PLI
Samsung was the star of smartphone PLI. But it gave telecom PLI a complete miss
Samsung did not invest in the scheme despite applying for it, while it had earned ₹1,000 crore in the smartphone PLI scheme. What explains the Korean giant's change of mind?
5 min read4 Mar 2026Maruti Suzuki joins India’s EV PLI scheme in major clean mobility boost
Maruti Suzuki’s inclusion in the EV PLI scheme could raise incentive disbursals, scale local EV manufacturing and accelerate India’s transition to cleaner mobility as the country’s largest carmaker ramps up electric rollout.
3 min read2 Feb 2026Ola Electric share price jumps 5% after a ₹366.78 crore PLI boost — Stock still 63% below peak
Ola Electric has secured ₹366.78 crore under the PLI-Auto scheme, emphasizing its dedication to electric vehicle production and India's automotive manufacturing goals.
3 min read26 Dec 2025Centre may nearly double auto PLI outlay to ₹5,500 crore in FY27, but application window unlikely to reopen
The scheme has so far attracted investments of ₹35,000 crore, which has translated into 278 manufacturing units and nearly 49,000 jobs.
6 min read25 Dec 2025Renewables ministry moots duty correction for inputs in wind power component manufacturing
The ministry of new and renewable energy has recommended lowering the 15% basic customs duty on this high-grade steel in the upcoming Union Budget, two people aware of the proposal say.
5 min read9 Dec 2025The geopolitics of rare-earth magnets: India needs a wide-angle approach to satisfy growing demand
India can now produce some critical rare-earth metals, but reliance on China for advanced magnets exposes a structural vulnerability. With supply chains getting weaponized, the Centre has unveiled a new scheme. Our strategy, however, may need to both broaden and sharpen.
4 min read1 Dec 2025Govt mulling relaxations as made-in-India battery push runs into delays
The Union heavy industries ministry is weighing extensions and easier localization norms for the beneficiaries of the ₹18,100-crore PLI-ACC scheme that was announced in 2021.
3 min read1 Dec 2025MSMEs lead ₹1,900-crore PLI push in air-conditioner, LED manufacturing
Nine of these 13 firms plan to make key components for air-conditioners, including compressors, motors, copper tubes, and control assemblies, with a combined investment of ₹1,816 crore, the ministry said. Four others will invest ₹98 crore in LED component manufacturing.
1 min read13 Nov 2025India must master rare earth recycling—and not just to ease China’s chokehold
Amid a global scramble for rare earths, India needs to invest in extracting these from used contraptions. A PLI programme has been proposed for it, but a subsidy aimed at R&D for the tech enablers we’ll require to make a go of it could help
2 min read23 Oct 2025Nobel award: Celebrate creative destruction but spare a thought for its impact beyond GDP growth
This year’s Nobel prize was awarded for academic work on the role of innovation and creative destruction in economic success. But their impact on human society is highly uneven and what capitalism is pushing to destroy isn’t what the planet needs destroyed.
4 min read17 Oct 2025Wait for it…
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