PLI News
The 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 2025America’s trade policy is misguided but looks unlikely to drag us back to the 1930s
Trump’s tariff hikes have thrown world trade and economic progress into uncertainty. Before we raise the spectre of a 1930s-style catastrophe, however, we must examine the shock absorbers that exist today that did not back then. Could these cushion the world this time round? An analysis.
4 min read12 Oct 2025India’s ₹22,919 crore electronics scheme lacks ambition: Here’s how to pack a real punch
India’s Electronic Component Manufacturing Scheme aims for a bigger slice of the global manufacturing pie and has attracted a swarm of applicants, but it suffers from major design flaws. In this field, we need to think ahead and invest in the future.
2 min read6 Oct 2025We must navigate the three Ds that will shape our economic future: Deglobalization, derisking and deregulation
As global trade faces disruption and uncertainty amid geopolitical tensions, countries are rethinking their strategies. India has taken a nuanced approach. Success will lie in navigating all three Ds well to balance openness with resilience and global integration with domestic strength.
4 min read1 Oct 2025Bhavish Aggarwal's Ola Electric files ₹400 crore PLI claim. Here's what we know
Bhavish Aggarwal's Ola Electric has filed a claim of ₹400 crore in incentives from the central government's production-linked incentive (PLI) scheme, as the company aims to reinforces its compliance stance with rigorous localisation and regulatory requirements in India.
2 min read15 Sep 2025Mint Explainer | Another PLI lifeline for white goods: Smart policy or support addiction?
The government has reopened the PLI scheme for white goods to attract new players and help existing beneficiaries upgrade. Is it a good idea to reopen the PLI scheme? Will the industry become too dependent on sops?
4 min read15 Sep 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.