India Launches a New Steel PLI Scheme
The government’s revamped Production Linked Incentive (PLI) scheme for the steel sector has an estimated budget of Rs 4,300 crore. The revised plan aims to...
Tag : PLI scheme
Reliance Industries Secures 10 GWh ACC Capacity Under PLI Scheme for Battery Manufacturing
The Ministry of Heavy Industries announced on 4th September that Reliance Industries Ltd. has been awarded 10 GWh capacity for Advanced Chemistry Cell (ACC) manufacturing...
GOI Extended PLI Scheme Application Window for White Goods
The Indian government has extended the application window for the Production Linked Incentive (PLI) scheme for white goods (including air conditioners and LED lights) until...
Govt Approves Rs 357 Crore for Foxconn Under PLI for Mobile Phones
Under the handset production-related incentive scheme, the government has approved Rs 357.17 crore for Apple supplier Foxconn India and Rs 58.29 crore for Dixon Technologies...
Solar Shares Up 6% After Union Cabinet Approves PLI Scheme
Shares of Sterling and Wilson Renewable Energy (NSE 2.7%) and Borosil Renewables (NSE 5.07%) rose to 6% in trading on Thursday after the Union Cabinet...
FDI Expected to Reach $100 Billion in 2022-23, Says PHDCCI
According to the PHD Chamber of Commerce and Industry (PHDCCI), India is expected to attract $100 billion in foreign direct investment (FDI) in 2022-23 due...
Centre Added 3 New Member in SCALE Committee
The centre has increased the Steering Committee for Advancing Local Value-Add and Exports (SCALE) committee by adding three new members. The new appointments are Panasonic...
GDP to Enhance at 9.5% as Growth Impulses Strong: RBI Governor
Acknowledging the development is impulsive, and the fast-moving economic indicators are strong, Reserve Bank of India (RBI) Governor Shaktikanta Das exuded confidence in the economy...
India’s Mobile Phone Exports Grow 250% in June Quarter
Mobile phone exports from India grew a massive 250 per cent year-on-year in the April-June quarter, according to the India Cellular and Electronics Association (ICEA)....
Samsung Skips Telecom PLI Scheme
Samsung has not applied for the production-linked incentive scheme for telecom gear manufacturing, while Swedish telecom gear maker Ericsson participates through its vendor Jabil Circuit....
