Bulk drug imports from China increased from 62 per cent to 75 per cent in the past nine years and India continues to depend on Chinese shipments despite commissioning of various domestic manufacturing projects under the government’s production-linked incentive scheme, a report said. According to a report by Care Ratings, imports of bulk… Continue reading Bulk drug imports from China hit 75% in FY23 despite PLI scheme: Report
Tag: PLI
Construction, equipment manufacturers seek PLI scheme for industry
Construction and equipment (CE) manufacturers have urged the government for a production linked incentive (PLI) scheme for the sector. The introduction of the PLI scheme will provide a level-playing field for the players of the industry, Dimitrov Krishnan, President of industry body ICEMA, said. Indian Construction Equipment Manufacturers’ Association (ICEMA) engages with… Continue reading Construction, equipment manufacturers seek PLI scheme for industry
Centre mulls minor tweaking in PLI scheme, aims to boost manufacturing
The Centre is in consultations to determine whether ‘minor tweaking’ is required in some of the production-linked incentive (PLI) schemes for its smooth implementation to boost domestic manufacturing, a senior government official said on Thursday. The official, however, did not point out any potential change that is being considered since the consultations with… Continue reading Centre mulls minor tweaking in PLI scheme, aims to boost manufacturing
Petrochemical PLI, farm export ban, markets, no-confidence motion
The government is considering a production-linked incentive scheme for the chemicals and petrochemicals sector. The aim is to transform India into a prominent manufacturing hub for these crucial products. But does this sector really need a PLI boost? Industry experts usually hail PLIs. And they believe that it will work wonders for the… Continue reading Petrochemical PLI, farm export ban, markets, no-confidence motion
Paytm Chief Vijay Shekhar seeks PLI scheme for payment segment devices
Vijay Shekhar Sharma, Founder, Chairman & CEO – One97 Communications (Paytm) Fintech company One97 Communications, which operates under the Paytm brand, wants the government to bring payment segment devices under the production-linked incentive scheme to boost local production, a top company official said on Monday. Paytm founder and CEO Vijay Shekhar Sharma said… Continue reading Paytm Chief Vijay Shekhar seeks PLI scheme for payment segment devices
Govt extends deadline of IT hardware products PLI scheme till August 30
The government on Monday extended the deadline to apply for benefits under the production-linked incentive scheme for IT hardware products such as laptops, tablets, all-in-one PCs, servers, and edge computing devices till August 30. As notified in May, the modified IT hardware PLI scheme offers incentives of up to 9 per cent on… Continue reading Govt extends deadline of IT hardware products PLI scheme till August 30