March 24, 2022 1:04 am
Incremental revenue addition of up to Rs 35 lakh cr likely under PLI scheme sectors, says Crisil Research
March 13, 2022 1:40 am
The `10,683-crore Production Linked Incentive (PLI) scheme for textile sector covers 40 MMF garment items, 14 MMF fabric goods and 10 techtex products
October 15, 2021 12:09 am
The scheme for telecom gear manufacturing in India is expected to encourage the production of equipment worth Rs 2.44 lakh crore and create direct and indirect employment for about 40,000 people.
September 16, 2021 7:12 am
According to the government, the scheme is expected to attract additional investment of Rs 42,500 crore to the automobile sector and generate 7.6 lakh jobs, according to the government.
September 16, 2021 1:12 am
A moratorium of four years on payment of spectrum purchased in past auctions, barring the auction of 2021, has also been offered to the telcos. All these measures are prospective in nature.
September 09, 2021 12:30 pm
The scheme aims to attract investments worth Rs 19,000 crore over five years to increase the production of in-demand textile products — man-made fibre (MMF) fabric, garments and technical textiles . This is part of a larger PLI scheme for 13 sectors, with a total budgetary outlay of 1.97 lakh crore.
July 12, 2021 12:54 am
The government had to, for instance, re-open applications for its PLI scheme for medical devices due to certain issues faced in filling up the 28 slots the first time around.
June 29, 2021 1:06 am
Accordingly, the termination year of the scheme will now be FY26 instead of FY25. However, the outlay, investment and sales targets, base year, and incentive structure will remain same.
June 07, 2021 12:07 am
The idea behind capping the investment on R&D as well as technology transfer, a senior DoT official said, was to ensure “incremental production” over the next five years.
June 03, 2021 4:04 pm
Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sumita Dawra said that the government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.