Page 2 - Pli Scheme

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

Smartphone makers may pay over ₹3 trillion in taxes by end of PLI

Smartphone sector's GST collections are likely to top ₹65,000 crore this financial year; the smartphone industry has credited the PLI scheme for boosting exports

Sona Comstar MD Singh flags magnet quality issues under PLI scheme

During the meeting, Singh raised concerns about the quality of magnets that will be produced in India under the scheme

Finance ministry raises questions over PLI plan for rare-earth output

Says these subsidies could leave bidder with little incentive to improve efficiency or cut costs

Govt revises textile PLI scheme to boost investment and ease norms

The revised PLI scheme for textiles cuts investment limits, eases eligibility norms, and extends deadlines to attract wider participation from the industry

Govt extends PLI scheme application deadline for textiles sector to Dec 31

The government has extended the last date for filing fresh applications under the production-linked incentive (PLI) scheme for the textiles sector till December 31. The decision follows the receipt of large number of applications in the latest invitation round that started on August 2025, from sectors including Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles. "Encouraged by the growing industry interest, the government is offering another opportunity to prospective investors to participate and benefit from the scheme," the textiles ministry said in a statement. The extension of the application window is a direct response to the industry's continued appetite for investment under the PLI scheme, reflecting increased market demand and confidence in the domestic textile manufacturing, it added. Interested applicants may submit their proposals through https://pli.texmin.gov.in/ PLI Scheme for Textiles was notified on September 24, 2021 with an objective to promote ..

CITI welcomes PLI Scheme 2.0 for textiles, says changes pivotal for growth

CITI has welcomed the PLI Scheme 2.0 for Textiles, saying the lower thresholds, wider HSN coverage and easier eligibility will benefit MMF apparel, fabrics and smaller firms

Panasonic India eyeing white goods PLI, new plant to tap market potential

Panasonic's expansion is aimed at shifting operations from Japan-led to India-led. CEO Tadashi Chiba indicates that Indian teams already handle global services, and the model will be strengthened

Ola Electric files PLI claim of Rs 400 crore, boosting financial prospects

Ola Electric has filed a claim of around Rs 400 crore incentive under the government's production-linked incentive (PLI) scheme, reinforcing its compliance with rigorous localisation and regulatory requirements, according to sources. As per industry sources, Ola has filed the claim with eligible sales of about Rs 3,000 crore for FY25, translating into an expected incentive of nearly Rs 400 crore. The incentive, calculated at a rate of 13 to 14 per cent, is expected to significantly strengthen the company's liquidity position and deliver a positive impact on its financial performance in the coming quarters, the sources close to the development said. Notably, Ola was the only two-wheeler Original Equipment Manufacturer (OEM) to receive the PLI incentive last year, marking a significant milestone for the company and the industry. Continuing this momentum, Ola has emerged as the top achiever in PLI-eligible sales in the two-wheeler category for two consecutive years, underscoring its .

Record shipments, powered by PLI: Smartphone exports cross ₹1 trn in 5 mths

India's smartphone exports surge 55% in five months, led by Apple makers Tata and Foxconn, as PLI scheme drives scale and component ecosystem growth

Electronic components PLI received over ₹50K cr proposals: Vaishnaw

Today, the world trusts India's electronics manufacturing capabilities, says Vaishnaw

In seven years, HVDC market size is going to be $12-15 billion: GE Vernova

India needs to progress in procurement. It must review its procurement process, says Bindele

Bidding for battery storage PLI in final stages, says Pralhad Joshi

Says nuclear energy laws being tweaked to attract pvt players

India, Mexico top global auto investments in H1 2025 despite slump

India and Mexico attracted the most auto projects in H1 2025, though global investment value nearly halved, reflecting EV policy uncertainty and shifting supply chain strategies

Datanomics: India's manufacturing sector yet to show its strength

While certain sectors such as smartphones have shown remarkable export growth, the broader manufacturing landscape does not tell an inspiring story

Apple's iPhone exports from India increase 82% to $6 billion in Q1

Total smartphone exports hit record $7.7 bn despite US tariff threat

Indian PCB market will hit $10 billion by early next decade: J S Gujral

The Indian market today is estimated to be around $6 billion, which is expected to cross $10 billion by early next decade, says Gujral

India needs more Apples: Replicating Apple's model to attract top brands

The PLI for smartphones was extremely sophisticated in design, a win-win for all parties

Mobile PLI created 130,000 direct jobs till Jun 2025: MoS IT Prasada

The PLI Scheme for Large Scale Electronics Manufacturing, mainly meant for mobile phone production, has created 1.3 lakh direct jobs till June 2025, Parliament was informed on Friday. Minister of State for Electronics and IT Jitin Prasada said in a written reply to the Rajya Sabha that the scheme has attracted cumulative investment of Rs 12,390 crore and achieved cumulative production of Rs 8.44 lakh crore. "India has transformed itself from a net importer to a net exporter of mobile phones. India is now the second-largest mobile manufacturing country in the world. The PLI Scheme has significantly boosted investment, production, exports, and job creation in India's electronics sector," Prasada said. He said that the country has exported goods worth Rs 4.65 lakh crore under the scheme. According to data shared by Prasada, the export of just mobile phones "increased 127 times" from India from Rs 1,500 crore in 2014-15 to Rs 2 lakh crore in 2024-25. The minister said 75 per cent of t