Page 10 - Pli Scheme
Govt extends PLI scheme for specialty steel a third time, till June 30
The government on Monday extended for the third time the deadline to submit applications under the production-lined incentive scheme for specialty steel till June 30, 2022.
 "Govt extends PLI scheme for specialty steel a third time, till June 30")
India's aversion to Chinese investments and how geopolitics impacts PLI
India's stringent restrictions on Chinese investments have hampered the creation of a robust supplier ecosystem for mobile and IT device makers
 "India's aversion to Chinese investments and how geopolitics impacts PLI")
Bharat Drone Mahotsav: Modi wants drones to be as common as mobile phones
Asks all ministries to increase use of drones in their work
 "Bharat Drone Mahotsav: Modi wants drones to be as common as mobile phones")
India's auto component industry all set for electric vehicle shift
ACMA president, Sunjay Kapur says that the 75 companies eligible for the auto components production-linked incentive (PLI) scheme, have to invest Rs 250 crore each in five years to get the incentive
 "India's auto component industry all set for electric vehicle shift")
Points of departure
MNC exits raise concern
How policy uncertainty, other factors made Ford pull the plug on its EV PLI
The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat
 "How policy uncertainty, other factors made Ford pull the plug on its EV PLI")
New round of solar PLI to have 3 schemes for different product categories
Plans to include highest corpus to polysilicon manufacturing
 "New round of solar PLI to have 3 schemes for different product categories")
Will the govt's plan to prune import dependency in a new avatar work?
The aim is to boost domestic output, without raising tariffs or providing subsidy, of items on whose imports India is heavily dependent. The plan is to start with consumer and capital goods
India's GDP may grow 7.4-8.2% in FY23, says CII president Sanjiv Bajaj
Bajaj said that to counter inflationary pressures, the central and state governments should cut taxes on petrol and diesel further
 "India's GDP may grow 7.4-8.2% in FY23, says CII president Sanjiv Bajaj")
Ford drops plan to manufacture EVs in India; opts out of PLI scheme
At that time, the company said it was exploring the possibility of using one of its plants in India to produce electric cars for exports
 "Ford drops plan to manufacture EVs in India; opts out of PLI scheme")
3M is planning to go big in electronics space in India: Ramesh Ramadurai
'Thanks to the production-linked incentive (PLI) scheme, a lot of the supply chain will be localised to India'
 "3M is planning to go big in electronics space in India: Ramesh Ramadurai")
Aviation Ministry invites applications for PLI schemes for drones
The Civil Aviation Ministry on Thursday invited second round of applications for the production-linked incentive (PLI) scheme that was announced last year to boost drone manufacturing in India. The first round of applications for this scheme were invited on March 10 and its results were announced on April 20, wherein Adani Group's joint venture company with Israeli firm Elbit, IdeaForge Technology, and 12 other drone companies were selected as beneficiaries. The ministry had on September 16, 2021, announced the PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. Under the PLI scheme, the incentive for a manufacturer of drones and drone components will be 20 per cent of the "value addition" made by the company during the next three years. The value addition is calculated as the annual sales revenue from drones and drone components (net of GST) minus the purchase cost (net of GST) of drone and drone components. About the .
 "Aviation Ministry invites applications for PLI schemes for drones")
Why we must clearly define atmanirbharta and our reasons for chasing it
Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI's search for strategic self-reliance, writes T N Ninan
What are advanced chemistry cells?
Advanced chemistry cell batteries may soon be manufactured in India, thanks to the government's PLI scheme. These cells account for 80% of the cost of lithium-ion batteries. Let's find out more.
 "What are advanced chemistry cells?")
Top headlines: LIC IPO, India Inc capex push, PLI round 2, and more
Here are the top headlines on Wednesday morning
 "Top headlines: LIC IPO, India Inc capex push, PLI round 2, and more")
White goods PLI round 2: 19 global, domestic companies file applications
A senior government official said the second round of applications was invited as the entire allocated funds were not utilised.
 "White goods PLI round 2: 19 global, domestic companies file applications")
19 firms file applications under PLI scheme for white goods in 2nd round
The ministry said that among the 19 applicants, eight are for AC components and 11 for LED Lights
 "19 firms file applications under PLI scheme for white goods in 2nd round")
India's largest gold refiner emerges as key player in high-tech PLI schemes
The company topping the evaluations rankings is unlikely to ring a bell: Rajesh Exports
 "India's largest gold refiner emerges as key player in high-tech PLI schemes")
PLI scheme with a return for the government
Despite the massive opportunity cost of the PLI scheme, there is considerable enthusiasm amongst the proponents of the scheme
Only 9% of India's semiconductor needs fulfilled locally in 2021: IESA
The Indian semiconductor market was valued at $27 billion in 2021 and is expected to grow at a healthy CAGR of 16% from 2019 to 2026 to reach $64 billion in 2026, says IESA report
 "Only 9% of India's semiconductor needs fulfilled locally in 2021: IESA")
