Fri, Sep 27, 2024
The government is working on the another round of the PLI scheme for speciality steel as the response for the first round of the initiative did not meet expectations, according to Steel Secretary Sandeep Poundrik.
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Wed, Jul 24, 2024
In a fillip to local manufacturing, 32 companies have invested Rs 8,282 crore under the production-linked incentive (PLI) scheme for large-scale electronics manufacturing till June 30, the Parliament was informed.
Wed, Jun 19, 2024
New sectors such as toys, furniture, and apparel will soon be included under the PLI scheme due to their significant job creation potential. Additionally, the government may broaden the PLI scheme for man-made fiber (MMF) and technical textiles to incorporate certain cotton-based apparel, with announcements expected in the forthcoming budget.
Thu, Nov 12, 2020
The extension of incentives to other sectors through the PLI scheme is expected to give manufacturing in India an impetus by creating a business friendly environment, coupled with other structural reforms including labour, land and tax reforms.
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