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Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore
The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more
Dixon Technologies: Scaling heights in global electronics manufacturing with PLI
Despite catering to Taiwanese and Chinese clients, Dixon strategically aligns itself with the Indian government's policy through both contracts falling under the revamped production-linked incentive (PLI) scheme for IT products.Read more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1
The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more
Govt officials laud PLI Scheme success across industries, DPDP rules finalised soon
Secretary S Krishnan announced that the Digital Personal Data Protection (DPDP) rules would be finalized in a few weeks, emphasizing that the DPDP Act strikes a balance between regulation and the security of personal data, fostering innovation.Read more
Netweb Technologies accelerates expansion and 'Made-in-India' innovation with PLI 2.0 Boost
Netweb is actively developing new offerings, with a focus on High-Performance Computing (HPC) systems and other computing solutions.Read more
Oakter secures approval in PLI 2.0, paving way for high-tech manufacturing
Oakter is currently underway with the development of an indigenous tablet within the PLI framework, with plans to commence manufacturing within the next 90 days.Read more
PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
Impact of the PLI scheme on job creation
While large corporations play a pivotal role in India's economic landscape, it's the Small and Medium Enterprises (SMEs) that often act as the backbone of the nation's job market. The PLI scheme is a game-changer for these smaller organisations, as it provides them with a substantial boost, says Krishnendu ChatterjeeRead more
