PLI scheme News

HP Expands Its Manufacturing Footprint in India: A Strategic Move Amid US-India Trade Talks

HP announces plans to expand its manufacturing operations in India, leveraging the PLI scheme to boost production of desktops and laptops. This strategic move aligns with India's a...

HP India Expands Manufacturing Footprint: A Strategic Move Towards Local Production Growth

HP India announces plans to significantly increase its manufacturing output in the country, leveraging the PLI scheme for IT hardware. The company aims to double its production wit...

Samsung Considers Shifting Production from Vietnam to India Amid Tariff Changes and Seeks PLI Extension

Samsung is considering shifting some production from Vietnam to India due to US tariff changes and has requested an extension of the PLI scheme to compensate for missed incentives....

Global Shift: Laptop Brands Embrace India Over China Amid PLI Incentives and Looming US Tariffs

India's PLI scheme is attracting global laptop brands to shift production from China, amidst US-China trade tensions and anticipated tariffs. With a current capacity to replace 10-...

India and US Accelerate Trade Talks Following Trump's Tariff Pause: A Path to $500 Billion Deal?

India is pushing for a quicker trade agreement with the US after Trump's tariff pause, aiming for a $500 billion trade target by 2030. Indian exporters, especially in shrimp, find ...

India's Government Unveils Comprehensive 360-Degree Incentives to Boost Key Sectors

The Indian government is enhancing its Production-Linked Incentive (PLI) scheme with a 360-degree approach to support key sectors like footwear, textiles, and specialty chemicals, ...

India Set to Launch Bidding for 10GWh Advanced Chemistry Cell Production

India's Ministry of Heavy Industries is preparing to start the bidding process for 10GWh advanced chemistry cell battery storage production, as part of the Rs 18,100 crore PLI sche...

India Aims to Become Global Innovation Hub with Proposed R&D PLI Scheme in Budget 2025-26

Deloitte India proposes a PLI scheme for R&D in Budget 2025-26 to attract foreign companies and make India a global innovation hub. This initiative aims to foster a conducive envir...