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  • Samsung India, 41 others get govt nod under PLI scheme for telecom, networking products Oct 31, 2022 09:55 PM IST

    Samsung India, 41 others get govt nod under PLI scheme for telecom, networking products

    The list of approved applicants include Flextronics Technologies (India), Samsung India Electronics, Nokia Solutions and Networks India, Jabil Circuit India, Dixon Electro Appliances, HFCL Limited, ITI Limited, Tejas Networks, Rising Stars Hi-Tech, among others.

  • Goldi Solar, Waaree Energies keen to participate in PLI scheme for solar PV modules Oct 23, 2022 12:51 PM IST

    Goldi Solar, Waaree Energies keen to participate in PLI scheme for solar PV modules

    Last week, MNRE Secretary Indu Shekhar Chaturvedi said the proposals under the second phase of the Rs 19,500-crore production linked incentive (PLI-II) scheme for solar sector will be invited within a week's time.

  • Aim to start rolling out benefits of drone PLI scheme from next month: Govt sources Oct 07, 2022 06:07 PM IST

    Aim to start rolling out benefits of drone PLI scheme from next month: Govt sources

    The official added that a number of companies are still trying to prove their eligibility to be included under the PLI scheme but these discussions are likely to end soon.

  • The PLI schemes should be designed to take India to the edge of the technology frontier Sep 28, 2022 11:42 AM IST

    The PLI schemes should be designed to take India to the edge of the technology frontier

    The PLI schemes must go beyond mere financial help and government intervention must be transformative with deliberate involvement through direct investment, government-led R&D champions, and subsidized industry clusters

  • Moneycontrol Daily: Your Essential 7 Sep 22, 2022 06:17 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round-up of the most interesting articles to help jump-start the day.

  • Government receives 75 applications under PLI scheme for specialty steel Sep 18, 2022 11:37 AM IST

    Government receives 75 applications under PLI scheme for specialty steel

    Applicants include all major steel players like Tata Steel, JSW Steel, JSPL, AMNS India and SAIL, a senior steel ministry official said.

  • Rattan India's drone arm Neosky expects PLI incentives to start in next few months Sep 14, 2022 04:54 PM IST

    Rattan India's drone arm Neosky expects PLI incentives to start in next few months

    Neosky also unveiled its anti-drone machine 'Defender' today.

  • Discussion underway to extend PLI scheme to more sectors Sep 12, 2022 11:35 AM IST

    Discussion underway to extend PLI scheme to more sectors

    Discussions are also going on to bring PLI scheme for toys, furniture, bicycles and containers.

  • As drones fly high, Centre mulls rushing in more PLI fuel Sep 07, 2022 12:18 PM IST

    As drones fly high, Centre mulls rushing in more PLI fuel

    From Rs 88 crore before the production-linked incentive scheme was announced, the drone sector turnover has more than trebled to Rs 319 crore in fiscal 2021-22, much higher than the scheme's target of Rs 200 crore

  • Ola Electric to locally make battery cells under PLI scheme Jul 28, 2022 06:39 PM IST

    Ola Electric to locally make battery cells under PLI scheme

    With this, Ola Electric has become the only Indian EV company to be awarded by the Government under the Advanced Cell Chemistry PLI scheme.

  • Govt extends PLI scheme to 11 more firms for drone manufacturing Jul 06, 2022 07:57 PM IST

    Govt extends PLI scheme to 11 more firms for drone manufacturing

    The government has selected Aarav Unmanned Systems, Asteria Aerospace, EndureAir Systems, Garuda Aerospace, Roter Precision Instruments, Throttle Aerospace Systems, and Sagar Defence Engineering as beneficiaries under the PLI scheme, which already included five other drone manufacturers.

  • PLI scheme can add 4% to GDP annually, says new report Jul 05, 2022 05:30 PM IST

    PLI scheme can add 4% to GDP annually, says new report

    So far, the scheme has seen maximum response from the electronics, auto components, and pharma sectors, according to Emkay Investment Managers

  • Specialty steel: Govt extends deadline to apply for PLI scheme fourth time till July 31 Jun 30, 2022 09:56 AM IST

    Specialty steel: Govt extends deadline to apply for PLI scheme fourth time till July 31

    Initially, March 29 was the last date for manufacturers to apply for the benefits under the PLI (Production-Linked Incentive) scheme for speciality steel. It was later extended till April 30, and again to May 31, 2022. Then it was extended till June 30.

