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India Allocates $1 Billion to Private Firms in PLI Scheme: Official
India's Production-Linked Incentive (PLI) scheme has emerged as a game-changer in the nation's industrial landscape, with over $13 billion in investments poured by private firms since its inception in 2020. As per a senior government official, incentives worth $1.02 billion have ...
Engineering Sector MSMEs Seek 'Production Linked Incentive' Scheme
An engineering sector's body of MSMEs has demanded from the government to announce a production linked incentive scheme (PLI) for the industry to boost domestic manufacturing, exports and job creation. In a communication to the commerce ministry, Ludhiana-based Hand Tools Association ...
PLI Scheme To Promote Investment in New Age Auto Tech: ACMA
Auto components makers' body ACMA on Wednesday said the Production Linked Incentive (PLI) Scheme envisions creation of a self-reliant, globally competitive and future ready Indian automotive sector. The PLI scheme with an outlay of Rs 26,000 crore for five years commencing ...
Cabinet May Approve Revised PLI Scheme For Auto Sector on Tomorrow
The Union Cabinet is likely to approve on Wednesday the revised production-linked incentive (PLI) scheme for the automobile sector, which aims at promoting domestic manufacturing and create jobs, according to sources. The government is believed to have slashed the outlay for ...
PM Modi Thinks India's Economy Recovered Stronger, PLI Aided
Prime Minister Narendra Modi has addressed a virtual meeting to inaugurate Sardhardham Bhavan - a complex for providing training to job aspirants and said, "Covid-19 affected the economies of the entire world, including that of India. But our economy has recovered ...
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