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PLI scheme

Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

by Nevil Nickel
Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

NEW DELHI: The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in …

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Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

by Nevil Nickel
Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

Global tyre manufacturers including the likes of Michelin, Bridgestone, and Goodyear are gearing up to invest in India’s manufacturing sector, with potential entrants Yokohama and Birla Tyre also eyeing opportunities …

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India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura

by Mark McDuffie
India major gainer of China+1, exports to soar to 5 billion by 2030: Nomura

New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. …

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Panel to examine auto cos’ requests for quarterly incentives, more components under PLI: Official

by Nevil Nickel
Panel to examine auto cos’ requests for quarterly incentives, more components under PLI: Official

New Delhi, A government-formed panel will examine requests from auto manufacturers seeking quarterly incentive payouts and inclusion of more components under the production-linked incentive scheme, according to an official on …

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Govt invites bids for setting up ACC units under PLI scheme for battery storage

by Nevil Nickel
Govt invites bids for setting up ACC units under PLI scheme for battery storage

The Centre on Wednesday announced re-bidding under a PLI scheme for Advanced Chemistry Cells (ACC) to select bidders to set up mega battery manufacturing facilities of 10 GWh capacity with …

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PLI scheme: Centre extends auto PLI by a year

by Nevil Nickel
PLI scheme: Centre extends auto PLI by a year

The centre has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by a year. A statement from the Ministry of Heavy Industries (MHI) said this decision …

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Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

by Nevil Nickel
Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial …

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Part of ACC battery PLI sops may go to supporting renewable energy

by Mark McDuffie
Part of ACC battery PLI sops may go to supporting renewable energy

New Delhi: The Centre may earmark half of the incentives it plans to offer to bidders under the advanced chemistry cell (ACC) performance-linked incentive (PLI) programme to support manufacturing of …

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Electronics Sector: Empowered committee in PLI scheme approves Rs 1,000 crore disbursement to beneficiaries of electronics sector

by Mark McDuffie
Electronics Sector: Empowered committee in PLI scheme approves Rs 1,000 crore disbursement to beneficiaries of electronics sector

NEW DELHI: The Empowered committee in PLI (production-linked incentive) scheme has approved Rs 1,000 crore disbursement to beneficiary firms of the electronics sector, a top government official said. The government …

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Non-Semiconductor Sectors: Electronics industry body seeks PLI scheme for non-semiconductor sectors

by Nevil Nickel
Non-Semiconductor Sectors: Electronics industry body seeks PLI scheme for non-semiconductor sectors

New Delhi – Electronics industry body ELCINA has requested the government to come up with a production-linked incentive scheme for the non-semiconductor or computer chips sector which is dominated by …

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