Wednesday, October 20, 2021
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PLI scheme

Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

PLI scheme for white goods will extend an incentive of 4-6 percent on incremental sales of goods manufactured in India for a period of five years

Govt approves PLI scheme for air-conditioners, LED lights

Commerce and Industry Minister Piyush Goyal said that the approval of the scheme for ACs and LEDs will give a boost to domestic manufacturing.

India expects greater participation from Japan in PLI scheme

DPIIT Secretary Guruprasad Mohapatra said the government has undertaken several policy reforms, including PLI scheme, to boost manufacturing and exports

TV prices soared 300pc in last 8 months in India

The local TV manufacturers have been constantly appealing the government to take up TV manufacturing under the PLI Scheme.

Need to work hard to make manufacturing in India globally competitive: Modi

We believe that government interference in everything creates more problems rather than solutions. That is why we are emphasising on self-regulation, self-attesting, self-certification, he said.

Indo-China business as usual

China regaining its position as India’s top trade partner in 2020 reflects the hard economic realities

Mobile makers may miss target under PLI scheme

The companies include iPhone maker Apple's contract manufacturers Foxconn Hon Hai, Wistron, and Pegatron, apart from Samsung and Rising Star.

India aims to surpass China in mobile manufacturing: Ravi Shankar Prasad

India became the second largest mobile manufacturing country in 2017.

PLI scheme to be beneficial for auto industry: Fitch

Fitch Solutions Country Risk and Industry Research noted that some of the operational risks present in the country would still remain a challenge for many investors despite the incentive

Govt keen to make India as manufacturing hub: Amitabh Kant

Niti Aayog CEO said the government is finalising its plans to expand its production-linked incentive (PLI) scheme to more sectors for boosting domestic manufacturing

Spadework done on PLI scheme for auto, component manufacturers: Kant

If India is going to get a V-shaped recovery from the (current) crisis, it will have to be on the back of the automobile and auto component manufacturers, he said

‘Smartphones, components worth Rs 11.5 lakh crores to be produced in India in next 5 yrs’

Prasad said this scheme is not against any country, it is only India positive.

PLI scheme a ‘game changer’ for mobile manufacturing: ICEA

According to the IT Ministry, India's production of electronics grew from $29 billion in 2014 to $70 billion in 2019.

Govt starts inviting application for electronic incentive schemes

IT and Telecom Minister Ravi Shankar Prasad said India will initially aim to attract top 5 global mobile manufacturing companies and also promote five local firms that will be identified through a screening process

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