Tag: PLI scheme
Centre lays expansion plan for EVs, drone tech with Rs 26,000 cr PLI scheme
The new PLI scheme for auto, auto-components and drone industries is likely to draw global investments in manufacturing in the two growing sectors
Centre clears names of 33 top telecom equipment manufacturers under Rs 12,000 cr PLI scheme
The Union government is also likely to reject applications of Tech Mahindra, Sterlite Technologies and Kenstel Networks on technical grounds
Nokia plans to launch first 5G smartphone in India this year
According to a report by ITHome, HMD Global plans to launch its 5G smartphone first in China on November 11
Centre’s PLI scheme extension to boost business growth: Foxconn
Foxconn said the extension granted for achieving manufacturing targets under the production-linked incentive (PLI) scheme will help the company to accelerate its business and qualify for receiving incentives
DoT clears guidelines for Rs 12,200 crore telecom PLI scheme, to invite applications soon
This comes barely a week after the DoT blocked the entry of Chinese technology giants in the 5G trials. Chinese gear vendors like Huawei and ZTE will not participate in these trials
Centre to clear Foxconn, Wistron and Dell proposals for investments under PLI scheme
Apart from Foxconn, Wistron and Dell domestic mobile manufacturers including Lava are among the 19 companies that have applied for investments under the scheme for IT hardware manufacturing
ICRA gives positive outlook for solar PV modules for domestic OEMs
The PLI scheme has been approved with a financial outlay of Rs 4,500 crore over a period of five years
Centre’s PLI scheme attracts Rs 1,300 crore investment from top mobile makers
The mobile manufacturers have invested over Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the 2020 December quarter
Global mobile players lineup funds to set manufacturing bases in India under PLI scheme
According to the ministry of commerce, the scheme is likely to bring in investment of around Rs 3,000 crore and generate huge direct and indirect employment
Indian technology services sector to breach $350 billion mark by 2025: McKinsey
A Nasscom report jointly released by McKinsey & Company Knowledge Partners - also noted that technology-driven companies are leading the path to a faster recovery globally
