production linked incentive scheme

Production Linked Incentive Scheme 2.0 for IT Hardware

The Union Cabinet recently approved the Production Linked Incentive Scheme 2.0 (PLI Scheme) for IT Hardware. The scheme comes with a substantial budgetary outlay of Rs. 17,000 crore, demonstrating the government’s commitment to promoting domestic IT hardware manufacturing. It aims ..

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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 ..

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Govt. approves PLI Scheme for auto, auto-components and drone industries

Union Cabinet has approved a Rs. 26058 crore production linked incentive (PLI) scheme on September 15, 2021, for auto, auto-components and drone industries in order to enhance India’s manufacturing capabilities. Highlights PLI scheme will help in incentivising the emergence of ..

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Cabinet approves PLI Scheme for Advanced Chemistry Cell (ACC) Battery Storage

The Union Cabinet recently approved the Production Linked Incentive scheme for Advanced Chemistry Cell Battery Storage. Around Rs 18,100 crores have been allocated to the scheme. This has been done as a part of National Programme on Advanced Chemistry Cell ..

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Guidelines issued for PLI Scheme for Food Processing Industry

The Government of India recently issued guidelines for the “Production Linked Scheme” of Food Processing Industry. The GoI had earlier approved the PLI Scheme for Food Processing under the “Atma Nirbhar Bharat” with an outlay of 10,900 crores of rupees. ..

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Export of processed food products increase by 27% during April-February 20-21

The exports of processed food products during April-February 2020-21 grew by 26.51%. Their exports amounted to Rs 43,798 crores during this period. Exports of Processed Food Products The major food products exported during 2020-21 were processed vegetables, pulses, processed fruits ..

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