Page 45 - Pli Scheme

Govt approves Rs 6,238 cr PLI scheme for air-conditioners, LED lights

The government on Wednesday approved a production linked incentive (PLI) scheme for white goods - Air Conditioners and LED Lights - with a budgetary outlay of Rs 6,238 crore

NITI Aayog considers separate PLI scheme for MSMEs, examines biz models

Seeks different schemes for firms with higher targets, and smaller ones

Street signs: Macrotech GMP muted, PLI boost for AC companies & more

With the markets turning range-bound, investors are looking for bottom-up investment opportunities

PLI deadline: Device makers likely to knock on PMO door for extension

The scheme was the first among the 10 new PLI schemes across various sectors which was announced last September

Cabinet okays Rs 10,900 cr PLI for food processing units under 4 buckets

Indian FMCG majors like ITC, Adani Wilmar & Marico, apart from MNCs like Nestle are expected to benefit

Top headlines: PLI for food processing; RBI relief for auto-debit payments

Business Standard brings you top news of the day

Centre approves Rs 10,900 cr PLI scheme for food processing sector

The government on Wednesday approved a production-linked incentive (PLI) scheme for the food processing sector, entailing an outlay of Rs 10,900 crore. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the scheme which will help create 2.5 lakh jobs, boost exports and ensure availability of a wider range of value-added products for consumers. "The PLI for the food processing sector with Rs 10,900 crore incentive has been approved. The decision is a fitting tribute to our farmers," Food Minister Piyush Goyal said while briefing the media about the cabinet decisions. Information and Broadcasting Minister Prakash Javadekar said that the government in the Budget had announced PLI scheme for 12-13 sectors. PLI has been announced for six sectors already. "Today, PLI for the food processing industries has been approved," he said. This will boost production of value-added food products, attract foreign investment, create job opportunities besides benefiting farmers with

Status check of PLI schemes that aim to make India world's factory

Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers

Mobile device makers press for 2021 as zero year under PLI scheme

Companies eligible for the scheme ask govt to invoke force majeure clause

PLI schemes to reduce dependence on Chinese electronic products: Dhotre

PLI scheme for large-scale electronics manufacturing and IT hardware along with the scheme to promote component manufacturing will reduce the country's dependence on Chinese electronic products

Success of PLI scheme depends on how well Apple's India plans shape up

India is to be Apple's second significant global hub

Dixon Technologies surges 14%, hits new high as it turns ex-stock split

Dixon Technologies said the rationale behind the stock split is to encourage wider participation of small investors and to enhance the liquidity of the equity shares at the stock market.

Govt invites EoIs by April 30 to set up display fabrication units in India

According to experts, the technology is held by a select few companies in China, South Korea, Taiwan, and Japan

Aarti Drugs gains 6% as board to consider buyback on March 19

In the past six months, the stock of Aarti Drugs has underperformed the market by falling 7 per cent as against a 29 per cent rally in the Sensex

India looks to greater participation from Japan in PLI scheme: DPIIT Scy

The key sectors covered under the scheme include telecommunication, food processing, medical devices, automobile and its components, textiles and solar PV modules

Govt okays 33 API applications with Rs 5k cr investment under PLI scheme

In total, 215 applications have been received for the 36 products spread across the 4 target segments, the Ministry of Chemicals and Fertilizers said in the release

Say cheese: Amul to start making buffalo mozzarella, invest Rs 200 crore

Move over Italy, India could soon become the global export hub of mozzarella cheese

PLI for man-made fibre, setting up textile parks to boost production: AEPC

Production Linked Incentive scheme for man-made fibre and the creation of seven mega textile parks in the country will help increase production and exports of the sector, AEPC said on Wednesday.

PLI scheme can generate Rs 35-40 tn incremental revenue in 5 yrs: Report

PLI scheme that seeks to push domestic manufacturing in as many as 14 sectors has the potential to generate additional revenue worth Rs 35-40 lakh crore over the next five years, a report said.

PLI to drive capex in industrial sectors by 40-45 % in FY22: CRISIL report

India's GDP growth to be at 11 per cent in fiscal 2022, says report predicting two-phase economic recovery