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The Production Linked Incentive (PLI) Scheme for the Food Processing Industry, launched by the Ministry of Food Processing Industries, is enhancing India's food processing sector. Running from FY 2021-22 to FY 2026-27 with a ₹10,900 crore budget, it boosts value addition, capacity, and employment, especially in rural
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In line with India's AtmaNirbhar Bharat vision, the government's targeted approach has significantly bolstered the electronics manufacturing ecosystem. Domestic value addition has increased to 18-20%, while the Production Linked Incentive (PLI) Scheme has exceeded targets in production and export values, making India the second-largest mobile manufacturer
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As part of the Indian government's Production Linked Incentive (PLI) Schemes aimed at boosting domestic manufacturing, significant disbursements have been made, with ₹15,554 crore allocated to the electronics sector and ₹2,377.56 crore to the automobile sector. Cumulatively, these policies have led to substantial investments, production,
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The Ministry of Heavy Industries is overseeing the Production Linked Incentive (PLI) scheme titled 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' which aims to enhance domestic manufacturing capacity of ACCs to 50 GWh. As of now, 40 GWh have been allocated to four beneficiary companies with
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The Ministry of Textiles reports significant progress in the Production Linked Incentive (PLI) Scheme, with 96 companies approved, a committed investment of Rs.31,687 crore, and the creation of over 31,000 jobs by the end of December 2025. Source: Original Link
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The Ministry of Chemicals and Fertilizers announced the approval of three new bulk drug parks in Andhra Pradesh, Gujarat, and Himachal Pradesh, each receiving central assistance of ₹1,000 crore for infrastructure development. Tamil Nadu, however, was not included in this list but is participating in other pharmaceutical development schemes.
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The Government of India has extended the deadline for the Production Linked Incentive (PLI) Scheme for Textiles to 31st March 2026 to encourage wider participation, particularly from MSMEs. Amendments to the scheme include a 50% reduction in the minimum investment limit and a lowering of the incremental turnover criteria to
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The Government of India has initiated Production Linked Incentive (PLI) Scheme 1.2 for Specialty Steel, aiming to strengthen the domestic steel manufacturing industry and reduce dependency on imports. This plan, aligning with Prime Minister Narendra Modi's vision of global manufacturing leadership, includes commitments from 55 companies for
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The Ministry of Steel, overseen by Shri H.D. Kumaraswamy, has signed MoUs for 85 specialty steel projects amounting to an investment of ₹11,887 crore under the Production-Linked Incentive Scheme 1.2. This initiative includes commitments from 55 companies to enhance India's domestic steel manufacturing capabilities, supporting
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The Ministry of Heavy Industries is implementing the Production Linked Incentive scheme called the 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage', aiming to decrease dependency on imports and boost domestic manufacturing by establishing a 50 GWh capacity in India. Beneficiary firms, like M/s Reliance New
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The Indian Ministry of Heavy Industries' Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage aims to boost domestic manufacturing with a target of 50 GWh capacity. Despite engagements with major manufacturers and substantial investment, only 1 GWh of the awarded 40 GWh capacity has been
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The Society of Indian Automobile Manufacturers reports that the automobile sector now contributes 15% to India's GST Revenue Collections. The sector creates significant employment with an estimated 30 million jobs. Significant schemes by the Ministry of Heavy Industries aim to improve electric vehicle production and advanced battery manufacturing.