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Waaree Energies board approves investment proposals worth Rs 850 crore

Waaree Energies board approves investment proposals worth Rs 850 crore

Mon, Dec 23, 2024

Waaree Energies Ltd on Monday said its board has approved three investment proposals aggregating Rs 850 crore to set up electrolyser and storage cell manufacturing facilities.

Indian Pharma and healthcare sectors are poised for long-term growth: Centrum

Indian Pharma and healthcare sectors are poised for long-term growth: Centrum

Tue, Dec 17, 2024

The recent policy initiatives taken by the government of India will boost Indian Pharma and healthcare sectors in the long run says a report by Centrum post a three-day roadshow with pharma and healthcare experts.

Apple's iPhone Production in India Hits $10 Billion

Apple's iPhone Production in India Hits $10 Billion

Tue, Nov 26, 2024

Apple's iPhone production in India has reached a milestone of $10 billion from April to October. This significant achievement highlights the growth of Apple's manufacturing operations in India. Over the past four years, the company has also created 1.75 lakh direct jobs, contributing to the local economy. In this video, we explore the impact of this development, including job creation and Apple's increasing presence in the Indian market

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Zee Business Exclusive: Government starts evaluation of semiconductor PLI applications, names to be announced by next year

Zee Business Exclusive: Government starts evaluation of semiconductor PLI applications, names to be announced by next year

Fri, Jun 24, 2022

Semiconductor PLI Scheme: The government has started scrutinising applications it has received for the semiconductor Production Linked Incentive (PLI) Scheme. The evaluation is to be done by December 2022 and the names will be announced after the evaluation process is completed. It is expected that the final names will be declared by next year. Zee Business Ambarish Pandey's report.

Exclusive News For Defence Companies

Exclusive News For Defence Companies

Fri, Jun 24, 2022

Valuation of Semiconductor PLI Applications by December. Names will be announced after valuation. Government received investment proposals of 1.53 lakh crores from 5 companies. The Indian government recently announced an outlay of Rs 76,000 crore under its production linked incentive PLI scheme.

Telecom companies surged upto 5% after the government extends PLI scheme by a year

Telecom companies surged upto 5% after the government extends PLI scheme by a year

Tue, Jun 21, 2022

Shares of Telecommunication companies surged up to 5% on the BSE intraday during Tuesday’s trading session after the government Monday announced a design-led incentive scheme and extended the duration of the PLI scheme by a year.

Telecom stocks gain up to 5% after government extends PLI scheme by a year – Brokerage picks Airtel as best bet

Telecom stocks gain up to 5% after government extends PLI scheme by a year – Brokerage picks Airtel as best bet

Tue, Jun 21, 2022

The Department of Telecom has launched an incentive scheme for design-led manufacturers and extended the duration of the Rs 12,195 crore production-linked incentive (PLI) scheme by a year, an official statement said on Monday.

What is a PLI scheme and how does it work?

What is a PLI scheme and how does it work?

Wed, Jun 15, 2022

What is a PLI scheme and how does it work? PLI schemes (Production linked incentive scheme) were introduced back in 2020 by the central government. PLI schemes help foreign companies to establish manufacturing units locally and also earn incentives on incremental sales. Here is all you need to know about it...

Zee Business Exclusive: PLI Scheme In Textile Sector Soon Says Textile Secretary

Zee Business Exclusive: PLI Scheme In Textile Sector Soon Says Textile Secretary

Mon, May 30, 2022

The policy aims to make the country a garment hub with industry inputs, may be announced in October: Upendra Prasad Singh, Textile Secretary. Watch the exclusive conversation.

PLI scheme: Government eyes 2nd edition for textile industry in garments & apparel segment; KPR Mills, Vardhman Textiles, others gain

PLI scheme: Government eyes 2nd edition for textile industry in garments & apparel segment; KPR Mills, Vardhman Textiles, others gain

Mon, May 30, 2022

Along with man-made fibers and technical textiles, the government also wants to promote khadi through this scheme, where the budget provision of Rs 4000 crore is likely to be allocated, said the sources.

