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
As part of its 'Atmanirbhar' and Make in India plans, the government launched various schemes, including the production-linked incentive (PLI), in various sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply c
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
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
Chennai (Tamil Nadu) [India], April 28: TVS Motor Company posted highest ever revenue for the financial year 2024-25 at Rs. 36,251 Crores registering a growth of 14% as against Rs. 31,776 Crores recorded in 2023-24.
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.