Production Linked Incentive (PLI) Current Affairs, GK & News

Make in India completes 8 years

The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion USD. With this, India is expected to attract 100 billion USD in FDI this fiscal. ..

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CNG, LNG, 98 other advanced techs included under auto PLI scheme

The Union government added more than 100 advanced technologies, including alternate fuel systems like compressed natural gas (CNG) & Liquified natural gas (LNG) under the production-linked incentive (PLI) scheme for automobiles. Key Facts Now the scheme will also cover Bharat Stage VI compliant flex fuel engines, advanced driver assist system, e-quadricyle and electronic control units ..

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PLI scheme for telecom products launched

Minister of State of Ministry of Communication, Devusinh Chauhan, launched a Production Linked Incentive Scheme (PLI Scheme) for Telecom & Networking Products on October 14, 2021. Why this scheme was launched in telecom sector? PLI Scheme in telecom sector was launched for realizing the Prime Minister’s vision of Atma Nirbhar Bharat. This scheme would help ..

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PLI scheme for Automobile, components manufacturers

Union Government notified regarding the Production Linked Incentive (PLI) Scheme for Automobile & Auto components on September 23, 2021. Highlights Earlier government had approved the PLI Scheme for Automobile and Auto Component Industry on September 15, 2021. The PLI Scheme for the auto sector seeks to overcome the cost disabilities of the industry for manufacturing ..

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Centre approves ₹10,683 crore PLI scheme for Textile Sector

Central government has approved the production-linked incentive (PLI) scheme of worth Rs 10,683 crore for the textiles sector on September 8, 2021. Key Points This PLI scheme was approved in order to boost domestic manufacturing and exports. Scheme will help in creating direct additional employment of more than 7.5 lakh people and several supporting activities. As a ..

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Centre approves 14 eligible applicants under PLI for IT hardware

Union Ministry of Electronics and IT (MeitY) has approved 14 applicants under Production Linked Incentive (PLI) Scheme for IT hardware products. Highlights PLI Scheme for IT Hardware provides an incentive of 4% to 2% on net incremental sales over base years of Financial Year 2020. What are those targeted segments? Target segments under the PLI ..

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