PLI Schemes News
Govt disburses ₹1,596 cr in six PLI schemes during Apr-Sep this fiscal
Govt disburses ₹1,596 cr in six PLI schemes during Apr-Sep this fiscal
1 min read21 Jan 2025Govt selects 24 companies for ₹3,516-crore investment in 3rd round of white goods PLI scheme
The companies selected include Hindalco Industries, LG Electronics, Voltas and Blue Star Climatech, which committed a combined additional investment of ₹1,173 crore.
2 min read20 Jan 2025About 12 companies including BHEL and Kia Motors to be excluded from Auto PLI due to lag on investments
Twelve companies, such as BHEL and Kia Motors, will be excluded from the PLI-Auto scheme for failing to make required investments. They will lose bank guarantees worth ₹1-2 crore. The initiative, with an outlay of ₹26,000 crore, seeks to boost indigenous auto manufacturing.
3 min read23 Dec 2024PLI expansion on hold as government prioritises existing schemes amid disbursement challenges
While the government disbursed nearly ₹10,000 crores last year under the PLI’ scheme, disbursements this year remain under ₹1,000 crores, with most claims from electronics manufacturers, textiles, automobiles, and white goods.
4 min read25 Nov 2024India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26
Tata Motors and Mahindra Last Mile Mobility have each submitted claims for close to ₹100 crIndustry expects claims to rise exponentially from FY26 onward as locally manufactured electric cars and larger vehicles enter the market, likely using the entire fund allocation by the scheme’s close in FY28
3 min read15 Nov 2024Don’t flout rules in new incentive scheme, Kumaraswamy urges automakers
Speaking at the launch of the PM E-drive scheme in New Delhi, the heavy industries minister said the new scheme would remedy many issues with previous ones, including compliance with localisation rules.
3 min read1 Oct 2024New drone PLI to focus on R&D, manufacturing, may leave out testing
The government believes drones will play a major role not just in defence but also in the civil space and that too beyond recreational purposes
2 min read1 Oct 2024Piyush Goyal holds talk with 140 PLI beneficiary firms, estimates ₹2 lakh crore investment
Union Minister of Commerce and Industry Piyush Goyal held detailed discussions with 140 companies out of the 1,300 manufacturing units across 14 sectors which have been the beneficiaries of the government’s production-linked incentive (PLI) scheme, reported the news agency PTI on Sunday.
2 min read29 Sep 2024ONDC targets GeM and PLI beneficiary business for growth
Network sees interest from media, gaming and spirituality, aims to grow three-fold
3 min read3 Sep 2024These proxy small cap stocks could help you ride the electronics wave
With the stocks of electronics makers such as Voltas and Blue Star priced to perfection, investing in the companies that supply materials to them could be the wiser choice.
3 min read20 Aug 2024Popular 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