Exclusive: Government may release names of Drone PLI beneficiaries ahead of 30 June deadline, source tells Zee Business

Exclusive: Government may release names of Drone PLI beneficiaries ahead of 30 June deadline, source tells Zee Business

Mon, May 23, 2022

The government of India may soon release the names of the beneficiaries of the Drone Production Linked Incentive (PLI) scheme.

PLI Scheme for specialty steel: Government receives 10 applications; mulls to extend last date again

PLI Scheme for specialty steel: Government receives 10 applications; mulls to extend last date again

Sun, May 22, 2022

A senior government official told PTI that the last date to submit applications under the PLI Scheme for specialty steel is expected to be extended again for the third time.

PLI Scheme: Deadline to apply for production-linked incentive for steel manufacturing extended till May 31

PLI Scheme: Deadline to apply for production-linked incentive for steel manufacturing extended till May 31

Wed, May 04, 2022

The government on Wednesday extended the deadline for submitting applications under the PLI scheme for specialty steel until May 31.

PLI scheme for white goods: 19 companies, including LG. Wipro, file applications with proposed investments of Rs 1,548 crore to avail benefits

PLI scheme for white goods: 19 companies, including LG. Wipro, file applications with proposed investments of Rs 1,548 crore to avail benefits

Tue, Apr 26, 2022

As many as 19 companies, including LG Electronics and Wipro, have filed applications with proposed investments of Rs 1,548 crore to avail benefits under the production linked incentive scheme for white goods in the second round, the commerce and industry ministry said on Tuesday.

PLI Scheme: How Modi govt plans to be a global drone hub by 2030; check full first provisional list of beneficiaries

PLI Scheme: How Modi govt plans to be a global drone hub by 2030; check full first provisional list of beneficiaries

Thu, Apr 21, 2022

Apart from the PLI Scheme, Government of India has carried series of reforms to make India a global drone hub by 2030.

Centre provisionally selects 14 firms under Drone PLI scheme

Centre provisionally selects 14 firms under Drone PLI scheme

Thu, Apr 21, 2022

The Central government has provisionally selected 14 firms under the Production-Linked Incentive (PLI) scheme for drone and drone components.

Over 60 applicants approved under PLI scheme for textiles

Over 60 applicants approved under PLI scheme for textiles

Fri, Apr 15, 2022

The Centre has selected 61 applicants under Production Linked Incentive (PLI) scheme for the textiles sector.

Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30

Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30

Sun, Apr 03, 2022

On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to boost the production of speciality steel in India.

Government likely to introduce PLI scheme for hearables and wearable devices this month; big companies, including Samsung, LG expected to join

Government likely to introduce PLI scheme for hearables and wearable devices this month; big companies, including Samsung, LG expected to join

Fri, Apr 01, 2022

In an attempt to increase the export market share of hearables and wearables for India, the government is now going to bring the Production Linked Incentive Scheme (PLI scheme).

Mobile phone exports set to cross Rs 43,500 crore this fiscal

Mobile phone exports set to cross Rs 43,500 crore this fiscal

Fri, Mar 25, 2022

ICEA said exports of mobile phones from India have already jumped about 75 percent in one year to USD 5.5 billion (about Rs 42,000 crore) early this month from USD 3.16 billion (about Rs 24,000 crore) at the end of 2020-21.

Government receives overwhelming response in PLI scheme for auto sector; investments worth Rs 75,000 cr proposed; announcement likely today

Government receives overwhelming response in PLI scheme for auto sector; investments worth Rs 75,000 cr proposed; announcement likely today

Tue, Mar 15, 2022

Government has received a huge response on its Production Linked Incentive (PLI) scheme on automobile and auto components.

Textile ministry receives applications from 67 firms for PLI in man-made fibres, technical textiles

Textile ministry receives applications from 67 firms for PLI in man-made fibres, technical textiles

Sat, Mar 12, 2022

The textile ministry has received applications from as many as 67 companies to avail benefits of the production linked incentive (PLI) scheme for man-made fibres and technical textile sectors, a top government official said on Saturday.

Budget 2022: PLI scheme likely to generate 60 lakh jobs in next 5 years: FM

Budget 2022: PLI scheme likely to generate 60 lakh jobs in next 5 years: FM

Tue, Feb 01, 2022

Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response.

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