TOPIC
PLI
Production Linked Incentive (PLI) Schemes resulted in over ₹1.03 lakh crore investment till November 2023, contributes to exports over ₹3.20 lakh crore
PLI Schemes lead to production/ sales of Rs. 8.61 lakh crore and employment generation of over 6.78 lakh
Taiwanese electronics giant Foxconn and Indian conglomerate Vedanta to make semiconductor chips in India with a ₹900 crore investment
This action follows the unveiling of the Rs 76,000 crore PLI scheme by the government for semiconductor manufacturing in India.
Apple and Samsung to manufacture smartphones worth $5 billion in FY22, may outperform govt’s PLI Scheme target by more than 50%
In the financial year 2021-22, Apple and Samsung are set to manufacture smartphones worth over $5 billion in India
Indian economy projected to grow faster than other major emerging economies, thanks to Modi government’s PLI scheme, says World Bank report
While World bank retained India's growth rate estimate at 8.3% f02 2021, it has forecasted that economy will grow by 8.7% in 2022
Government urges tech giant Apple to expand manufacturing in India to make products worth $50 billion in a year
Senior govt officials and minister met top Apple executives to discuss expansion of manufacturing of Apple products in India
Union Government approves Rs 1.46 lakh crore PLI scheme for 10 key sectors with the aim of transforming India into a manufacturing hub
The PLI scheme across these 10 key sectors will strengthen the competitiveness of the Indian manufacturers globally
