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India's 2030 EV roadmap - on course or not?

India's 2030 EV roadmap - on course or not?
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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solar industry: A ray of sunshine: Solar industry gets fresh push from PLI scheme

Synopsis
The solar power tariffs continue to hit new lows in the reverse bids conducted and have been on steady decline. This has put pressure on reducing the setup and production cost.
iStock
To complement the introduction of PLI, the Government has taken measures like BCD imposition on solar cells, anti-dumping and countervailing duties on other raw materials on imports from various countries.
India is a signatory to the Paris Agreement under the United Nations Framework Convention on Climate Change. As part of its Nationally Determined Contribution (NDC), India has three quantitative climate change goals viz. reduction in the emissions intensity of Gross Domestic Product (GDP) by 33 to 35 percent by 2030 from 2005 level, achieving about 40 percent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030 and creating an additional carbon sink of 2.5 to 3 billion tonnes of carbon dioxide equivalent through additional forest ....

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Govt Notifies Rs 6,238 Crore PLI Scheme To Boost Domestic Manufacturing Of ACs, LED Lights

Govt Notifies Rs 6,238 Crore PLI Scheme To Boost Domestic Manufacturing Of ACs, LED Lights
by IANS - Apr 17, 2021 11:42 AM
Air Conditioners
The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the Production Linked Incentive (PLI) scheme for white goods air conditioners and LED lights, with a budgetary outlay of Rs 6,238 crore.
With this, the new scheme has become operational and all eligible manufacturers can now take the benefit of financial incentives provided under it to boost capacity.
The PLI scheme for White Goods (PLIWG) proposes a financial incentive to boost domestic manufacturing and attract large investments in the White Goods manufacturing value chain. Its prime objectives include removing sectoral disabilities, creating economies of scale, enhancing exports, creating a robust component ecosystem and employment generation. ....

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Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing
By
IANS
|
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Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing. Image Source: IANS News
New Delhi, April 17 : The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the Production Linked Incentive (PLI) scheme for white goods air conditioners and LED lights, with a budgetary outlay of Rs 6,238 crore.
With this, the new scheme has become operational and all eligible manufacturers can now take the benefit of financial incentives provided under it to boost capacity.
The PLI scheme for White Goods (PLIWG) proposes a financial incentive to boost domestic manufacturing and attract large investments in the White Goods manufacturing value chain. Its prime objectives include removing sectoral disabilities, creating economies of scale, enhancing exports, creating a robust component ecosystem and employment generation. ....

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India's YoY FDI inflow rises over 11% in Apr-Oct to $46.8 bn

India's YoY FDI inflow rises over 11% in Apr-Oct to $46.8 bn
daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.

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