May 30, 2023 01:33 (IST)
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US reaches debt ceiling deal amid a looming financial crisis | Turkey election: Erdogan declares victory in runoff voting | PM Modi unveils commemorative stamp and Rs 75 coin to mark the inauguration of new Parliament building | 'Rahul Gandhi can get ordinary passport for 3 years and not 10': Delhi court | Abhishek Banerjee's mass outreach programme faces violent protest by Kurmi community in Bengal's Salboni

Amended PLI scheme for IT sector to produce 3 lakh jobs: Ashwini Viashnaw

New Delhi: Union Minister Ashwini Vaishnaw on Wednesday said that the recently approved modified production-linked incentive scheme for IT hardware manufacturing is expected to create approximately 75,000 direct employment opportunities as well as three times as many indirect jobs.

Rs 30 crores disbursed during FY 23 under PLI Scheme for drones and drone components: Centre

New Delhi/IBNS: The Ministry of civil aviation has disbursed nearly Rs 30 crores to the beneficiaries during FY 2022-23 under the PLI Scheme for drones and drone components, an official statement said on Tuesday.

PLI scheme: Govt clears Rs 357 cr for Foxconn India for phone manufacturing

New Delhi/IBNS: The government has given the green signal to a production-linked incentive (PLI) scheme of over Rs 400 crore for Foxconn India and Padget Electronics for mobile phone manufacturing.

Govt selects 67 applications under PLI scheme for specialty steel

New Delhi/IBNS: The government on Friday said it has shortlisted 67 applications from 30 companies under its Rs 6,322-crore production-linked incentives (PLI) scheme for specialty steel.

Civil Aviation Ministry notifies op guidelines for drone PLI scheme

New Delhi: The Civil Aviation Ministry Friday notified the operational guidelines for the Production Linked Incentive (PLI) scheme for drones and drone components.

PLI scheme worth Rs 35,000 crore for sectors like bicycle, leather, toys and container likely in next round: Report

Government is likely to include seven sectors, including bicycle, leather, toys and container, in the next round of Rs 35,000 crore production-linked incentives (PLI) scheme, media reports said.

India's monthly mobile phone exports cross record $1 billion in Sept: Report

India's monthly export of mobile phones crossed the $1 billion threshold (more than Rs 8,200 crore), for the first time ever, reported The Economic Times.

Domestic expertise in items of huge global demand key to make India $5 trillion economy: FIEO CEO Ajay Sahai

Identifying and building domestic capabilities of those items which have huge global demand will expedite India's journey to a $5 trillion economy by 2025, according to Dr Ajay Sahai, DG & CEO of the Federation of Indian Export Organisation (FIEO).

LG, Mitsubishi, Wipro and 12 others selected in 2nd round of PLI scheme for White Goods

A total of 15 applicants have been selected under the 2nd round of the PLI scheme in White Goods.

PLI scheme for specialty steel: Govt may extend the deadline for applications for a 3rd time

New Delhi: The Centre may extend the deadline for submitting applications for PLI scheme for speciality steel with only 10 applications received so far, even as the last date for applying was was extended twice, media reports said.

19 companies apply in 2nd round of PLI scheme for white goods

New Delhi: A total of 19 companies with proposed investments of Rs 1,548 crore have applied to avail the benefits under the second round of PLI scheme for white goods, the commerce and industry ministry said on Tuesday.

31 companies approved under PLI Scheme for manufacturing of telecom and networking products

New Delhi: A total of 31 companies have been selected under the PLI Scheme for manufacturing of telecom and networking products in India, Minister of State for Communications Devusinh Chauhan said in a written reply to Lok Sabha on Wednesday.

Auto PLI gets investment proposals worth Rs 75K crore, exceeds govt expectations

New Delhi/UNI: The production linked incentive (PLI) scheme for auto & auto components has attracted investment proposals of Rs 74,850 crore against the target estimate of Rs 42,500 crore over a period of five years.

Centre invites applications from drone industry for PLI scheme

New Delhi/IBNS: The government has invited applications from drone industry for Production Linked Incentive (PLI), Ministry of Civil Aviation said.

Tata Motors, Eicher Motors, Hero Motocorp among 20 companies approved under PLI scheme for auto and auto component industry

New Delhi/IBNS: The Centre on Friday approved 20 companies, who had applied for the Production Linked Incentive (PLI) Scheme for the automobile and automobile component industry under the “Champion OEM Incentive Scheme”.