PLI scheme News

Government Aims to Secure Pharma Supply Chains with Minimum Import Price on Key Ingredients

The government plans to introduce a minimum import price on key pharmaceutical raw materials to protect the domestic industry from cheap Chinese imports and secure supply chains. T...

India Stands Firm in US Trade Negotiations: Prioritizing National Interests and Economic Growth

India is negotiating the India-US trade agreement on its own terms, focusing on national interests and economic benefits. Key issues include tariffs on agricultural products, steel...

India's Electric Vehicle Revolution: Sales Set to Surpass 7% by FY28 Amid Rare Earth and Infrastructure Challenges

Electric car sales in India could surpass 7% of total sales by FY28, driven by new models, charging infrastructure expansion, and policy support, despite challenges in rare earth s...

Dixon Technologies Makes a Bold Rs 1,000 Crore Move: Partnering with Chinese Giants for Electronics Dominance

Dixon Technologies announces a Rs 1,000 crore investment to boost production of key electronics components, partnering with Chinese firms to enhance backward integration and reduce...

Top Automakers Including Tata Motors Accelerate PLI Scheme Claims, Eyeing Over Rs 2000 Crore This Fiscal

Leading automakers including Tata Motors, Bajaj Auto, and Ola Electric are set to claim over Rs 2000 crore under the PLI scheme this fiscal, as per government estimates. The scheme...

India's Bold Rs 22,919 Crore Initiative to Transform into a Global Electronics Components Powerhouse

India launches a Rs 22,919 crore PLI scheme to boost electronics component manufacturing, aiming to reduce import dependency and foster indigenous innovation, with potential to cre...

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...