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

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