What is PLI for?

Synopsis: The Production-Linked Incentive scheme must drive learning to compete, not manufacture. Introduction The Production-Linked Incentive (PLI) scheme has arose fresh interest in investing in domestic manufacturing. The scheme goes together with tariffs, on the finished product and often on the components involved. For example, Mobile phones have over the last three years been subject… Continue reading What is PLI for?

Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India

What is the News? The Minister of State for Communications has launched the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. What is the objective of the PLI Scheme for Telecom and Networking Products? To boost domestic manufacturing in the telecom and networking products by incentivising incremental investments and turnover. To reduce India’s… Continue reading Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India

Government Notifies PLI Scheme for Automobile & Auto components

What is the News? The government of India has issued notification regarding Production Linked Incentive (PLI) Scheme for Automobile & Auto components.  What is the Production Linked Incentive (PLI) Scheme for Automobile & Auto components? Aim: To overcome the cost disabilities of the industry for the manufacture of Advanced Automotive Technology products in India. Key… Continue reading Government Notifies PLI Scheme for Automobile & Auto components

The PLI plan for our automotive sector can accelerate its success

Synopsis: The new PLI scheme will incentivize the industry to move into higher-value-added technologies and thus spur sectoral growth Introduction The Union Cabinet has decided on a major new production-linked incentive (PLI) scheme aimed at reviving and transforming the automotive sector in India. The planned outlay of government funds for the scheme is in excess… Continue reading The PLI plan for our automotive sector can accelerate its success

Cabinet clears PLI for auto sector to spur ‘green’, high-tech

What is the News? Government of India has approved Production Linked Incentive (PLI) Scheme for Auto Industry and Drone Components. About PLI Scheme for Auto Industry Aim: To overcome the cost disabilities to the industry for the manufacture of Advanced Automotive Technology products in India.  Eligibility: The scheme is open to existing automotive companies as… Continue reading Cabinet clears PLI for auto sector to spur ‘green’, high-tech

The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation

What is the news? Recently, Cabinet gave approval of a Production Linked Incentive (PLI) scheme for the textile sector that is expressly targeted at the man-made fibre (MMF) and technical textiles segments. In the global level, there was a shift in the consumer preferences and fashion trends which saw MMF surpass cotton as the fibre… Continue reading The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation

Government approves Production Linked Incentive (PLI) Scheme for Textiles

What is the News? The government of India has approved the Production Linked Incentive (PLI) Scheme for Textiles. Must Read: About Production-Linked Incentive(PLI) Schemes About the PLI Scheme for textiles Objective:  To ​​attract investments in the production of in-demand textile products like man-made fibre (MMF) fabric, garments and technical textiles. To make Indian textiles more… Continue reading Government approves Production Linked Incentive (PLI) Scheme for Textiles