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”.