pli

Bhagwati Products Ltd. becomes the first domestic company to receive funding from PLI scheme – Times of India

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Bhagwati Products Ltd. has been approved for the Production Linked Incentive (PLI) schemes for smartphones, IT hardware (tablets and laptops), and air-conditioner components. The company has invested in expanding its manufacturing facility and adding more surface mount technology lines in order to meet the rising demand from domestic and international brands. Bhagwati Products aims to … Read more

Prime Minister Modi’s vision for 2023: “Mobile phone exports worth Rs 1 lakh crore” – Times of India

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Mobile phones to make their place in the top 10 export category from India. This is the vision of the Prime Minister Narendra Modi, according to the Minister of State for Electronics and IT Rajeev Chandrasekhar. “PM Narendramodi Ji’s vision for 2023 is mobile phone exports worth Rs 1 lakh crore, with mobile phones featuring … Read more

Government Approves Sops for Foxconn, Padget Electronics Under PLI Scheme

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The government has said that it has approved the incentives for two companies — Foxconn India and Padget Electronics — for mobile manufacturing under the production-linked incentive (PLI) scheme for the large-scale electronics manufacturing (LSEM) sector. According to a statement from NITI Aayog, the Empowered Committee headed by NITI Aayog Chief Executive Officer Param Iyer … Read more