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Thursday, May 16, 2024

Production Linked Incentive (PLI) Scheme

PLI scheme is India’s Springboard to achieve ‘Aatmanirbharta’: Piyush Goyal

Union Commerce and Industry Minister Shri Piyush Goyal today held interaction with the Industry on Production Linked Incentive (PLI) Scheme on White Goods (ACs and LED). The interaction was held to take the feedback on the scheme, the Application...

IREDA invites bids for Rs. 4500 crore Solar PLI scheme

Big boost to domestic production of Solar PV Modules Last date for application: 30th June Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE) has invited bids from solar module manufacturers for...

Approvals accorded under Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical...

The Department of Pharmaceuticals, with an objective to attain self-reliance and reduce import dependence in critical Bulk Drugs - Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs), had launched a Production Linked Incentive (PLI) Scheme for...

Union Cabinet approves Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights)

Incentives worth Rs. 6,238 Crore to be provided over five years for manufacturing of these products in India Production Worth Rs. 1.68 Lakh Crore and Exports Worth Rs. 64,400 Crore Estimated in Five Years Will help facilitate additional investments of Rs....

Efforts to Promote Technical Textile Sector

With a view to boost technical textiles sector in the country, the Government has approved the proposal for creation of National Technical Textiles Mission (NTTM) for a period of 4 years (2020-21 to 2023-24) with an outlay of Rs.1480...

Approval accorded under (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs)

The Indian pharmaceutical industry is the 3rd largest in the world by volume. It has high market presence in several advanced economies such as the US and EU. The industry is well known for its production of affordable medicines, particularly...

Narendra Modi has approved the Production Linked Incentive (PLI) Scheme for IT Hardware

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value...

Sixth Governing Council Meeting of NITI Aayog Concludes

The sixth meeting of the Governing Council of NITI Aayog was held today under the chairmanship of Hon’ble Prime Minister Shri Narendra Modi via video conferencing. It was attended by 26 Chief Ministers, 3 Lieutenant Governors and 2 Administrators,...

Amazon India to commence Electronic Devices Manufacturing in India

Shri Ravi Shankar Prasad, the Union Minister for Electronics & Information Technology, Communications and Law &Justice, today held a virtual meeting with Amit Agarwal, Amazon’s Global Senior Vice President and Country Head for India. Range of issues related to...

Decline in core sector output

After a steep decline in April 2020, the overall growth rate of industrial production of eight core industries started showing signs of recovery, thereafter.  The sector-wise and month-wise details of growth rate in the eight core industries since March...
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Poshn Secures $4 Million for Global Expansion in Food Supply Chain

Poshn, a pioneering full-stack foodtech supply chain startup, recently announced a new funding achievement. The company has successfully raised...
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