Tag: PLI
View: The goal of India’s industrial policy should be profits, not votes
Between April and October, Apple Inc. exported about $7 billion worth of iPhones from India, most of them to the US. Prime Minister Narendra Modi…
From planes to chips to laptops, India is building manufacturing ecosystem
India wants to boost domestic manufacturing of IT hardware products like laptops, tablets and servers. The government is likely to offer some concessions in import…
PLI expanded to 16 sectors, Budget allocation at Rs 16k cr
New Delhi: The budget expanded the production-linked incentive (PLI) scheme to cover toys and footwear, enhancing the sectoral coverage to 16 while increasing allocations for…
pli: Govt assures PLI beneficiaries of timely resolution of issues, next high level meet in Sept end
New Delhi: Commerce and industry minister Piyush Goyal on Tuesday chaired the first cross- sectoral workshop on the 14 production-linked incentive (PLI) schemes to take…
Govt assures PLI beneficiaries to resolve their issues
New Delhi: The government on Tuesday assured beneficiaries of the Production Linked Incentive scheme to resolve their issues, if any so that they can avail…
pli: GTRI calls for simplifying PLI scheme; cautions against misuse by industry
The government should consider simplifying the criteria for grant of fiscal incentives under the PLI scheme while guarding against possible misuse of those support measures…
PLI schemes to be reviewed by fiscal year-end for any ‘course correction’
The government will evaluate by the end of this fiscal year the need for any course correction in the sectors where it launched production-linked incentive…
Niti Aayog working to integrate MSMEs with supply chains
The government plans to introduce a comprehensive policy for micro, small and medium enterprises (MSMEs) that will provide for easier credit, including collateral free loans…
Manufacturing PMI: India’s manufacturing PMI hits 31-month high, as factory orders surge on robust demand conditions
India‘s factory output in May expanded at the quickest pace in the last 31 months owing to strong demand and output, while improved optimism led…
GTRI: Introduce PLI for crucial components, reverse engg industrial labs, not small firm-dominated goods: GTRI
New Delhi: The government should not extend incentives under production linked incentive scheme (PLI) to small firm-dominated products like leather shoes and handicraft but to…