Mumbai (Maharashtra) [India], July 14: The Production Linked Incentive (PLI) Scheme for Textiles, launched in 2021, has emerged as a transformative initiative for India's textile industry. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives for
India should strengthen its Production Linked Incentive (PLI) schemes in light of growing global trade competitiveness, especially after U.S. President Donald Trump announced reciprocal tariffs on several countries, including India, according to a report by State Bank of India (SBI).
The government has started implementing Production Linked Incentive (PLI) Scheme for Textiles on Pan India basis, Pabitra Margherita, the Minister of State (MoS) for Textile said in a written reply to a question in Rajya Sabha.
The Production Linked Incentive (PLI) scheme for telecom and networking has generated export sales exceeding Rs 14,000 crore, driving significant growth in India's domestic telecom manufacturing sector.
The Department of Telecommunications (DoT) notified the Production Linked Incentive (PLI) scheme on February 24, 2021, to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore, according to release.
The government is implementing the Production Linked Incentive (PLI) Scheme for Textiles on a Pan India basis, including Odisha, said the Ministry of Textiles.
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
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
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.