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  • What is the PLI scheme, how does it work? Sep 16, 2021 04:05 PM IST

    What is the PLI scheme, how does it work?

  • PLI scheme for auto sector to help attract Tesla to set up manufacturing base in India: Mahendra Nath Pandey Sep 16, 2021 01:25 PM IST

    PLI scheme for auto sector to help attract Tesla to set up manufacturing base in India: Mahendra Nath Pandey

    The Union Cabinet on September 15 approved a 25,938-crore PLI scheme for the auto sector focused on promoting the manufacturing of advanced automotive technology products like electric and hydrogen-fuel vehicles.

  • The Green Pivot: Auto PLI aims at driving the sector for new-age technology Sep 16, 2021 08:42 AM IST

    The Green Pivot: Auto PLI aims at driving the sector for new-age technology

    The overarching principle of the auto PLI is to support innovation and new auto technologies, where India needs to compete against countries such as Taiwan and China

  • Auto industry veterans refer Rs 25,938-crore PLI scheme for sector as 'historic approach' Sep 15, 2021 07:04 PM IST

    Auto industry veterans refer Rs 25,938-crore PLI scheme for sector as 'historic approach'

    Tata Motors' Executive Director Girish Wagh said the new move reiterates India’s holistic commitment to a sustainable future and accelerates the country’s progress towards green mobility.

  • Cabinet clears Rs 25,938-crore PLI scheme for auto sector, here are key takeaways Sep 15, 2021 05:24 PM IST

    Cabinet clears Rs 25,938-crore PLI scheme for auto sector, here are key takeaways

    The scheme will create an additional 7.5 lakh jobs in the auto sector, bring in fresh investment of over Rs 42,500 crore and incremental production of over Rs 2.3 lakh crore, the government has said

  • PLI scheme to be a shot in the arm for drone manufacturers Sep 15, 2021 05:12 PM IST

    PLI scheme to be a shot in the arm for drone manufacturers

    In a move which is meant to enhance the number of beneficiaries, the government has agreed to fix the minimum value addition norms at 40 percent of net sales for drones and drone components instead of 50 percent.

  • Cabinet clears Rs 26,058-crore PLI scheme for auto and drones sector Sep 15, 2021 03:20 PM IST

    Cabinet clears Rs 26,058-crore PLI scheme for auto and drones sector

    The government has set aside Rs 25,938 crore to encourage domestic production of electric and hydrogen fuel vehicles and Rs 120 crore for making drones.

  • PLI scheme is a stitch in time for India's textile industry Sep 13, 2021 11:44 AM IST

    PLI scheme is a stitch in time for India's textile industry

    The PLI scheme seeks to restore India's eminent market position in the global textile exporter rankings. The onus is now on companies to rise to the occasion

  • Cabinet may approve PLI scheme for MMF, technical textiles on September 8 Sep 07, 2021 03:27 PM IST

    Cabinet may approve PLI scheme for MMF, technical textiles on September 8

    The proposal is expected to come up before the Union Cabinet meeting on Wednesday, the official added.

  • Wistron, Foxconn, Dell among 14 to get nod under PLI scheme for IT hardware Jul 02, 2021 08:27 AM IST

    Wistron, Foxconn, Dell among 14 to get nod under PLI scheme for IT hardware

    Over the next four years, these companies are expected to fuel a total production of over Rs 1.61 lakh crore, and generate direct employment opportunities for over 36,000 people.

  • MeitY approves 14 eligible applicants under PLI scheme for IT hardware Jul 01, 2021 09:18 PM IST

    MeitY approves 14 eligible applicants under PLI scheme for IT hardware

    The PLI scheme for IT Hardware extends an incentive of 2-4 percent on net incremental sales over base year of FY20.

  • Govt notifies Rs 18,100 crore-PLI scheme for promoting manufacturing of ACC batteries Jun 21, 2021 06:56 PM IST

    Govt notifies Rs 18,100 crore-PLI scheme for promoting manufacturing of ACC batteries

    According to a notification issued by the Department of Heavy Industry, the incentives will not be offered to conventional battery pack segment of the industry as such manufacturing activities are already happening in the country.

  • Department of Telecom issues guidelines for Rs 12,200-crore PLI scheme: Here's how to apply Jun 03, 2021 07:05 PM IST

    Department of Telecom issues guidelines for Rs 12,200-crore PLI scheme: Here's how to apply

    Once the application is cleared, the Department of Telecommunications shall grant approvals to 10 eligible applications each in MSME and non-MSME categories.

