Elevated commodity prices, rising government and private sector spending on infrastructure, as well as investments under production-linked incentive (PLI) schemes, have resulted in strong growth.
According to a statement from Niti Aayog, the Empowered Committee headed by NITI Aayog Chief Executive Officer approved incentives for two companies--one a domestic company and the other a global company--for mobile manufacturing under the production-linked incentive (PLI) scheme.
Some of the steps include creating/enhancing of domestic capacity, incentivising domestic manufacturing through Production-Linked Incentive (PLI) schemes, phased manufacturing plans, timely use of trade remedy options, adoption of mandatory technical standards, enforcement of free trade agre
Based on the consultations/meetings with the stakeholders, including the industry representatives and the concerned departments, the operational guidelines of the PLI scheme for drones and drone components have been finalised.
New Delhi [India], October 1 (ANI): Reiterating the Centre's commitment to promote manufacturing in India, Union Commerce and Industry Minister Piyush Goyal on Saturday announced that seven new Production Linked Incentive (PLI) schemes that are not part of the original program had just been
New Delhi [India], October 1 (ANI): Micro Small and Medium Enterprises (MSMEs) are the real beneficiaries of the Production Linked Incentive (PLI) scheme introduced to boost manufacturing in different sectors, Union Minister of Commerce and Industry Piyush Goyal said on Saturday.
New Delhi [India], September 21 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Production Linked Incentive (PLI) scheme solar PV modules with an outlay of Rs 19,500 crore for achieving a manufacturing capacity of Giga Watt (GW) scale in High-Effici
New Delhi [India], August 18 (ANI): The last date for receipt of applications under the Production Linked Incentive (PLI) scheme for specialty steel has been extended up to September 15.
New Delhi [India], August 11 (ANI): The Ministry of Heavy Industries on Thursday launched automated online data transfer for capturing critical data related to domestic value addition in the Production Linked Incentive (PLI) scheme for the auto sector.
New Delhi [India], July 29 (ANI): Three selected bidders have signed the Programme Agreement under Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery storage, the Ministry of Heavy Industries said on Friday.
New Delhi [India], July 28 (ANI): Electric vehicle manufacturer Ola Electric on Thursday signed an agreement with the Ministry of Heavy Industries for local manufacturing of advanced cells in India under the production-linked incentive (PLI) scheme.
New Delhi [India], July 28 (ANI): The government has no proposal currently to include the toy industry under Production Linked Incentive (PLI) scheme, Union Minister of State for Commerce and Industry Som Prakash informed Parliament in reply to a question on whether it was planning to includ