Tag: PLI

PLI Scheme Adjustments Anticipated as Government Aims for ₹13,000 Crores Disbursements in FY24

Ishika Setia - August 12, 2023

The government is making adjustments to certain production-linked incentive (PLI) schemes that have not garnered sufficient interest. Nevertheless, there is a strong belief in...

News

44 IT Hardware Companies Enroll for PLI Benefits: A Path to Enhanced Manufacturing

Ishika Setia - August 6, 2023

A top government official has disclosed that forty-four companies, including prominent brands, have submitted applications for incentives under the production-linked incentive (PLI) program for...

News

India’s PLI Scheme: A Modest Start with Room for Improvement

Ishika Setia - July 3, 2023

The government will conduct a review of its ambitious production-linked incentive (PLI) scheme in order to address the initial challenges faced by beneficiaries. The...

News

Samsung may loose PLI incentives over invoice issues

Nivedita Bangari - June 4, 2023

Samsung Electronics may be forced to forego perks during the first year of its production-linked incentive (PLI) scheme in India. Due to some invoicing...

News

Reports: Global Electronics and Hardware Manufacturers are now seeking PLI payments from the Government

Nivedita Bangari - July 22, 2022

Many international manufacturers of electronics and hardware are asking the Center to expedite the release of payments due to them under the country's powerful...

News

Only 2 to 3 company’s under the PLI scheme to meet their target due to global supply chain issues

Nivedita Bangari - March 30, 2022

Only two or three of the 14 enterprises eligible for the production-linked incentive (PLI) plan for IT hardware are anticipated to reach their first-year...

Technology

Samsung stays put from participating in India’s PLI scheme

Nivedita Bangari - June 20, 2021

India’s Production Linked Incentive scheme has garnered quite several tech giants wanting to participate in the scheme, however, the South Korean tech giant Samsung...

Technology

Centre approves 73.5 billion rupee plan to boost India’s local manufacturing and exports

Nivedita Bangari - February 26, 2021

With the Indian Government's push for an Atmanirbhar Bharat, the importance of local manufacturing products has increased in the market. as such the government...