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Government Extends PLI Scheme for Automobile and Auto Components Industry
The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Components Industry by one year with partial amendments. The scheme aims to provide clarity and flexibility to the industry and will be applicable for a total of five consecutive financial years starting from 2023-24....
Cabinet Clears Rs 17,000 crore-IT Hardware PLI Scheme 2.0
The Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of Rs 17,000 crore. Electronics manufacturing in India has witnessed consistent growth with a 17 per cent ...
Government May Announce PLI Scheme For More Sectors In Budget
The government is likely to extend fiscal incentives for production of toys, bicycles and leather and footwear in the forthcoming budget as it looks to expand production linked incentive (PLI) scheme to cover more high-employment potential sectors, sources said. The government ...
PLI Scheme For Textiles Attracts Rs 1,536 Cr, In Investments: Govt
The Rs 10,683-crore production-linked incentive scheme for India's textiles sector attracted investments of Rs 1,536 crore as approval letters were issued to 56 applicants who met the eligibility criteria, the government said on Monday. Applications under the PLI Scheme for textiles ...
5 Large Cap Companies Benefiting From PLI Scheme By Government
Production Linked Incentives (PLI) Scheme from the government is a scheme that aims to boost manufacturing, export, and investment in the country. The government of India initiates the scheme to generate more employment, encourage other companies worldwide to find the workforce ...
What is PLI Scheme of Goverment? What Are Its Benefits?
Production Linked Incentive (PLI) Scheme from the government aims to expand manufacturing and production in India. Firstly the scheme was introduced for only the large scale electronic manufacturing sector in 1 August, 2020. However towards the ending months of the year ...
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