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PLI

Economy and Finance

India achieves record electronics exports of 47 billion US dollars in 2025, over $30 billion came from PLI-driven smartphone exports

OpIndia Staff -
India’s electronics exports hit a record $47 billion in 2025, driven by $30 billion in smartphone exports. Now the world's second-largest mobile manufacturer, the sector has created 25 lakh jobs and transitioned electronics into India’s third-largest export category under the PLI scheme.
News Reports

Union govt reopens application window for PLI Scheme for ACs and LED lights due to industry appetite to invest more

OpIndia Staff -
The Union Government is reopening the application window for the PLI Scheme for White Goods (ACs and LED Lights) for 30 days from 15th September to 14th October
News Reports

Cabinet approves Electronics Component Manufacturing Scheme for making India Atmanirbhar in electronics supply chain, aims to generate production worth ₹4,56,500 crore

OpIndia Staff -
Union Cabinet chaired by Prime Minister Narendra Modi today approved the Electronics Component Manufacturing Scheme with a funding of ₹22,919 crore
News Reports

India boosts self-reliance: Domestic Manufacturing of MRI, CT Scanners, and Dialysis Machines begins under the PLI Scheme

OpIndia Staff -
According to Amit Aggarwal, Secretary, Department of Pharmaceuticals, the government has increased the expenditure on manufacturing incentives, infrastructure and ecosystem development by 44 per cent. He added that added that the government is also aiming to boost domestic manufacturing of important drugs under the PLI.
News Reports

Make In India: Union Minister Ashwini Vaishnaw inaugurates MSI Laptop manufacturing plant by Syrma SGS in Chennai

OpIndia Staff -
In a groundbreaking development for India’s electronics manufacturing sector, Union Ashwini Vaishnaw inaugurated Syrma SGS Technology’s state-of-the-art MSI laptop assembly line in Chennai yesterday.
News Reports

Production Linked Incentive (PLI) Schemes resulted in over ₹1.03 lakh crore investment till November 2023, contributes to exports over ₹3.20 lakh crore

OpIndia Staff -
PLI Schemes lead to production/ sales of Rs. 8.61 lakh crore and employment generation of over 6.78 lakh
News Reports

Taiwanese electronics giant Foxconn and Indian conglomerate Vedanta to make semiconductor chips in India with a ₹900 crore investment

OpIndia Staff -
This action follows the unveiling of the Rs 76,000 crore PLI scheme by the government for semiconductor manufacturing in India.
News Reports

Apple and Samsung to manufacture smartphones worth $5 billion in FY22, may outperform govt’s PLI Scheme target by more than 50%

OpIndia Staff -
In the financial year 2021-22, Apple and Samsung are set to manufacture smartphones worth over $5 billion in India
News Reports

Indian economy projected to grow faster than other major emerging economies, thanks to Modi government’s PLI scheme, says World Bank report

OpIndia Staff -
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
News Reports

Government urges tech giant Apple to expand manufacturing in India to make products worth $50 billion in a year

OpIndia Staff -
Senior govt officials and minister met top Apple executives to discuss expansion of manufacturing of Apple products in India
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