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pli scheme

Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

by Horatio Thompson
Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

NEW DELHI: The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in …

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Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

by Horatio Thompson
Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

Global tyre manufacturers including the likes of Michelin, Bridgestone, and Goodyear are gearing up to invest in India’s manufacturing sector, with potential entrants Yokohama and Birla Tyre also eyeing opportunities …

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Panel to examine auto cos’ requests for quarterly incentives, more components under PLI: Official

by Horatio Thompson
Panel to examine auto cos’ requests for quarterly incentives, more components under PLI: Official

New Delhi, A government-formed panel will examine requests from auto manufacturers seeking quarterly incentive payouts and inclusion of more components under the production-linked incentive scheme, according to an official on …

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Govt invites bids for setting up ACC units under PLI scheme for battery storage

by Horatio Thompson
Govt invites bids for setting up ACC units under PLI scheme for battery storage

The Centre on Wednesday announced re-bidding under a PLI scheme for Advanced Chemistry Cells (ACC) to select bidders to set up mega battery manufacturing facilities of 10 GWh capacity with …

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PLI scheme: Centre extends auto PLI by a year

by Horatio Thompson
PLI scheme: Centre extends auto PLI by a year

The centre has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by a year. A statement from the Ministry of Heavy Industries (MHI) said this decision …

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Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

by Horatio Thompson
Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial …

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HP Partners With Google to Manufacture Chromebooks in India Starting Next Month

by Maya Ortiz
HP Partners With Google to Manufacture Chromebooks in India Starting Next Month

HP is collaborating with Google to manufacture Chromebooks in India to meet local requirements, the PC maker said on Thursday (September 28). The Chromebooks will be manufactured at the company’s …

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Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets

by Maya Ortiz
Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets

The Union Cabinet on Wednesday approved a Rs. 17,000 crore incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an …

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Aviation Ministry Invites Applications for PLI Scheme for Drones, Drone Components

by Maya Ortiz
Aviation Ministry Invites Applications for PLI Scheme for Drones, Drone Components

The Ministry of Civil Aviation on Thursday invited applications for Production Linked Incentive (PLI) scheme for drones and drone components. It said that the last date for submitting the application …

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local value addition: Auto companies flag local value addition math under PLI

by Horatio Thompson
local value addition: Auto companies flag local value addition math under PLI

Mumbai: Automakers that have qualified for the Rs 25,938 crore production-linked incentive (PLI) scheme for the sector have flagged problems with the calculation of local value addition. That’s making it …

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