Search For "production linked incentive"
Apple's sales in India, a key market, surge to record USD 8 billion: Bloom
Updated : 1 year, 8 months ago IST
Apple Inc's annual sales in India hit a record of almost USD 8 billion in the recently concluded financial year 2023-24, reported Bloomberg, quoting a person familiar with the data.
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"Wake up Jairam Ramesh, this is not a dystopian world as you put it": Scin
Updated : 1 year, 8 months ago IST
Congress MP Jairam Ramesh today, attacked Telecom Minister, Scindia, where he said that he and the government have made "grandiose claims about India's phone manufacturing growth to justify the massive outlays in Production-linked Incentives (PLIs) given to firms in this sector."
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SBI Research recommends separate PLI Scheme for MSMEs
Updated : 1 year, 8 months ago IST
The Production Linked Incentive (PLI) scheme has been instrumental in augmenting India's manufacturing capacity by attracting fresh investments and facilitating substantial economic activity.
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Production Linked Incentive scheme for drones to kickstart industry, not p
Updated : 1 year, 8 months ago IST
The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for the sector to progress and should not be considered as a permanent subsidy scheme by the government, highlighted Union Minister Piyush Goyal.
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India visibly reaping dividends from global supply chains diversification
Updated : 1 year, 9 months ago IST
Faced with supply chain disruptions, particularly since the Covid pandemic hit in 2020 and subsequent flare up of geopolitical tensions that still continues, many leading global companies, in specific that are into manufacturing space, are diversifying their operations across regions. These
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"A lot of action is underway in coming five years", says Amitabh Kant at C
Updated : 1 year, 10 months ago IST
Kant said, "There is a huge disruption taking place and it's important that we accelerate the pace of electric vehicle both in two-wheelers and three wheelers which account for about 75 per cent of our vehicles and the government has already allocated Rs 57,613 crores for procuring 10,000 el
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Urban Tots Transitions to Public Entity: Paving the Path to Stock Exchange
Updated : 1 year, 10 months ago IST
New Delhi [India], May 10: Urban Tots, a leading toy manufacturing enterprise, has transitioned from a private to a publicly owned entity. This strategic move is a pivotal step in the company's ambitious journey to secure a listing on the stock exchange by 2026.
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Centre receives seven bids to set up giga-scale battery manufacturing faci
Updated : 1 year, 11 months ago IST
Ministry of Heavy Industries (MHI) has received bids from seven bidders under global tender for the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing announced on 24th January 2024, said a statement from Ministry of Heavy Industries on Tu
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Ministry of Heavy Industries announces seven bidders for PLI Advanced Chem
Updated : 1 year, 11 months ago IST
India's Ministry of Heavy Industries (MHI) has announced that seven bidders have submitted bids under the global tender for the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing.
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India must continue reforms, strive to create industrial revolution: Gurch
Updated : 1 year, 11 months ago IST
Emphasising the importance of keeping up the reforms momentum, noted author and economist Gurcharan Das has praised the central government for reforms such as the Goods and Services Tax (GST), which gave the country a unified tax structure, and the production-linked incentive or PLI scheme f
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CII President suggests Employment-linked Incentive schemes in line with PL
Updated : 1 year, 11 months ago IST
Speaking with ANI, CII President R Dinesh suggested that the government come up with employment-linked incentive schemes, in line with the Production Linked incentive (PLI) schemes which the government has launched for several sectors.
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ICAT awards its first PLI Automotive Certificate to Ola Electric Tech
Updated : 2 years ago IST
International Centre for Automotive Technology (ICAT), Manesar, which is one of the divisions of the National Automotive Board (NAB) under the Ministry of Heavy Industries has awarded its first PLI - Automotive Certificate to Ola Electric Technologies under the Production Linked Incentive (P
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