Page 2 - Pli Scheme

Eight more companies to get incentives under auto PLI from FY27: MHI

Eight more firms will start claiming auto PLI incentives from FY27, taking the total to 18, while the government moves to invoke guarantees of 10 firms for zero investment

Without storage, India's clean energy push will keep hitting limits

Expanding renewable energy must go hand in hand with growth in storage capacity

Samsung seeks PLI extension, eyes display manufacturing expansion in India

While Vietnam remains the company's main global manufacturing hub, Samsung's Southwest Asia President JB Park said India could see more investment if demand rises naturally

China complains against India at WTO over IT goods tariff, solar scheme

China has approached the WTO seeking dispute consultations with India over import duties on IT goods and local value norms under the solar PV production-linked incentive scheme

Smartphones fuel 38% jump in electronics export in FY26, shows data

India's electronics exports surged 38% to $31 billion in April-November FY26, led by smartphones and Apple iPhones, narrowing the gap with petroleum exports

PLI cumulative incentive disbursement reached ₹23,946 crore: Jitin Prasada

Government data shows PLI schemes for 12 sectors drove over ₹18.7 lakh crore in incremental production/sales as of September 2025

Reorient PLI scheme on labour-intensive sectors to create more jobs: NCAER

The study urges a reorientation of incentives toward textiles, garments and food processing to boost employment

CII seeks national M&E policy to position India as global creative hub

CII has called for a National Media and Entertainment Policy to unify regulations and unlock growth, arguing that India can build a globally competitive creative economy by 2030

Govt may relax rules under PLI scheme for ACC battery output after delays

In 2022, 30 GWh were allotted under the scheme, of which 20 GWh went to Ola Electric, and 5 GWh each to Reliance New Energy and Rajesh Exports

Lack of PLI forcing us to delay launches, says Ather CEO Tarun Mehta

Ather Energy is now the third-largest e-scooter maker by volume and No. 1 by revenue, but warns that the PLI policy's exclusions are delaying launches and hurting innovation, says Mehta

PLI incentive schemes: achieving ambitions, but timelines and progress vary

ICRA estimates that around Rs. 2.5 trillion capex will be incurred by March 2026, which is 60-65 per cent of the total estimated capex

Apple to dial up India output to $28 billion as exports rise sharply

Apple eyes $28 billion iPhone production in India for FY26, driven by a surge in exports expected to touch $22 billion - marking a 28% jump in its final PLI scheme year

Govt eases entry for MSMEs in third round of specialty steel PLI scheme

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

Foreign mining firms assure rare-earth oxide supply under PLI scheme

BHEL had informally reached out to about 20 foreign mining and refining firms to check if they would be able to supply rare-earth oxides to the winning bidders of the scheme, according to a government

Talks to begin on continuance of IT hardware import-management system

With the IMS for laptops and IT hardware set to expire on December 31, ministries will review its future amid rising imports from China and US concerns over India's monitoring framework

Govt says India's renewable energy sector has entered consolidation phase

Government says renewable sector is transitioning from rapid expansion to a consolidation phase, focusing on grid integration, dispatchable energy, and market reforms

Meity for inclusion of rare-earth magnet recycling in PLI scheme

The IT ministry has urged the heavy industries ministry to expand the proposed PLI scheme for rare earth permanent magnets to promote recycling, citing India's growing e-waste challenge

Govt reopens PLI scheme application window for white goods till Nov 10

The government has reopened the application window for the PLI scheme for white goods (ACs and LED Lights) till November 10, according to an official statement released on Friday. The application window for round four, originally open from September 15 to October 14, has been extended in view of the strong industry response and increasing investment appetite under the Scheme. The PLI scheme for White Goods, launched in April 2021 with a total outlay of Rs 6,238 crore, aims to boost domestic manufacturing, promote component localization, and strengthen India's global competitiveness in the air conditioner and LED lighting sectors. "The Department for Promotion of Industry and Internal Trade (DPIIT) has extended the application window for Round 4 of the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) till 10th November 2025," it said. The scheme is to be implemented over a seven-year period, from 2021-22 to 2028-29.

India's smartphone exports to US fly high, retreat in top European markets

An interplay of smartphone makers' decisions and government trade policies could be the reason for trend

Finance ministry rules out Customs duty relief for magnet PLI scheme

Finance ministry has ruled out customs duty exemption for REPM-making machinery, saying capital subsidy under the PLI scheme will offset high import costs amid China's export curbs