Is PLI working? Time to show data
India needs to study the impact of PLIs, adopt evidence-based policies and develop a vision for manufacturing or industrial growth
India needs to study the impact of PLIs, adopt evidence-based policies and develop a vision for manufacturing or industrial growth
21 applicants have applied for manufacturing components of ACs with a committed investment of ₹3,679 crore and 18 applicants for components of LED Lights with a committed investment of ₹442 crore.
Announced as part of the government’s PLI 2.0 scheme, this collaboration will have Padget Electronics oversee the manufacturing of these products
The government has awarded the 10 GWh PLI ACC capacity to the shortlisted bidder with highest the overall score, Reliance Industries.
PLI incentive would range between 13% and 18% of the determined sales value, says Ola Electric
The application window for the scheme will remain open for the period from July 15, 2024 to October 12, 2024.
India is now among top five exporters in a large number of categories. The lessons from these successes can be used to dominate in other sectors.
Indian solar exports have been growing in the past two years, following the US restrictions against China.
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
As of December 2023, selected companies have already made an investment worth ₹12,900 crore against an investment commitment of ₹21,000 crore in the current fiscal year.