"pli-scheme"

China has filed a complaint with the WTO, challenging India’s PLI schemes and EV manufacturing incentives. Beijing claims the policies favor domestic products over imports, affecting Chinese exports, particularly in electric vehicles and advanced battery technologies

The Department of Telecommunications (DoT) notified the 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.

Bhavish Aggarwal-run Ola Electric reported a massive net loss of Rs 564 crore in Q3 of FY25. It is laying off more than 1,000 employees in its second round of job cuts within months  

Securing local battery production infrastructure will shield the country’s green goals from external risks

The claim was filed by the South Korean electronics manufacturer under the Production Linked Incentive scheme for large-scale electronics manufacturing announced in 2020.

The Ministry of Electronics and IT, Secretary, Alkesh Kumar Sharma said that the response to PLI Scheme 2.0 for IT hardware has been more than expected

There is no proposal at present to impose import restrictions on more electronic goods, Commerce Secretary Sunil Barthwal said on Monday

The government on Friday said production-linked scheme for large scale electronics manufacturing has seen investments worth Rs 6,887 crore

A major challenge now will be to scale up local manufacturing so that the industry is able to meet the ever-rising domestic demand

The scheme is aimed at broadening and deepening the IT hardware manufacturing ecosystem in the country

Telangana-based MPL Group signs MoU with union government to produce Speciality Steels in India.

Hyderabad: Indian pharma needs to move from low-risk research and innovation to high-risk research and innovation. And that’s where the country is lagging. Investing in high-risk innovation is very capital intensive and the return on that investment is both uncertain and long-term. To aid innovation, there needs to be adequate risk capital and a different […]

New Delhi: The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response. “The Production […]

New Delhi: India’s smartphone market revenue crossed $38 billion in 2021 with 27 per cent (on-year) growth, as shipments grew 11 per cent to reach 169 million units, a new report showed on Monday. India’s smartphone market retail ASP (average selling price) grew 14 per cent (on-year) to reach its highest ever at $227 (nearly […]

Visakhapatnam: The Production-Linked Incentive (PLI) scheme of the Central government for pharmaceuticals would accelerate further growth in the pharma sector, according to the Joint Secretary-Department of Pharmaceuticals. Addressing Pharma Mart 2021 conference `Pharma manufacturing industry: Challenges and opportunities’ organised by the Confederation of Indian Industry (CII) through virtual mode here on Thursday, he said that […]

The drone airspace map comes as a follow-through of the liberalised Drone Rules, 2021 released by the Central Government on 25 August 2021, the PLI scheme for drones released on 15 September 2021 and the Geospatial Data Guidelines issued on 15 February 2021.   

Finance Ministry report suggested that maintaining a fast pace of vaccination and plugging the lags in the healthcare infra would be the most sustainable stimulus for economic recovery

The Ministry of Electronics and IT has cleared 16 proposals from domestic and international companies entailing investment of Rs 11,000 crore.

Scheme to lead to net savings of Rs 2 lakh crores-Rs 2.5 lakh crores on account of oil import bill reduction

To promote exports of textiles products, RSWM Ltd Chairman and MD Riju Jhunjhunwala suggested the government to come up with an export scheme like DEPB (duty entitlement passbook scheme) in different forms.