PLI
Centre extends battery PLI deadline for Ola, Reliance; Rajesh Exports left out
While Ola Electric and Reliance New Energy (a subsidiary of Reliance Industries) were given the extension to complete their respective projects by 2031, the third beneficiary, Rajesh Exports Ltd, was not given one in light of a Sebi investigation into governance issues in the company.
4 min read14 Aug 2026Brand incentives will push companies into R&D, product development: Meity secretary
S. Krishnan, secretary at the ministry of electronics and IT, says new brand incentives will help companies design, manufacture and market smartphones competitively in India.
3 min read20 Jul 2026Govt eases battery PLI norms to attract more storage players; subsidies lowered
The new 10 GWh tender, the final part of the larger 50 GWh initiative under the ₹18,100-crore production-linked incentive (PLI) scheme for advanced chemistry cells (ACC), was floated on 15 July and marks a shift in policy priorities, according to tender documents reviewed by Mint.
4 min read19 Jul 2026India extends deadline for $770 mn rare earth magnet incentive scheme to attract more applications
This is the second extension of the application deadline for the rare earth magnet incentive scheme which was first slated to end on 28 May this year and was later extended to 29 June.
2 min read26 Jun 2026Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race
India sits on massive rare-earth deposits, yet remains 90% dependent on China for the vital magnets powering EVs and defence systems. As a PLI deadline looms, why are India’s corporate giants demagnetized?
13 min read25 Jun 2026Manufacturing push: why India's Production-Linked Incentive scheme needs a rethink
The government should review its PLI scheme. This industrial policy’s record has been patchy at best. Broadly, India must let the market shape outcomes—except in sectors where this would go against the country’s strategic interests.
2 min read27 May 2026Samsung 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 2025Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.