The Ministry of Textiles has made major amendments in the Production Linked Incentive (PLI) Scheme for MMF Apparel, MMF Fabrics and product of Technical textiles. The application portal of the scheme is opened up to 31 December, 2025. These amendments are to tackle industry issues, enhance ease of doing business, bring investments, and propel growth,…
The application window for the PLI Scheme for White Goods (ACs and LED Lights) is being reopened based on the appetite of the industry to invest more under the Scheme, which is an outcome of the growing market and confidence generated due to manufacturing of key components of ACs and LED Lights in India under…
The government has extended the application deadline for the Production Linked Incentive (PLI) Scheme for Textiles till September 30, following overwhelming interest from the industry. Officials said the extension reflects the government’s commitment to supporting industry growth and aligns with the broader goal of making India a global hub for textile manufacturing. Image: Representational From ANI…
India’s mobile phone exports have surged 127 times in a decade, and they grew from Rs 1,500 crore to Rs 2 lakh crore, Union Minister of State for Electronics and Information Technology, Jitin Prasada, informed Lok Sabha in a written reply Wednesday. The minister attributed unprecedented mobile manufacturing growth to the Production-Linked Incentive (PLI). During…
Prime Minister Narendra Modi has completed 11 years in office and Indian capital markets during this time has seen a phenomenal rally. The bluechip Nifty index, has seen an unprecedented leap gaining a mind-boggling 241 per cent return, in just over a decade. Likewise, on the remarkable gains, the overall market capitalisation has zoomed by 442 per…
NEW DELHI: The government may keep an outlay of Rs 7,500 crore under the production linked incentive scheme for IT hardware products like personal computers, laptops, tablets and servers, according to a source aware of the development. Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years,…