[ad_1] The Empowered committee in PLI (production-linked incentive) scheme has approved Rs 1,000 crore disbursement to beneficiary firms of the electronics sector, a top government official said. […]
Samsung to receive incentives worth Rs 500 crore under PLI scheme
[ad_1] Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile phones in 2020-21, a senior […]
Govt plans over $2 billion in incentives for new manufacturing sectors
[ad_1] India is planning to offer incentives of up to 180 billion rupees ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers […]
Semiconductor PLI to help India do in 10 yrs what China did in 30: IT min
[ad_1] India is on track to becoming a key player in the global semiconductor supply chain in the next decade with $ 10 billion of incentives and […]
Industry players divided over capacity, penalty issues for PLI-AAC bids
[ad_1] The Union government on Monday facilitated a stakeholder consultation with industry representatives for their inputs and suggestions before the start of the re-bidding process of the […]
Amid tepid utilisation of funds, govt to review PLI scheme on Tuesday
[ad_1] The Centre on Tuesday will review its ambitious production-linked incentive (PLI) scheme to sort out teething issues faced by beneficiaries of the scheme, and the focus […]
Cabinet to approve Rs 25,000 cr scheme for semiconductor manufacturing
[ad_1] India’s semiconductor market to touch $64 bn by 2026: Counterpoint-IESA Union Budget 2023: Experts don’t expect surprises in social sector outlay Vedanta-Foxconn JV set to get govt […]
PLI scheme for mobile production led to 20% value addition, says govt
[ad_1] TVS Electronics up 18% on heavy volumes, hits 52-week high in weak market Apple unlikely to apply for subsidies under PLI 2.0 scheme: Report Centre likely to […]
PLI schemes ‘course correction’ likely in some sectors
[ad_1] The Centre will weigh in on the move to ‘course correct’ as regards production-linked incentive (PLI) schemes in sectors that have seen little progress, government officials […]
IT hardware players to lose on PLI incentives for failing to meet targets
[ad_1] The revised IT hardware production-linked incentive (PLI) scheme will include eligibility thresholds on incremental investments and sales as well as penalties from the payable amount for a […]