Search For "production linked incentive"
Viraj Profiles Signs MoU with The Ministry of Steel Under PLI Scheme, Comm
Updated : 1 week, 1 day ago IST
Mumbai (Maharashtra) [India], February 12: Viraj Profiles Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of India's Production Linked Incentive (PLI) framework, marking a significant step toward strengthening India's capabilities in s
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India's medical devices industry to reach USD 50.1 billion by 2030: Report
Updated : 1 week, 1 day ago IST
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
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Lalbaba Engineering Limited Signs MoU under Government of India's PLI Sche
Updated : 1 week, 1 day ago IST
New Delhi [India], February 10: Lalbaba Engineering Limited, Kolkata-headquartered integrated manufacturer of seamless tubes, has signed a Memorandum of Understanding under the Government of India's Production Linked Incentive Scheme 1.2 for Specialty Steel marking its admission into the nat
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Higher PLI allocation & policy support for rare earth minerals to boost EV
Updated : 1 month, 2 weeks ago IST
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
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Rupee, gold movements being monitored, Budget lays foundation for long-ter
Updated : 1 month, 3 weeks ago IST
The Centre and the Reserve Bank of India (RBI) are closely monitoring the movement of the rupee and fluctuations in gold and silver prices, and will take action as required to safeguard macroeconomic stability, Anuradha Thakur, Secretary, Department of Economic Affairs (DEA), said on Sund
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PLI scheme boosting manufacturing, investments and exports: Jitin Prasada
Updated : 3 months, 1 week ago IST
The Production Linked Incentive (PLI) programme, rolled out across multiple priority sectors, has materially improved domestic manufacturing capacities, attracted large-scale investments and supported export growth in participating sectors, Jitin Prasada, Minister of State for Ministry of Co
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Semicon India Programme driving full-scale chip ecosystem, says MoS IT Jit
Updated : 3 months, 1 week ago IST
The Government's ambitious Semicon India Programme is rapidly building a complete semiconductor ecosystem, from design and fabrication to assembly, testing and packaging, Union Minister of State for Electronics and Information Technology Jitin Prasada informed the Rajya Sabha on Friday.
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India shifts from assembly to deep manufacturing as semiconductor push acc
Updated : 3 months, 2 weeks ago IST
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
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Ministry of Textiles approves 17 new applicants under PLI scheme for Texti
Updated : 4 months ago IST
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
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MSMEs lead as 13 companies file for Rs1,914 Cr investment under PLI for AC
Updated : 4 months, 1 week ago IST
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
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Govt extends PLI scheme deadline for white goods till November 10
Updated : 5 months, 1 week ago IST
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.
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 5 months, 1 week ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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