Page 43 - Pli Scheme

Application window for PLI scheme for white goods opens from Tuesday

The application window for the PLI scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the commerce ministry said on Monday. Commerce and Industry Minister Piyush Goyal on Monday held interaction with the industry on the Production Linked Incentive (PLI) scheme on white goods. "The interaction was held to take the feedback on the scheme, the application window for which will be open for three months from tomorrow," it said in a statement. Addressing the captains of the industry, Goyal said the scheme has been introduced to produce national manufacturing champions and it will bring cost-competitiveness, quality, efficiency and technology. The minister said that through PLI, India will leverage its competitive and comparative advantage to stake its claim in global supply chains. Goyal said that the selection of the companies eligible under the scheme will be done in a transparent and time-bound manner. PLI scheme for white goods was notified on April

Best of BS Opinion: Course correction on vaccine, climate of treason & more

Here are the best of Business Standard's opinion pieces for Tuesday

Has India clinched the manufacturing deal?

The scheme to offer cash incentives for local manufacturing of solar equipment as well as batteries may require a few iterations to really click, or it may fly in the first round of bidding itself

DPIIT issues guidelines on Rs 6,236 crore PLI scheme for white goods

The objective of the scheme is to create a complete component ecosystem in India and make the country an integral part of global supply chains

DoT announces guidelines for PLI scheme for telecom, networking equipment

DoT announced operational guidelines for Production Linked Incentive Scheme for telecom and networking equipment, notified on February 24 this year after extensive consultations with stakeholders

PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D

If a company invests Rs 100 crore, it can account for Rs 5 crore as technology transfer and Rs 15 crore as R&D expenditure.

PLI: DoT sets norms for Rs 12,195-cr telecom gear manufacturing scheme

The registration process for the scheme will begin on Friday and remain open for 30 days till July 3

Govt to notify PLI scheme for auto components, steel, textile: Official

India is pitching itself to be part of this global supply chain by attracting investments in these PLI sectors, says DPIIT official

Top Headlines: Panel wants PLI reform, Google clarifies 'social media role'

A committee headed by Union Cabinet Secretary has suggested a revamp of the production-linked incentive scheme to boost manufacturing.

Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing

Suggests institutional mechanism, regular hand-holding for firms

HFCL to participate in PLI for telecom, networking products manufacturing

HFCL supplies telecom equipment and fibre optics to most of the current Indian operators.

Govt gives approval to four firms under PLI scheme for bulk drugs

The government has given approval to four waitlisted firms under the Production Linked Incentive (PLI) scheme for domestic manufacturing of bulk drugs, an official statement said on Monday. The Department of Pharmaceuticals had launched the PLI scheme for promotion of domestic manufacturing of critical bulk drugs -- Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs). It envisages setting up greenfield plants in four different target segments with a total outlay of Rs 6,940 crore for the period 2020-21 to 2029-30. All the 215 applications received for the 36 products spread across the four target segments were considered and appraised and selected participants duly informed, the Ministry of Chemicals and Fertilizers said. Now, four waitlisted applicants who are otherwise eligible have been approved against slots vacated by withdrawal by companies which had earlier been granted approvals, the ministry said. The companies which have been gi

Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week

The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports.

Scheme for IT hardware: PLI pledges miss govt's ambitious target

Production and export commitments by 19 companies are much lower than government's projections

Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

Solar PLI scheme to benefit incremental panels demand till FY30: Ind-Ra

The allocation of Rs 4,500 crore towards solar modules manufacturing industry can benefit sales of 20 gigawatts from capacity developed under the production linked incentive scheme, Ind-Ra estimates

Cabinet approves Rs 18,000-cr PLI scheme for battery manufacturing

The Centre hopes to create direct investment of Rs 45,000 cr in ACC Battery storage projects

Cabinet approves Rs 18,100-cr PLI scheme for promoting battery storage

Government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore

Mobile phone production down 50% amid a relentless second Covid-19 wave

Slowdown visible since late February, says IDC

Dixon invests Rs 600 crore to build new facility under PLI scheme

Dixon has earned revenues of Rs 4,400 crore and is in the bottom 20 of the global pecking order of EMS players