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Production Linked Incentive scheme

755 PLI applications approved with Rs 1.23 lakh crore investment; 8 lakh jobs created: Centre

755 PLI applications approved with Rs 1.23 lakh crore investment; 8 lakh jobs created: Centre

Tue, Jul 30, 2024

The key sectors are mobile manufacturing and specified electronic components, pharmaceutical drugs and ingredients, manufacturing of medical services, automobiles and auto components, steel, telecom products, textiles, food and others.

Government reopens application window for PLI scheme for ACs, LED lights for 90 days

Government reopens application window for PLI scheme for ACs, LED lights for 90 days

Mon, Jul 08, 2024

In order to avoid any discrimination, both new applicants as well as existing beneficiaries of the scheme who propose to invest more by way of switching over to higher target segment, would be eligible to apply.

India's agrochemical industry poised to grow 9% CAGR over next few years: Report

India's agrochemical industry poised to grow 9% CAGR over next few years: Report

Sun, May 26, 2024

The influx of competitively priced products from China further exacerbated the situation last fiscal year. Firstly, the export market, which traditionally commands over 50 per cent of the industry's revenue, faced sluggish growth.

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Govt, industry discuss ways for successful implementation of PLI schemes

Govt, industry discuss ways for successful implementation of PLI schemes

Sun, Feb 04, 2024

Around 1,200 delegates including beneficiary companies under the PLI (production linked incentive) scheme for 14 sectors and officials met on February 3 to discuss and chart out the strategy for effective and seamless implementation of these schemes, the commerce and industry ministry said.

Centre Extends Auto PLI scheme for 1 year

Centre Extends Auto PLI scheme for 1 year

Wed, Aug 30, 2023

Auto PLI scheme extended for 1 year, incentive will be given every quarter instead of annually. Watch an exclusive interview with Dr. Mahendra Nath Pandey, Minister of Heavy Industries

USD 10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar

USD 10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar

Thu, Jul 27, 2023

Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said there is "not one person in the semiconductor global ecosystem" that does not see India as "a very credible, viable and fast charging destination for semiconductor investments and innovation".

PLI scheme, tax incentives, allocation for defence, space industry's wishlist for Union Budget

PLI scheme, tax incentives, allocation for defence, space industry's wishlist for Union Budget

Mon, Jan 16, 2023

The ISpA said a PLI scheme for the speace sector will promote research and development in the country and provide incentives to entities engaged in the sector.

Year Ender 2022: More initiatives on anvil to boost steel sector in 2023

Year Ender 2022: More initiatives on anvil to boost steel sector in 2023

Sat, Dec 24, 2022

India produced 113.43 million tonne of crude steel in January-November 2022, which is 10 per cent higher compared to the year-ago period. The government aims to double the country's annual crude steel making capacity to 300 MT from 150 MT at present.

What is a PLI scheme and how does it work?

What is a PLI scheme and how does it work?

Wed, Jun 15, 2022

What is a PLI scheme and how does it work? PLI schemes (Production linked incentive scheme) were introduced back in 2020 by the central government. PLI schemes help foreign companies to establish manufacturing units locally and also earn incentives on incremental sales. Here is all you need to know about it...

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

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

Wed, May 04, 2022

The government on Wednesday extended the deadline for submitting applications under the PLI scheme for specialty steel until May 31.

ACC Battery PLI scheme announcement today, 4 companies including Rajesh Exports may qualify

ACC Battery PLI scheme announcement today, 4 companies including Rajesh Exports may qualify

Mon, Mar 21, 2022

The government may announce the names of companies that qualify for the ACC Battery Production Linked Incentive (PLI) scheme on March 21, 2022.

Cabinet approves Rs 76,000-cr PLI scheme for semiconductor manufacturing

Cabinet approves Rs 76,000-cr PLI scheme for semiconductor manufacturing

Wed, Dec 15, 2021

The Union Cabinet approved a production linked incentive (PLI) scheme for semiconductor and display board production in the country, I&B Minister Anurag Thakur said.

Government receives strong response for Advanced Chemistry Cell PLI Scheme; online bidding to happen in two stages

Government receives strong response for Advanced Chemistry Cell PLI Scheme; online bidding to happen in two stages

Tue, Nov 16, 2021

The government has received strong response towards its Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) battery storage, according to a government release.

Cabinet APPROVES Rs 26,058 crore PLI scheme for auto, drone sectors for 5 years

Cabinet APPROVES Rs 26,058 crore PLI scheme for auto, drone sectors for 5 years

Wed, Sep 15, 2021

The PLI scheme has already been there in 9 sectors and the auto sector will be the latest addition to the list, the Minister said.

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