pli scheme

The government has approved 52 new applications under the Production Linked Incentive (PLI) scheme for the textile industry, which is the third phase. According to the Ministry of Textiles, these applicants have committed to investing 6,708 crore rupees, which is expected to generate an...

New Delhi, April 7 The government will expand the scope of the Rs 10,683-crore production-linked incentive (PLI) scheme for textiles, covering man-made fibre (MMF) apparel, fabrics, and technical textiles, Union minister Giriraj Singh said on Tuesday.The addition of products to the list of...

New Delhi, April 1 The production-linked incentive scheme to boost domestic mobile phone manufacturing received more than twice the target investment at ₹17,519 crore, and total production has exceeded the target by 36 per cent at ₹8.12 lakh crore, Parliament was informed on Wednesday.Data...

New Delhi, March 18 Solar equipment manufacturers have not received any funds under the Rs 24,000-crore production-linked incentive (PLI) scheme for them until the end of February, Parliament was informed on Wednesday.The Ministry of New and Renewable Energy, Government of India, is...

New Delhi, March 8 There is a need to relax the criteria for India's PLI scheme for automobiles to enable electric vehicle start-ups to benefit and contribute to the country's green mobility journey, according to Euler Motors Founder & CEO Saurav Kumar.The high revenue and investment ceiling...

New Delhi, February 27 Proterial, headquartered in Tokyo, will invest approximately USD 80 million (over Rs 720 crore) to set up India's first amorphous metal manufacturing unit in Andhra Pradesh to cater to the growing demand for the commodity, a top company executive said on Friday.Amorphous...