PLIs News

Economy

MSMEs 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 2025
Auto News

Centre green lights Cummins' N₂O emission reduction device under PLI-Auto

Cummins' urea dosing and supply module is meant for diesel engines compliant with India’s BS-VI emissions norms.

2 min read2 Sep 2025
Industry

India to assess easing auto localisation norms after Chinese rare earth magnet crisis

Due to China's export curbs on rare earth magnets, Indian automakers are requesting temporary relaxations of localization norms under the PLI-Auto and PM E-DRIVE schemes. Testing agencies will assess the implications of such changes on localisation levels and PLIs for manufacturers.

4 min read18 Jul 2025
Markets

Electronics manufacturing services sector gets charged up on PLI, US tariff impact; Dixon, Amber set to benefit

India's production-linked incentive scheme for electronics manufacturing services, starting 1 May, aims to boost manufacturing amid US-China trade tensions. With a targeted investment of ₹59,300 crore, it incentivizes local production of components, benefiting companies like Dixon and Amber.

3 min read28 Apr 2025
Companies

India can be a global hub for wind turbines: Suzlon’s Girish Tanti

The National Manufacturing Mission proposed in the Union Budget 2025-26 and the focus on clean tech manufacturing are expected to bring the sector the required support, says Girish Tanti, vice chairman of Suzlon Energy Ltd.

4 min read6 Feb 2025
Industry

Govt to soon open bids for remaining PLI sops for battery manufacturing

Out of the targeted 50GWh, the government has already awarded 40GWh of battery storage system manufacturing capacity to Ola Electric Mobility, Rajesh Exports Ltd and Reliance Industries Ltd

2 min read4 Oct 2024
Industry

Sunset looms for PLIs with fading interest

So far, the progress of the scheme has been slow in sectors like IT hardware, textile products and specialty steel, medical devices, automobile and auto components, ACC batteries, and white goods.

4 min read4 Apr 2024

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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

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