covering air conditioners and LED lights, has received 13 proposals with a combined committed investment of Rs 1,914 crore, according to a press statement by the Ministry of Commerce and Indu
The Department for Promotion of Industry and Internal Trade (DPIIT) has extended the application window for Round 4 of the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) till 10th November this year, according to a government release.
The central government has extended the last date for receiving applications under the Production Linked Incentive (PLI) Scheme for Textiles, the Ministry of Textiles said in an official statement on Friday.
Ola Electric on Monday announced that it has received certification for compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector for its Gen 3 scooter portfolio.
Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application w
Kolkata (West Bengal) [India], August 13: As India advances towards its goal of becoming a USD 5 trillion economy, the government is focused on enhancing the manufacturing sector, particularly through smart and digital manufacturing initiatives. With the 'Make in India' initiative having gai
India could become a key player in the global electronics manufacturing sector with the help of active participation in the supply chains for manufactured exports, particularly by integrating "backwards" into the value chain, revealed a report from the Centre for Development Studies (CDS).
This transformation, starting in 2017, is attributed to sustained government support, and strategic integration into global value chains (GVCs) with a sharp policy pivot towards exports with the launch of the Production Linked Incentive (PLI) Scheme in 2020, according to an official statemen