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Dublin, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The
Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The
As many as 32 beneficiaries had been approved under the PLI scheme for large-scale electronics manufacturing, including mobile phones and specified electronic components.
The Empowered committee in the production-linked incentive (PLI) scheme has approved a disbursement of Rs 1,000 crore to beneficiary firms in the electronics sector. The government has already disbursed Rs 2,900 crore out of claims worth Rs 3,400 crore received under the scheme. The PLI scheme aims to boost domestic manufacturing, create jobs, and support exports. Sectors such as electronics, pharma, and medical devices are performing well under the scheme, while sectors like solar PV modules, ACC batteries, textiles, and specialty steel are not picking up well.