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India approves 27 firms for in IT Hardware Manufacturing Boost

Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more

India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives

Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more

Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary

The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more

India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025

According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more

India identifies key sectors for global manufacturing dominance

Officials have revealed that India is on the brink of identifying approximately a dozen sectors poised to establish the country as a global manufacturing powerhouse.Read more

MeitY considers independent PLI for electronics components manufacturing

It is anticipated that the ministry will engage in discussions regarding this proposal with the Ministry of Commerce and Industry, as well as NITI Aayog, to explore the potential and framework of the scheme.Read more

Govt delays new PLI Schemes, assessing effectiveness of exiting initiatives

Top government officials have received diverse feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister.Read more

DPIIT introduces stricter guidelines for PLI Scheme in white goods sector

Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more

India's Telecom sector achieves milestone: PLI investments surpass Rs 2,419 cr

This investment has led to the employment of 17,753 individuals. In October 2022, the government selected 42 companies that pledged a total investment of Rs 4,115 crore.Read more

India's PLI 2.0: Gateway to IT hardware revolution

With a substantial budgetary allocation exceeding $2 billion, this initiative signifies a significant shift toward strengthening the IT hardware manufacturing sector within the country, as stated in the ICEA's official release.Read more

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