Page 4 of PLI scheme

However, a 1% tax collected at source (TCS) on goods valued above Rs 10 lakh will make products such as jewellery, cars, houses, etc, expensive, even though the government has not notified the list of products attracting this tax.

Budget 2024 Expectations: The role of PLI schemes and start-up reforms

As per the latest announcement by the Ministry of Commerce & Industry, PLI Schemes see more than Rs 1.03 trillion…

July 22, 2024 16:40 IST

Budget 2024: Bring job-centric PLI scheme for MSMEs, review SMA framework, says FISME

Other key recommendations from FISME included streamlining packing credit for export-oriented MSMEs, implementing insurance surety in place of bank guarantees,…

July 8, 2024 14:55 IST

pli, mobile pli, production linked incentive, pli scheme, industry

Mobile PLI may be extended beyond 2026

Will be phased out once the component scheme takes off.

May 23, 2024 00:05 IST

Curtains for Rs 3,300-crore SPECS scheme; new PLI after polls

As a result, the current Rs 3,285-crore scheme for promotion of manufacturing of electronic components and semiconductors (SPECS), which came…

April 1, 2024 06:15 IST

pli, pli scheme, pharma sector, solar energy sector, industry news, investment, pli investment 2024

PLI schemes attract over Rs 1.06 lakh investment till Dec; pharma sector gets major chunk

According to the data, pharmaceuticals and drugs sector attracted Rs 25,813 crore till December last year, exceeding the expected investments…

March 31, 2024 12:56 IST

Govt mulls component scheme

Incentive plan to check imports and increase electronics exports

February 14, 2024 06:00 IST

S&P Global, sovereign rating outlook, India, growth, govt spending, monetary policy, economic resilience

Manufacturing, tech, and India: The Indian economy must shift to manufacturing and should leverage tech to do so

Indian companies, even the leading ones, lag behind their peers in R&D intensity by a wide margin, as pointed out…

February 14, 2024 04:30 IST

PLI schemes only a kickstarter: Piyush Goyal

Around 1,200 stakeholders across 14 PLI schemes being implemented participated in the meeting ‘PLI Perspectives’.

February 4, 2024 02:45 IST

PLI scheme to only give kickstart, ultimately competition will prevail: Goyal to industry

The minister also suggested that the industry gradually focus on global markets and come out of the “cosy comfort” of…

February 3, 2024 15:10 IST

Over 1200 stakeholders from 14 PLI schemes to discuss scheme progress tomorrow

The meeting will discuss success stories, good practices, cross learnings.

February 2, 2024 20:25 IST

budget 2024, interim budget, budget expectations, finance minister, Nirmala Sitharaman, consumer durable industry, consumer electronics, economic growth, infra spends, ease of doing business, Make in India

Budget 2024 Expectations: Consumer durable cos hope for higher infra spend, measures to boost consumption

With the Finance Minister Nirmala Sitharamam all set to present the interim Budget 2023-24, consumer durable and consumer electronics industry…

February 1, 2024 10:06 IST

Govt may extend scope of PLI scheme to job-creating sectors: Deloitte

Deloitte in its Budget expectations report said the government is expected to come out with measures to support sustainable growth…

January 18, 2024 11:56 IST

Govt reviews progress of PLI schemes in 14 sectors

The empowered committee in PLI has also approved Rs 1,000 crore disbursal to beneficiary firms of the electronics sector.

January 12, 2024 19:22 IST

Govt to review PLI schemes on Jan 12, no new sectors to be added

As per the ministry, of the USD 101 billion of total electronics production in 2022-23, smartphones constituted USD 44 billion.

Updated: January 5, 2024 00:09 IST

manufacturing sector, domestic manufacturing, economic growth, Indian economy, Atmanirbhar, PLI scheme, capital expenditure, unemployment rates, turnaround, Digital India, Startup India

Indian manufacturing sector may reach $1 trillion by 2025-26; Gujarat, Maharashtra, Tamil Nadu top regions to invest

Emphasizing the competitive advantage of a skilled workforce and lower cost of labor, the manufacturing sector is also beholding an…

December 13, 2023 15:08 IST

pli, dell, foxconn, hp, it pli scheme, it pli scheme 2.0, industry

IT Hardware PLI 2.0: Govt approves Dell, HP, Foxconn among 27 firms

The companies will manufacture laptops, servers, and personal computers (PCs) as part of the scheme and will collectively invest Rs…

November 19, 2023 01:45 IST

Production Linked Incentive, pli scheme, visa, passport, economy

Govt creates SoP for visas for Chinese technicians

The delay and uncertainties in getting visas for Chinese technicians was flagged at the review meeting held by the government…

November 9, 2023 04:50 IST

Restrictions, PLI, mandatory quality norms helping cut import of certain non-essential goods

These steps, among others like imposing antidumping and countervailing duties, have been taken to analyse and control non-essential imports and…

November 5, 2023 12:15 IST

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Profit-booking wipes out Sensex’s 700-point gain

Market36 min ago

Benchmark equity indices, including Sensex and Nifty, closed higher for the sixth consecutive session after giving up early gains due to profit booking. The optimism over a potential trade deal with the US and improved sentiment towards IT stocks, following President Trump’s softer stance on H1B visas, boosted the market.

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