Pli Scheme News - Latest Updates & Headlines
PLI scheme for electronics manufacturing has created over 1.37 lakh direct jobs: Govt
New Delhi, Feb 10: The production-linked incentive (PLI) scheme for electronics manufacturing has succeeded in attracting a cumulative investment to the tune of Rs 10,213 crore till December 2024, leading to the creation of over 1.37 lakh direct jobs and boosting the country exports, according to information tabled in the Parliament.
PLI booster: Apple iPhones hit record exports of Rs 1 lakh cr in 10 months this fiscal
New Delhi, Feb 10: Riding on the government's production-linked incentive (PLI) scheme, Apple has reached all-time high iPhone export figures from India at Rs 1 lakh crore for the 10 months (April-January) in the current financial year (FY25).
PLI for electronics manufacturing attracted Rs 10,213 crore investments: Minister
New Delhi, February 9: The Production Linked Scheme (PLI) for electronics manufacturing is performing well and it has attracted a cumulative investment of Rs 10,213 crore till December 2024, Union Minister of State for electronics and information technology Jitin Prasada informed Rajya Sabha this week.
Centre has no proposal to bring nano fertilizers under PLI scheme: MoS Anupriya Patel
New Delhi, February 9: The government has no proposal to bring the production of nano fertilizers under the Production Linked Incentive (PLI) scheme, MoS chemicals and fertilisers Anupriya Patel informed Lok Sabha this week.
India's semiconductor consumption market to grow at a 13 pc CAGR through 2030
New Delhi, Feb 9: Driven by the government's production-linked incentive (PLI) scheme, India's semiconductor consumption market which is valued at $52 billion in 2024-25 is expected to grow at a robust CAGR of 13 per cent through 2030.
Premature to say 'China Plus One' hasn't worked in India's favour: CEA Anantha Nageswaran
By Shailesh Yadav And Animesh Deb, New Delhi, January 31: It is premature to draw a conclusion that India has not been able to reap benefits from 'China Plus One' manufacturing strategy, as it has succeeded in indigenizing manufacturing of mobile phones and air conditioners over the past few years, Chief Economic Adviser Anantha Nageswaran said.
Manufacturing sector calls for pro-local manufacturing policies, GST reductions, and tax reforms ahead of Union Budget 2025-26
New Delhi, January 27: Days ahead of the Union Budget 2025-26 on February 1, the industry players in the manufacturing sector have called for favourable policies boosting local manufacturing, reducing GST on consumer durables, and tax reforms to increase disposable incomes and stimulate consumer spending.
Energy sector demands enhanced investment, PLI boost, and tax reform in Union Budget 2025
New Delhi, January 25: As the Union Budget 2025-26 is scheduled to be announced on February 1, the leaders in the energy sector are calling on the government to increase investment in renewable energy, support domestic manufacturing, provide financial support and rationalise tax structure.
India's electronics goods exports clock 35 per cent surge to record high in Dec
New Delhi, Jan 16: India's electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting the increase in foreign demand for high- value Indian goods and rising domestic production capacities, data compiled by the Commerce Ministry showed.
PLI 2.0 for IT Hardware sees Rs 10,000 crore production, 3,900 jobs in just 18 months
New Delhi, Jan 11: The production-linked incentive (PLI) 2.0 scheme for IT Hardware has seen Rs 10,000 crore production and 3,900 jobs in just 18 months of its launch, the government said on Saturday.
Centre launches PLI scheme 1.1 to boost production of high-value specialty steel
New Delhi, Jan 26: Union Minister of Steel and Heavy Industries H. D.