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The scheme aims to make domestic manufacturing globally competitive and create global champions in manufacturing, and it is yielding solid results: Sources
New Delhi, Jan 20: The Government is likely to extend fiscal incentives for production of toys, bicycles and leather and footwear in the forthcoming budget as it looks to expand production linked incentive (PLI) scheme to cover more high-employment potential sectors, sources said. The Government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high efficiency solar […]
The Union government is expected to increase financial incentives for the manufacturing of toys, bicycles,...
Government launched Production Linked Incentive (PLI) schemes in 14 sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency on imports.
NEW DELHI, Dec 24: About 40 per cent of India’s mobile exports so far in 2022-23 are iPhones. “Way to go! Thanks to PLI Scheme, India crossed Rs 50,000 CR export mark during Apr -Nov,2022 – up 110 per cent compared to same period last year. Main contributors are three Apple manufacturers- Foxconn, Pegatron & Wistron & Samsung. 40 per cent worth of smartphones exported from India are iPhones,” former CEO of Niti Ayog Amitabh Kant, who is also G20 […]