Page 24 - Pli Scheme

Punjab civic body polls LIVE: Congress wins all 7 municipal corporations

Congress won all the seven municipal corporations in Punjab that went to the polls on February 14. Stay tuned for the latest news of the day.

Top headlines: Govt okays PLI scheme for telcos; Ramani wins #metoo fight

The Hinduja family paid a premium to boost its stake in IndusInd Bank. More on that story and other headlines.

Cabinet approves over Rs 12,000-cr PLI scheme for telecom sector: Prasad

The government expects that the scheme will lead to Rs 2.4 trillion incremental production of telecom equipment in the country in the next five years

TV makers jump on PLI bandwagon as more AC companies evince interest

Apart from offering inducement to any incremental production over the next five years, the scheme has the potential to transform the manufacturing landscape in the country

Govt gives nod to several firms under PLI scheme for medical devices

The government has approved applications from several medical devices manufacturers under the Production Linked Incentive (PLI) scheme for the promotion of domestic manufacturing

Top headlines: Govt comes down heavily on Twitter, IndiGo starts hiring

Business Standard brings you the top headlines at this hour

PLI scheme may trigger investments worth Rs 50,000 crore into pharma sector

According to the people, 86 companies have applied to start production of bulk drugs listed under the PLI scheme so far, said sources

Best of BS Opinion: Kirana comes full circle, impact of PLI schemes & more

Here's a selection of Business Standard opinion pieces for the day

Manufacturing boost: PLI looks to succeed where older schemes failed

Pushing exports key to ensure scheme's viability, say experts

A pro-growth turn in government policy

The growth impact of PLI schemes could start showing up in FY22

Following 4-pronged approach to reduce compliance burden on biz: DPIIT secy

About 1,400 such Acts have already been removed since the government came to power

Budget 2021: Textile parks may attract big investments from players

Up to Rs 5,000 crore likely as big brands look to scale up manufacturing in the country

PLI scheme to make India integral part of global supply chain: Eco Survey

The scheme is expected to create huge employment opportunities, according to the economic survey

Atmanirbhar campaign in sync with globalisation, PM tells MNC heads

Says India to soon supply two vaccines to the world, many more will come, going forward

Five things the market will be watching in FM Sitharaman's third Budget

It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs

Tax sops over subsidies: Why PLI scheme doesn't enthuse India Inc

Local sourcing of components and state monitoring keep firms away from production-linked incentives

Aurobindo Pharma, KAPL get nod for promotion of manufacturing bulk drugs

The government has given approval to drug firms includingAurobindo Pharma and Karnataka Antibiotics & Pharmaceuticals under the PLI scheme for promotion of domestic manufacturing of critical bulk drugs. The Production Linked Incentive (PLI) scheme aims at promotion of manufacturing of critical key starting materials (KSMs)/drug intermediates and APIs in the country. The setting up of plants under the scheme will lead to total committed investment of Rs 3,761 crore by the companies and employment generation for around 3,825 people,the Ministry of Chemicals and Fertilizers said in a statement. The applications of Aurobindo Pharma (through Lyfius Pharma) have been approved for setting up plants for the production ofPenicillin G, and 7-ACA, with committed production capacity of15,000 MT and2,000 MT, respectively. The committed investment for Penicillin G is Rs1,392 crore, and for 7-ACA isRs 813 crore, it added. The approval has also been given to Aurobindo Pharma (through Qule Pharma)

Govt may keep Rs 7,500 cr outlay for IT hardware under PLI scheme

The government has announced a cumulative production linked incentive of Rs 2 trillion for 10 sectors to encourage domestic manufacturing

Banking on Budget: Keeping an eye out for growth focus, PSU reforms

While the govt should try to push divestments, it should understand that reforms in the PSU space are very important if it wants to offload some its stake in the market

PLI scheme: Lava seeks to reboot with first locally made smartphone

Wishes to cash in on geopolitical situation, hopes anti-China sentiment will work in its favour