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
India has overtaken China in smartphone exports to the United States, marking a major milestone in the country's manufacturing journey, according to a social media post by PIB citing research firm Canalys. As per the post, schemes such as Make in India and the Production Linked Incentive
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 is rapidly becoming a central pillar of the China+1 strategy adopted by global auto OEMs, as companies look to diversify their supply chains and reduce dependency on China, according to a joint report by EY and Parthenon.
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
Indian industry leaders have hailed the government's approval of the Employment Linked Incentive (ELI) Scheme as a bold and timely move to tackle India's pressing job creation challenge.