"pli-scheme"

The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.

The proposal aims to achieve manufacturing of 50 gigawatts of battery storage.

The other electronics hardware manufacturing companies that have applied under category IT hardware companies are ICT (Wistron) and Flextronics, said an official statement.

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

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

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

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

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.

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

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

India became the second largest mobile manufacturing country in 2017.

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

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