  • Centre gives approval to 4 firms under PLI scheme for bulk drugs May 31, 2021 09:11 PM IST

    Centre gives approval to 4 firms under PLI scheme for bulk drugs

    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).

  • DAILY VOICE: Buy into weakness in discretionary segments and not just on lockdown trade, says Piyush Nagda of Prabhudas Lilladher Apr 15, 2021 08:42 AM IST

    DAILY VOICE: Buy into weakness in discretionary segments and not just on lockdown trade, says Piyush Nagda of Prabhudas Lilladher

    India’s IPO market is witnessing a dream run. In FY21, almost 30 companies raised around Rs 31,000 crore. For FY22, the IPO pipeline is looking stronger, says Nagda.

  • Centre extends PLI scheme for manufacturing of air conditioners, LEDs and solar PV modules Apr 07, 2021 03:32 PM IST

    Centre extends PLI scheme for manufacturing of air conditioners, LEDs and solar PV modules

    Government has announced Rs. 4500 crore worth of benefits for solar photovoltaic modules, Rs. 6238 crore for LED bulbs. Incentives will be direct subsidies based on incremental production given to global champions who can bring in economies of scale, Piyush Goyal said.

  • Centre extends PLI scheme to food processing sector, announces Rs 10,900 crore worth of benefits Mar 31, 2021 02:35 PM IST

    Centre extends PLI scheme to food processing sector, announces Rs 10,900 crore worth of benefits

    Union Minister Piyush Goyal said that the allocation was made for the next six years and is expected to see employment generation of more than 2.5 lakh across the country and facilitate expansion of processing capacity to generate processed food output of Rs 33,494 crore.

  • Govt approves 33 API applications with over Rs 5,000 crore committed investment under PLI scheme Mar 11, 2021 10:29 PM IST

    Govt approves 33 API applications with over Rs 5,000 crore committed 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.

  • Explained | How did India get record FDI in FY21 despite the pandemic? Mar 08, 2021 03:46 PM IST

    Explained | How did India get record FDI in FY21 despite the pandemic?

    Foreign Direct Investment into India is poised to rise to a record in FY21 as the government actively wooed companies that manufactured in China and announced favourable policies such as the Performance Linked Incentives, while states continued to reach out to investors.

  • Is the PLI scheme enough to make Indian manufacturing self-reliant? Mar 08, 2021 08:27 AM IST

    Is the PLI scheme enough to make Indian manufacturing self-reliant?

    Sops can at best be short-term steps to boost industrial growth, but for long-term success a more holistic approach to removing impediments is needed 

  • HDFC Bank exploring sale of controlling stake in Syska Led Lights Mar 05, 2021 04:18 PM IST

    HDFC Bank exploring sale of controlling stake in Syska Led Lights

    Syska Led Lights may also explore a fund raise by selling a minority stake to PE funds, though according to reports this has been attempted once earlier.

  • PLI Scheme should lead India towards innovation: Amitabh Kant Feb 23, 2021 07:56 PM IST

    PLI Scheme should lead India towards innovation: Amitabh Kant

    Speaking at a virtual interactive session at BioAsia 2021, Amitabh Kant said some studies have indicated that the earlier scheme of 200 percent tax incentive on Research and Development activities has been "misused".

  • PLI scheme a path to Aatmanirbhar Bharat; William O'Neil India has these 6 stocks on its radar Feb 22, 2021 01:32 PM IST

    PLI scheme a path to Aatmanirbhar Bharat; William O'Neil India has these 6 stocks on its radar

    Brokerage firm William O'Neil India pointed out PLI scheme of the government aims at providing incentives to the companies with a vision of making India a hub for manufacturing and exports.

  • China Plus One | Get aggressive with trade deals and partnerships Feb 19, 2021 01:14 PM IST

    China Plus One | Get aggressive with trade deals and partnerships

    The government has taken several steps, such as the IBC and PLI schemes, to bolster its case as an attractive investment and manufacturing destination to corporations and countries with a China Plus One strategy 

  • These 4 stocks to gain most from Rs 12,000-crore PLI bonanza for telecom equipment Feb 19, 2021 10:55 AM IST

    These 4 stocks to gain most from Rs 12,000-crore PLI bonanza for telecom equipment

    Electric car manufacturers, battery makers, clothing brands and food processing companies to benefit from local manufacturing push, say experts.

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