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IPO-Bound Ola Electric Gets Certification For 2nd e-scooter Under Govt's PLI Scheme | Companies News

The companys Ola S1 Pro and Ola S1 Air are now eligible for subsidies under the governments auto PLI scheme for five years from the date of certification, as per sources. ....

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MC Exclusive: IPO-bound Ola Electric receives second product certification under PLI scheme

Under the scheme, Ola Electric is eligible for incentives for up to five consecutive financial years, commencing in fiscal 2023-24. ....

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Drone industry: Drone industry wants PLI outlay raised to help more companies take off

SCALE is an initiative under the ministry of commerce and industry, which is chaired by IN-SPACe chairman Pawan Goenka. IN-SPACe is Indias private space industry regulator. The ministry of civil aviation has disbursed Rs 30 crore to the beneficiaries during 2022-23 under the PLI scheme for drones and drone components. ....

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Intel India MD Santhosh Viswanathan on the challenges of setting up a semiconductor fab in the country

Citing example of Intel and its peers, who work on more advanced semiconductor nodes of 7 nm and below, he said it’s a lot more complex consideration for the company as manufacturing these advanced nodes is capital intensive ....

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PLI schemes a kickstart, become more outward looking: Piyush Goyal to industry, ET Auto

PLI Schemes: Commerce and Industry Minister Piyush Goyal emphasized that the Production-Linked Incentive (PLI) schemes are designed as an initial support or kickstart for the industry, urging beneficiaries to view them as a boost rather than a dependency on government subsidies. ....

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