Page 2 - Pli Scheme

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

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