  • 15 more firms selected under PLI scheme for white goods Jun 28, 2022 01:23 PM IST

    15 more firms selected under PLI scheme for white goods

    In November last year, 42 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 4,614 crore were selected.

  • Rajesh Exports bucks weak market on display fab facility announcement Jun 13, 2022 05:20 PM IST

    Rajesh Exports bucks weak market on display fab facility announcement

    Shares of jewellery exporter Rajesh Exports surged 5 percent to Rs 549.20 on the BSE on June 13, in an otherwise weak market, a day after its subsidiary Elest announced it will be setting up the country's first display fab facility in Telangana with investments worth Rs 24,000 crore.

  • Raw cotton export not feasible right now; PLI 2.0 on the anvil, says textiles secretary Jun 06, 2022 04:58 PM IST

    Raw cotton export not feasible right now; PLI 2.0 on the anvil, says textiles secretary

    High cotton prices and southern spinners shutting down mills due to nonavailability of cotton at affordable prices are some of the pressing issues that plague the textile industry right now.

  • Modi govt @ 8 | Eight reforms that stand out May 26, 2022 07:38 PM IST

    Modi govt @ 8 | Eight reforms that stand out

    From PM Jan Dhan Yojana that promised to end ‘financial untouchability’ to the Goods and Services Tax regime, the Narendra Modi government has brought about several economic reforms through a mix of legislative and policy changes.

  • Decoding PLI: Energiser for self-sufficiency in solar power May 25, 2022 09:05 AM IST

    Decoding PLI: Energiser for self-sufficiency in solar power

    The PLI scheme should give a boost to backward integration in the manufacturing of solar modules, feels Ind-Ra. However, strict riders and price parity will determine the success of the programme

  • Export duty hike on steel items to hit projects under PLI scheme: Indian Steel Association May 22, 2022 03:57 PM IST

    Export duty hike on steel items to hit projects under PLI scheme: Indian Steel Association

    Imposition of export duties on steel products will send a negative signal to investors and adversely impact capacity expansion projects under PLI scheme, steel industry players said after the government removed customs duties on raw materials and hiked export taxes to check local prices.

  • Fees for drone pilot training course will decrease in 3-4 months: Scindia May 17, 2022 02:28 PM IST

    Fees for drone pilot training course will decrease in 3-4 months: Scindia

    New Delhi, May 17 Fees for drone pilot training course will decrease within the next 3-4 months as the number of schools providing this course are g..

  • Decoding PLI: Putting a shine to value-added steel production May 11, 2022 10:35 AM IST

    Decoding PLI: Putting a shine to value-added steel production

    Ind-Ra argues that the PLI scheme for speciality steel will help the domestic industry update technology, be cost competitive, and move up the value chain. However, certain challenges need to be overcome to make the scheme more inclusive

  • Deadline to apply for production-linked incentive for steel manufacturing extended till May 31 May 04, 2022 03:50 PM IST

    Deadline to apply for production-linked incentive for steel manufacturing extended till May 31

    The deadline has been extended for the second time. Initially, March 29 was the last date for manufacturers to apply for the benefits under the PLI (Production-Linked Incentive) scheme for speciality steel. It was later extended till April 30.

  • PLI for white goods: Take risks, innovate and go global, says DPIIT secretary Apr 28, 2022 10:28 AM IST

    PLI for white goods: Take risks, innovate and go global, says DPIIT secretary

    "The industry needs to take risks. It needs to think global and it needs to innovate continuously not just for Indian markets but for global markets. The industry needs to continuously develop its own standards."

  • Nitin Gadkari: Bottleneck in PLI scheme will be addressed Apr 27, 2022 11:52 AM IST

    Nitin Gadkari: Bottleneck in PLI scheme will be addressed

    Nitin Gadkari was speaking on the response so far from across all the sectors for which the scheme had been implemented and whether it had started off according to the government's expectations.

  • 19 firms file applications under PLI scheme for white goods in 2nd round Apr 27, 2022 07:49 AM IST

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

    The government in March reopened the application window for its Rs 6,238-crore production-linked incentive (PLI) scheme for air-conditioners (ACs) and LED lights with an aim to accommodate more players as several firms have expressed interest in the initiative.