India conducts 43.3 crore digital transactions every month: Nirmala Sithraman
New Delhi: Finance Minister Nirmala Sitharaman lauded the robust digital public infrastructure and widespread access that has propelled India to the forefront of digital transactions, media reports said.
Govt amends white goods PLI scheme rules for chosen candidates
New Delhi: The government, on Wednesday, tweaked the Production Linked Incentive (PLI) scheme rules for white goods for the selected candidates by modifying the method for assessing production value for internal consumption, sales to affiliated firms, and associated entities.
Dell, Acer, Asus among 32 companies to apply for Rs 17,000 cr IT hardware PLI scheme
New Delhi: The Centre has received a total of 32 applications from top companies including Dell, Acer, Asus, Lenovo, Foxconn, and Netware for the Rs 17,000 crore production-linked incentive (PLI) scheme aimed at boosting the manufacturing of IT hardware.
Tata Motors, Mahindra & Mahindra get certificates for PLI payout
New Delhi: Indian automakers Tata Motors and Mahindra and Mahindra have been granted domestic value certificates, a critical metric for eligibility in receiving payouts under India's Production Linked Incentive (PLI) scheme, Reuters reported.
Google plans to move some Pixel production to India from China: Report
New Delhi: Google is exploring options to assemble its Pixel smartphones in India, following a similar strategy to Apple's move to diversify production beyond China, reported Bloomberg.
New Delhi: The Production Linked Incentive (PLI) Schemes have led to a significant increase in production, employment generation, economic growth and exports in the country, a top government official said.
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.
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.
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.