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Total 198 results found. Search for [ Production Linked Incentive ]

Results 1 to 21 of 198
BusinessToday.In
May 13, 2021
The scheme is directed toward cutting import dependence and promoting electric vehicle (EV) adoption


Joe C Mathew
May 12, 2021
India is sourcing almost 70 per cent of drug intermediates, key starting materials and active pharmaceutical ingredients (APIs) -- all essential raw materials needed to manufacture medicines from China


Sumant Banerji
New Delhi, May 12, 2021
India's scrappage policy for automobiles has the potential to reduce pollution and the industry's carbon footprint while creating employment and demand. It's a $6-billion opportunity


Sebi Joseph
May 7, 2021
Localisation has brought in the world's best-in-class technology, enabled knowledge sharing, tech transfers, and skilling of our people, and brought in value-added products to Indian shores


Ashutosh Kumar
May 7, 2021
The Finance Ministry report said that the fiscal position of the government has witnessed improvement with revival in the economic activities during the second half of 2020-21


BusinessToday.In
New Delhi, May 5, 2021
Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK; Apple's contract manufacturers Foxconn and Wistron, computer firm Dell and domestic company Lava are among the 19 companies that have applied for investments under the production linked incentive scheme for IT hardware manufacturing, said the Ministry of Electronics and IT; The Delhi High Court on Tuesday asked the Centre to show cause as to why contempt action should not be taken against it for violating the court's order on supply of medical oxygen to the national capital. Watch this and more news on News Blast.Also Read: Delhi hospitals face imminent water crisis amid Covid-19 surge


Rashi Bisaria
New Delhi, May 5, 2021
COVID second wave, lockdowns threaten Q1 growth: UBS With the second wave of the pandemic and the resultant localised lockdowns pulling down economic activity in April, Swiss brokerage UBS on Tuesday said this will impact the first quarter GDP to some extent. The UBS India activity indicator, which is a measure of a complex set of real-time economic activity numbers, fell 7 percentage points to 95 last month. Foxconn, Wistron, Dell, Lava and 15 other firms apply for PLI investments Appl...


PTI
May 5, 2021
The electronics hardware manufacturing companies that have applied under category IT Hardware Companies are Dell, ICT (Wistron), Flextronics, Rising Stars Hi-Tech (Foxconn) and Lava, Meity said


Joe C Mathew,Nidhi Singal
New Delhi, April 23, 2021
India has over the years offered many incentives to attract manufacturing investment.  India's new Production Linked Incentive (PLI) Scheme, aimed to reduce import dependence and promote local manufacturing, helped lure three of Apple's Taiwanese original equipment manufacturers - Foxconn Hon Hai, Wistron and Pegatron. Like Apple, about 70 firms have shown interest in availing the PLI Scheme to set up manufacturing facilities in three key sectors: mobile and electronic components; pharma-APIs (active pharmaceutical ingredients); KSM (key starting materials) and medical devices. But, can a purely demand-driven scheme (incentive is linked to incremental production and production is linked to demand) make a difference when demand and growth continue to lag in a pandemic-hit world? Watch the video to know.Also Read: Steel makers want PLI benefits to be extended beyond 5 years


PTI
April 22, 2021
Since the country is set to far exceed most of its 2015 Paris Agreement targets on climate change, analysts are keenly watching whether India raises its pollution curtailment targets or signals a 'net carbon neutrality' deadline at the two-day Climate Summit


PTI
April 18, 2021
Like other AC manufacturers, Godrej Appliances also went for a price hike recently to ward off inflationary pressure on the raw material inputs and hinted it may go up for a similar move again if the costs continued their northward push


PTI
April 17, 2021
The department for promotion of industry and internal trade (DPIIT)  said that mere assembly of finished goods would not be incentivised and companies investing in basic/core components would get a higher priority


Joe C Mathew
April 16, 2021
ISA, as well as steelmakers have been deliberating with the government and points of concerns have been shared like a longer gestation time is required for steel mills to realise PLI benefits instead of five years, Dilip Oommen, President of Indian Steel Association (ISA) and CEO of AM/NS (ArcelorMittal/Nippon Steel) India says


Reuters
April 15, 2021
Wistron's smooth working is key to Apple's ambitions in India as it gradually moves production to markets beyond China, navigating the trade war between Washington and Beijing and the coronavirus pandemic


Rajeev Dubey
New Delhi, April 14, 2021
With total incentives committed going as high as Rs 1.99 lakh crore over five years, PLIs now rival some of the biggest Government of India outlays such as Rs 3.05 lakh crore for reforms-based result-linked power distribution sector scheme and the Rs 1.4 lakh-crore Swachh Bharat Mission (Urban)


Joe C Mathew and Nidhi Singal
New Delhi, April 14, 2021
The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't


BusinessToday.In
April 14, 2021
The setting up of 16 plants will lead to investment worth Rs 348.70 crore and over 3,042 jobs. Their commercial production will start on April 1, 2023


PTI
April 9, 2021
This scheme is designed to create a complete component ecosystem in India and make India an integral part of the global supply chain, the body noted


Nidhi Singal
April 7, 2021
The conversation around the PLI scheme for air conditioners started in May last year and just a couple of weeks later the government and industry came together to chart out an initial strategy.


Nidhi Singal
April 7, 2021
The scheme is expected to be instrumental in achieving growth rates that are much higher than existing ones for AC and LED industries, develop complete component eco-systems in India and create global champions manufacturing in India


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