PLI Scheme

Specialty steel PLI scheme attracts ₹26,320 crore investment as the government pushes domestic manufacturing, higher production and import substitution

Commerce MoS Jitin Prasada said India is defending nine WTO disputes involving sugar subsidies, ICT tariffs and PLI schemes, with appeals pending in several cases.

In this session, industry stalwarts, S Sathish & Nikit Popli from KPMG in India talk about manufacturing, semiconductors and provide career tips to the B-Schoolers.

Building an industrial powerhouse requires thousands of mature products, not just frontier technologies

The government's PLI schemes across 14 sectors attracted Rs 2.4 trillion in investments and generated 1.45 million jobs by FY26, with exports rising to Rs 15.2 trillion

The government on Tuesday said that Production Linked Incentive (PLI) schemes have resulted in actual investments of over Rs 2.40 lakh crore and generated over 14.15 lakh jobs until March this year. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that the schemes have collectively enabled exports of over Rs 15.2 lakh crore since their inception, reflecting India's growing integration with global value chains. "As on March 31, 2026, under the PLI Schemes resulted actual investment of over Rs 2.40 lakh crore and employment generation of over 14.15 lakh (direct and indirect)," he said. According to the data provided by the minister in his reply, the maximum investment was received in the high efficiency solar PV modules (Rs 64,873 crore). It was followed by pharma (Rs 45,158 crore), auto (Rs 44,326 crore), speciality steel (Rs 23,896 crore), and the large-scale electronics manufacturing sector till March (Rs 20,580 ...

India wants to build the batteries that power electric vehicles, not just assemble them. But will that eventually make EVs cheaper? Here's what experts say

A new incentive scheme for smartphone manufacturing may help India get a bigger global market share, but there are barriers to cross

The Union Cabinet granted approvals to two key schemes: the Mobile Phone Manufacturing Scheme with an outlay of ₹62,500 crore, and ISM 2.0 with a budgeted outlay of ₹1.3 trillion.

Centre invites global bids for 10 GWh ACC battery manufacturing under the PLI scheme to boost grid-scale energy storage and strengthen domestic production

Ather, Euler Motors, River Mobility, Matter and Raptee urge the government to extend PLI benefits to new-age EV firms, citing investments, exports and manufacturing growth

ARAI has dropped its two-rate forex proposal for FY27 DVA calculations under the auto PLI scheme after automakers flagged audit, compliance and paperwork concerns

India remains the world's fastest-growing major economy despite a challenging global environment, and sustaining high growth will require continued reforms, investments and execution, HUL Chairman Nitin Paranjpe said on Tuesday. Addressing shareholders at the 93rd AGM, India has demonstrated "structural resilience" at a time when global economies are grappling with geopolitical conflicts, climate volatility, tightening financial conditions and shifting consumer behaviour. "While growth expectations have moderated, India continues to be the fastest-growing major economy," he said. India's long-term growth prospects are supported by "three drivers", which are favourable demographics, digital public infrastructure and a proactive policy environment. According to Paranjpe, India's young population can become a force multiplier for consumption, productivity and innovation, while the country's digital public infrastructure has created a unique foundation for commerce, credit and financia

As many as 96 companies have been selected under the third round of the Production Linked Incentive (PLI) scheme for textiles with a total investment commitment of Rs 12,822.67 crore, the government said on Wednesday. The textile ministry said 22 new applicants have been cleared in the latest meet under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The 22 newly approved companies are expected to bring in a total investment of Rs 2,339.14 crore, generate a projected turnover of Rs 15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain. "A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs 12,822.67 crore and a projected turnover of Rs 58,294.18 crore," an official statement said. The approved applicants span key focus segments of the PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles, thereby further ...

Every major industrial power has relied on long-duration strategic capital. If India insists on pure market competition, the playing field will remain inherently asymmetric

India plans a new support scheme for bulk drugs focused on R&D and capacity creation, while ruling out a broad medicine price hike despite rising input costs

To qualify under the ₹25,938 crore auto PLI scheme, a vehicle model's import content must be restricted to 50 per cent, meaning less than half of its value (in rupee terms) can be imported

The testing agency has eased domestic value addition certification norms for export models after automakers argued that additional paperwork increased compliance burdens

Automakers flag new export certification rules under the PLI scheme, saying added compliance burdens risk undermining ease-of-doing-business goals

Four institutional initiatives could materially accelerate the investment surge needed for the next phase of growth