DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised
Enlisting the eligibility criteria to avail the benefits under the PLI scheme, the notification said incentives would be provided to companies making brown-field (existing facility) or green-field (new) investments for the manufacturing. The scheme proposes a financial incentive to boost domestic manufacturing and attract large investments in the white goods manufacturing value chain.
Apr 17, 2021, 13:06 PM IST
PM Narendra Modi emphasises on working hard to make manufacturing in India globally competitive
PM Narendra Modi said that the increased manufacturing capacity results in increased job opportunities and the government has taken reforming measures to boost manufacturing. He stressed the fact that speed and scale have to be increased in order to boost manufacturing.
Mar 05, 2021, 12:33 PM IST
Smartphones, components worth Rs 11.5 lakh cr to be produced in India in next 5 yrs: Ravi Shankar Prasad
Talking about the progress in the scheme Prasad said that around 22 companies have applied under the scheme. These companies will produce mobile phone and components in India worth Rs 11.5 lakh crores in the coming 5 yrs out of which products worth Rs 7 lakh crores will be exported.
Aug 01, 2020, 14:41 PM IST
