Page 42 - Pli Scheme

Samsung gives PLI scheme for IT hardware and telecom equipment a wide berth

It has bet big on Vietnam as its key global manufacturing hub for exports

Diminished role for commerce ministry in export promotion may continue

With the Commerce Minister holding the additional charge of the Textiles Ministry, it is likely that more funds will be diverted to encourage exports of labour intensive textiles.

ReNew Power to bet on Solar PLI scheme, plans manufacturing foray

Firm is among top-5 renewable energy players in India with a solar and wind power portfolio of 9.8 Gw of commissioned and under construction capacity

VVDN gets approval under PLI Scheme for IT hardware manufacturing

VVDN Technologies, a premier electronic product engineering and manufacturing company, has been approved by the Ministry of Electronics and Information and Technology (MeitY) under the Production Linked Incentive scheme (PLI) for IT hardware.VVDN is amongst the 14 companies domestic and international, which has been granted approval for IT hardware manufacturing under Production Linked Incentive (PLI) scheme for IT hardware products. VVDN has also participated in the Govt. of India's PLI Scheme for Telecom and Networking equipment.With 5 state-of-the-art manufacturing units and 10 design centers across India, VVDN does the complete R & D, engineering and manufacturing of products in the domains 5G & Datacenter, Networking & Wi-Fi, Vision, and IoT. In IT hardware space, VVDN has vast experience in doing the design, development and manufacturing of rack storage servers, communication servers, ruggedized tablets, IoT tablets, desktop all-in-one PCs.Over the last year, ...

Samsung skips telecom PLI scheme; Ericsson participates through Jabil

South Korean electronics major Samsung has not applied for the production-linked incentive scheme for telecom gear manufacturing

HFCL's m-cap crosses Rs 10,000 crore mark; stock zooms 86% in a month

5G technology is the next big upgrade for telecommunication networks and HFCL is gearing up to offer various products, solutions and services for this segment

Centre approves 14 eligible applicants under PLI scheme for IT hardware

The target segments under the PLI Scheme for IT Hardware include laptops, tablets, all-in-one personal computers and servers

Taiwanese giant Wistron exceeds PLI investment obligation in just 8 months

Apple manufacturer invests Rs 1,255 crore in India factory

Infrastructure fund yields depend on govt expenditure, say analysts

Let managers of diversified equity funds decide exposure, avoid direct investment

Breather for electronics manufacturers as govt extends PLI by a year

Move will help mobile handset and other electronics makers impacted due to lockdowns

Inadequate planning

PLI schemes are being spread across too many sectors

Govt asks industry to take benefit of PLI, food processing sector schemes

Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme. "The government is committed to the development of the food processing sector. The government has taken several initiatives to harness the food and horticulture potential of the country," an official statement quoted Tomar as saying at the northern region food processing summit organised by industry body CII. The government has launched the PLI scheme for the food processing industry, under which Rs 11,000 crore will be spent, he said. Another scheme 'Prime Minister formalization of Micro Food Processing Enterprises (PMFME) has been launched under the Atmanirbhar Bharat Abhiyan to enhance the competitiveness of existing individual micro-enterprises in the unorganised sector. The scheme focuses on supporting groups engaged in agri-food processing such as Farmer Producer Organizations ..

Electronics firm Foxconn, others among 29 register under telecom PLI

The scheme will be effective from April 1, 2021.

Economy likely to see cyclical upturn, says DSP Investment Managers' Sambre

'This may be driven by enhanced government spending in core areas,' says Vinit Sambre, head - equities and fund manager, DSP Investment Managers

Top headlines: E-com flash sale banned; Airtel ties up with Tata for 5G

Business Standard brings you the top headlines on Tuesday

Govt notifies Rs 18,100 cr-PLI scheme to promote ACC battery making

Production linked incentives for manufacturing advanced chemistry cell batteries will be offered only to those firms that have been allocated the production capacity

Rs 6,322-crore steel PLI scheme likely to get Cabinet approval soon

A PLI scheme in specialty steel is expected to boost manufacturing capabilities for value-added steel, increasing exports

Nokia, HFCL among 25 companies register under PLI scheme for telecom sector

Around 25 telecom gear makers -- including Nokia and HFCL -- have applied under the Rs 12,195 crore production linked incentive scheme for the sector, according to official sources.

Opportunities galore in the east

A deeper integration with east Asian economies could be integral to India's economic recovery in the pandemic

Application window for PLI scheme for white goods opens from today

The application window for the Production Linked Incentive (PLI) scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the Commerce Ministry said on Monday