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August 3, 2025, 03:43 PM - 4 min read
Indian exporters have sought urgent credit support and fiscal relief from the government to cushion the blow of Trump’s fresh 25% import tariff starting 7 August.
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March 23, 2025, 04:16 PM - 3 min read
Speaking at an event organised by the Chennai Citizens’ Forum, she dismissed claims that the Central government had neglected Tamil Nadu in funding. She highlighted that several major projects were progressing at different stages across the state.
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January 5, 2025, 07:55 PM - 4 min read
The Union Minister of Steel and Heavy Industries, H.D. Kumaraswamy, is all set to launch the much-anticipated ‘PLI Scheme 1.1’ for the steel industry tomorrow. The launch event is scheduled to take place at Vigyan Bhavan in New Delhi, where the Minister will also invite applications for the scheme.
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September 30, 2024, 09:38 AM - 3 min read
Union Commerce Minister Piyush Goyal announced that Rs 1.46 lakh crore in investments under the PLI scheme have been realised as of August, with the total likely to reach Rs 2 lakh crore next year, generating production worth Rs 12.5 lakh crore and creating around 9.5 lakh jobs, expected to grow to 12 lakh soon.
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September 27, 2024, 03:25 PM - 1 min read
The government is preparing a second round of the PLI scheme for speciality steel due to disappointing responses from the first initiative, Steel Secretary Sandeep Poundrik said at the CII Steel Summit 2024 in New Delhi on Friday.
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June 25, 2024, 04:47 PM - 2 min read
Addressing attendees at the India International Garment Fair (IIGF), Minister Singh, highlighted government's commitment to boost growth within the textiles and garments industry. The PLI scheme, which initially received a budgetary allocation exceeding Rs 10,000 crore, has already been instrumental in promoting the production of man-made fibre apparel, fabrics, and technical textiles across the country.
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May 23, 2024, 11:41 AM - 2 min read
Driven by the PLI scheme, India's 5G subscriptions have surpassed 130 million, projected to reach 860 million by 2029, per a Prabhudas Lilladher report. India's teledensity is 85.64%, with rural at 58.92% (up from 44% in 2014) and urban at 134.13%.
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April 2, 2024, 04:20 PM - 2 min read
Government officials and industry experts, revealed that a substantial portion of these employees are young, first-time job seekers aged between 19 to 24 years. Moreover, an estimated 300,000 people have benefited from indirect employment opportunities stemming from the Apple ecosystem.
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February 3, 2024, 04:23 PM - 2 min read
Goyal encouraged firms to benefit from the Production-Linked Incentive(PLI) scheme to consider it as an initial boost rather than a long-term subsidy. He emphasized the need for competition and urged companies to provide constructive criticism and feedback for better implementation of the scheme.
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