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Government announces ₹12,000 crore PLI scheme for telecom sector

The Cabinet has approved production-linked incentive (PLI) scheme for telecom equipment manufact…

PTI   


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2 mins read

Adani JV and IdeaForge among 14 firms shortlisted as beneficiaries for drone PLI scheme

Under the PLI scheme that was announced last year, the incentive for a manufacturer of drones and d…

PTI   


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Nokia, Foxconn among global firms to benefit from India's telecom PLI scheme of ₹3,345 crore

"The investment of Rs 3,345 crore in the next 4.5 years is just a beginning. Government is helpi…

PTI   


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2 mins read

Union Cabinet approves ₹6,322 crore PLI scheme to boost the steel manufacturing industry

In a major development for the country's steel sector, the Union Cabinet on Thursday approved a pro…

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India approves PLI scheme worth ₹10,900 crore in the food processing industry – FMCG stocks celebrate the news

“This will benefit farmers; this is a fitting tribute to 'Annadatas' (food providers), who despi…

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3 mins read

India's telecom equipment manufacturing sales cross ₹50,000 crore under PLI scheme

According to a press release by the Ministry of Communication, this accomplishment reflects the suc…

ANI   


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Govt approves PLI scheme for making drones with outlay of Rs 120 cr, comes out with norms

The government has approved the production-linked incentive (PLI) scheme for drones and drone compo…

ANI   


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2 mins read

"27 companies have been approved for PLI": Ashwini Vaishnaw on India's IT hardware revolution

Vaishnaw said, "As you're aware, a few months back, PM Modi approved the Production Linked Incentiv…

ANI   


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Indian government wants its IT hardware industry to be as globally successful as TCS, HCL Tech and Infosys — announces PLI scheme worth ₹7,250 crore

The Indian government’s aim is to make Indian IT hardware as successful as Indian IT services — whi…

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India is reportedly in talks with TSMC, Intel and other semiconductor giants to set up local production plants in the country

In a bid to push the semiconductor industry, which is in nascent stages, the Indian government is w…

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2 mins read

India wants to beat China at mobile manufacturing by expanding PLI schemes to more sectors

"We wanted India to become the second largest mobile manufacturer in the world. Now I am pushin…

PTI