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ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 545727.22 Crore) operating in Tobacco sector.

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Pli: The government plans to include more products in the textile sector such as man-made fibre and give firms an additional year to meet the manufacturing targets required to claim incentives for the scheme, the officials said. The scheme will also be extended by a year for the pharmaceuticals sector, while the financial allocation will be raised for incentive payouts to the production of drones to 3.3 billion rupees from the current 1.2 billion rupees, the officials added.

India is set to make amendments and widen certain regulations in five key sectors to enhance the utilization of its $24 billion industrial incentives, designed to promote domestic manufacturing, as confirmed by two government officials on Thursday.

India: The 1.97-trillion rupees production-linked incentive scheme (PLI), launched in 2020, covers 14 sectors ranging from electronic products to drones but has been successful only in a handful of them, triggering reviews.