PLI

India is on track to becoming a key player in the global semiconductor supply chain in the next decade with $ 10 billion of incentives and assistance provided to encourage local chip manufacturing, Union minister Rajeev…

Union Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 27 said the government will consider the Production Linked Incentive (PLI) scheme for Chemicals and Petrochemicals sector to…

Tata Motors has sought incentives for its Tiago electric car under a government scheme promoting domestic production of automobiles, said a senior company official. P B Balaji, group chief financial officer of…

The Vedanta-Foxconn joint venture (JV) on Tuesday said it had re-submitted an application to set up an electronic chip manufacturing plant in India. “We have submitted the application as per the revised guidelines. We are…

The Centre on Tuesday will review its ambitious production-linked incentive (PLI) scheme to sort out teething issues faced by beneficiaries of the scheme, and the focus will mainly be on sectors where the progress has been…

The Centre will weigh in on the move to ‘course correct’ as regards production-linked incentive (PLI) schemes in sectors that have seen little progress, government officials said on Tuesday. The government will take a call by the…

The revised IT hardware production-linked incentive (PLI) scheme will include eligibility thresholds on incremental investments and sales as well as penalties from the payable amount for a shortfall in committed targets of the applicants…

Image for representation purpose only. The government should not extend fiscal support under the production-linked incentive scheme (PLI) to small firm-dominated products like leather shoes and handicraft as the move may shift business…

The Union Cabinet on Wednesday approved the modified production-linked incentive (PLI) scheme for information technology (IT) hardware to boost local manufacturing of products like tablets and laptops, and more than doubled its…

Union Minister Dr. Mansukh Mandaviya and Ashwini Vaishnaw addressing the media on Cabinet Decision at National Media Centre. | Photo Credit: Sushil Kumar Verma The Cabinet, chaired by Prime Minister Narendra Modi, on May 17 approved the…