Page 33 - Pli Scheme

Why PLI scheme in IT hardware sector hasn't taken off despite laptop demand

Imports shoot up as local production remains way short of expectations

TVS Motor aims to build sustained dominant play in EV sector via PLI scheme

TVS Motor Company aims to build a "sustained dominant play" in the electric vehicle segment by leveraging various government initiatives like production-linked incentive scheme, among others

Time ripe for further transformation to make bank future-ready: SBI chief

State Bank of India will focus on digital agenda, and partner with fintech firms and NBFCs to drive growth, says Dinesh Khara

TMSEp183: PLI challenges, IPL media rights, falling rupee, wheat export ban

Why Chinese investment needed for PLI success? Will IPL viewership fall impact the media rights auction? How to save portfolio against falling rupee? Why did India restrict wheat exports? Answers here

Why India's curbs on Chinese investment may spell bad news for its plans?

The govt has been pursuing its PLI scheme to boost manufacturing and grow exports. But it involves a lot of competition from smaller nations like Vietnam and Malaysia. What are the challenges?

Govt extends PLI scheme for specialty steel a third time, till June 30

The government on Monday extended for the third time the deadline to submit applications under the production-lined incentive scheme for specialty steel till June 30, 2022.

India's aversion to Chinese investments and how geopolitics impacts PLI

India's stringent restrictions on Chinese investments have hampered the creation of a robust supplier ecosystem for mobile and IT device makers

Bharat Drone Mahotsav: Modi wants drones to be as common as mobile phones

Asks all ministries to increase use of drones in their work

India's auto component industry all set for electric vehicle shift

ACMA president, Sunjay Kapur says that the 75 companies eligible for the auto components production-linked incentive (PLI) scheme, have to invest Rs 250 crore each in five years to get the incentive

Points of departure

MNC exits raise concern

How policy uncertainty, other factors made Ford pull the plug on its EV PLI

The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat

New round of solar PLI to have 3 schemes for different product categories

Plans to include highest corpus to polysilicon manufacturing

Will the govt's plan to prune import dependency in a new avatar work?

The aim is to boost domestic output, without raising tariffs or providing subsidy, of items on whose imports India is heavily dependent. The plan is to start with consumer and capital goods

India's GDP may grow 7.4-8.2% in FY23, says CII president Sanjiv Bajaj

Bajaj said that to counter inflationary pressures, the central and state governments should cut taxes on petrol and diesel further

Ford drops plan to manufacture EVs in India; opts out of PLI scheme

At that time, the company said it was exploring the possibility of using one of its plants in India to produce electric cars for exports

3M is planning to go big in electronics space in India: Ramesh Ramadurai

'Thanks to the production-linked incentive (PLI) scheme, a lot of the supply chain will be localised to India'

Aviation Ministry invites applications for PLI schemes for drones

The Civil Aviation Ministry on Thursday invited second round of applications for the production-linked incentive (PLI) scheme that was announced last year to boost drone manufacturing in India. The first round of applications for this scheme were invited on March 10 and its results were announced on April 20, wherein Adani Group's joint venture company with Israeli firm Elbit, IdeaForge Technology, and 12 other drone companies were selected as beneficiaries. The ministry had on September 16, 2021, announced the PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. Under the PLI scheme, the incentive for a manufacturer of drones and drone components will be 20 per cent of the "value addition" made by the company during the next three years. The value addition is calculated as the annual sales revenue from drones and drone components (net of GST) minus the purchase cost (net of GST) of drone and drone components. About the .

Why we must clearly define atmanirbharta and our reasons for chasing it

Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI's search for strategic self-reliance, writes T N Ninan

What are advanced chemistry cells?

Advanced chemistry cell batteries may soon be manufactured in India, thanks to the government's PLI scheme. These cells account for 80% of the cost of lithium-ion batteries. Let's find out more.

Top headlines: LIC IPO, India Inc capex push, PLI round 2, and more

Here are the top headlines on Wednesday morning