Curated By: Business Desk Last Updated: August 31, 2023, 12:15 IST The eligible AAT products are those with a minimum of 50% Domestic Value Addition. Under the scheme, incentives are valid for sales of Advanced Automotive Technology products manufactured in India from April 1, 2022, onwards for a period of five years. The government has…
Curated By: Business Desk Last Updated: August 31, 2023, 11:07 IST The expected incremental investment will be Rs 2430 crore. The new scheme will provide additional incentives of up to 3% to those companies that procure domestically-produced components like money chips and adaptors. The Production Linked Incentive (PLI) scheme is an initiative taken by the…
New Delhi: The government on Friday said the production-linked scheme (PLI) for large-scale electronics manufacturing (including mobiles) has seen investments worth Rs 6,887 crore (till June 2023), already surpassing the target for FY24 which was Rs 5,488 crore. The PLI scheme for large-scale electronics manufacturing, notified in April 2020 for a period of five years,…
Curated By: Business Desk Last Updated: August 07, 2023, 12:19 IST The laptop and PC market size in India is around $8 billion annually. The last date to apply for the Rs 17,000 Crore PLI scheme for manufacturing IT hardware in India is August 30. Around 44 companies, including major brands, have sought incentives through…