Page 34 - Pli Scheme

White goods PLI round 2: 19 global, domestic companies file applications

A senior government official said the second round of applications was invited as the entire allocated funds were not utilised.

19 firms file applications under PLI scheme for white goods in 2nd round

The ministry said that among the 19 applicants, eight are for AC components and 11 for LED Lights

India's largest gold refiner emerges as key player in high-tech PLI schemes

The company topping the evaluations rankings is unlikely to ring a bell: Rajesh Exports

PLI scheme with a return for the government

Despite the massive opportunity cost of the PLI scheme, there is considerable enthusiasm amongst the proponents of the scheme

Only 9% of India's semiconductor needs fulfilled locally in 2021: IESA

The Indian semiconductor market was valued at $27 billion in 2021 and is expected to grow at a healthy CAGR of 16% from 2019 to 2026 to reach $64 billion in 2026, says IESA report

We will regain 50% market share gradually: Maruti Suzuki CEO

In a Q&A, Hisahi Takeuchi also explains why the company won't be able to launch its first EV in the affordable segment

Govt okays 61 firms for textiles PLI scheme, aims Rs 19,077 cr investment

Seven foreign companies have committed total investment of Rs 3,559 crore for the plan

Govt approves 61 proposals of over Rs 19k cr under PLI scheme for textiles

Textile Secretary U P Singh said that a total of 67 proposals were received under the PLI scheme for the textiles sector

GatiShakti, PLI scheme to offset global headwind, boost growth: FinMin

'Geopolitical conflicts and their consequent impact on food, fertiliser and crude oil pri­ces cast a cloud on the growth outlook globally'

Top Headlines: Tax collections at Rs 13 trn; PSBs stare at Rs 13k crore-hit

In FY22, direct tax collections broke all records, touching Rs 13,81 trillion. Future Retail and Future Enterprises defaulted on loan repayments worth Rs 8,157.97 crore. More in our top headlines:

Testing times for PLI schemes: Covid-related delays put firms in pressure

Companies have petitioned the government to double the incentive from 2.5 per cent to 5 per cent and extend the tenure

What are the challenges facing the PLI scheme?

Apple is ramping up its production in India. The govt's production-linked incentive, or PLI scheme, seems to have helped it. Is it good for other sectors too? And what are the challenges it is facing?

TMS Ep141: Income tax changes, PLI challenges, markets, Bear Trap

What is going to change for income tax payers from today? What are the challenges facing PLI scheme? Will rising interest rates and muted earnings dampen FY23? What is a Bear Trap? All answers here

Top headlines: Govt to review PLI progress; Axis buys Citi's India's biz

The central government will do a two-stage review of the PLI scheme to determine its progress and implementation across sectors. More on this in our top headlines.

iPhone production under PLI scheme may hit Rs 25,000 crore in FY23

Apple vendors pledge 3x rise in manufacturing over FY22

Govt to undertake a two-stage review to determine PLI scheme progress

This will be followed by utilisation of unused funds and the possibility of reallocation to the government department and ministries, which need more amounts, will be assessed

Reliance New Energy Solar, Ola among firms selected for PLI scheme

The selected companies which include Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors Co will receive incentives under India's Rs 18,100 crore-programme for local production

Mobile phone exports set to cross Rs 43,500 crore this financial year: ICEA

The export of mobile phones from India is driven by Apple and Samsung

Four firms selected for Rs 18,000 crore PLI scheme for ACC battery

Four companies have been selected to receive incentives under the government's Rs 18,100 crore PLI scheme for Advanced Chemistry Cell (ACC) battery storage, the government said

Auto PLI scheme: Maruti, Hero among 75 firms to get govt's nod

Bharat Forge, Bosch India, CEAT, BHEL, and Ola Electric also on the list