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Mobile manufacturers shortlisted under a production linked incentive scheme invested Rs 1,300 croreand produced goods worth around Rs 35,000 crore in the 2020 December quarter, the ministry of commerce and industries said on Wednesday. The Production Linked Incentive (PLI) Scheme for large scale electronics manufacturing was notified on April 1, 2020, under which there will be an incentive of 4 to 6 per cent on incremental sales for a period of five years subsequent to the base year. The government had selected 16 proposals under the scheme, including from Samsung, Foxconn Hon Hai, Rising ...

Amazon to start manufacturing Fire TV stick devices in India Production will start later this year at the Chennai facilities of Cloud Network Technology Amazon.com Inc on Tuesday said it would start manufacturing its devices in the country giving a huge boost to the Modi-government’s Make in India initiative. The e-commerce giant will first make the Fire TV stick, a streaming device. A company blog said production would start later this year at the Chennai facilities of Cloud Network Technology, ...

Nokia 3.4 alongside the Nokia 5.4 for the Indian market is manufactured by Padget Electronics, a subsidiary of Dixon, at its factory in Noida, Uttar Pradesh. Nokia 3.4 features a 6.39-inch HD+ punch-hole display with an aspect ratio of 19.5:9. Powered by Qualcomm’s Snapdragon 460, the smartphone ships with Android 10 out of the box. Its triple camera system consists of a 13 MP main camera, a 5 MP ultra-wide camera, and a 2 MP depth sensor. On the front, the device houses an 8 MP shooter. Nokia Mobile assures a battery life of up to 2 days with the 4000 mAh battery. Nokia 3.4 comes in Fjord ...

Highlights The government looks to spend Rs 1.97 lakh crore on various PLI schemes over the next 5 years, says FM Sitharaman. A scheme of Mega Investments Textile Park will be launched in addition to the PLI Scheme which will create world-class infrastructure with plug and play facilities to enable global champions in exports, said Union Finance Minister Nirmala Sitharaman. In November, the government announced a mega PLI scheme for 10 sectors, including advanced chemistry cell battery, electronic products, automobiles and auto components, pharma, telecom and networking products, textile, foo...

PLI scheme to make India integral part of global supply chain: Eco Survey SECTIONS Last Updated: Jan 29, 2021, 05:14 PM IST Share Synopsis The production-linked incentive (PLI) scheme was recently expanded to 10 sectors, after registering traction from global investors in the mobile manufacturing segment. Agencies The mobile phone sector is expected to generate over 2 lakh direct jobs and nearly 6 lakh indirect employment opportunities in the next five years. Related The Rs 1.46-lakh crore PLI scheme is expected to make India an integral part of the global supply chain and create huge employm...