PLI Scheme | DD News

September 7, 2026 9:25 PM

FM Sitharaman puts PSB employees’ PLI scheme on hold amid concerns

Finance Minister Nirmala Sitharaman on Monday met a delegation of bank employees representing various public sector banks (PSBs) and decided to keep in abeyance the implementation of the Performance Linked Incentive (PLI) Scheme for the financial year 2025-26 following concerns raised by employees. The delegation, led by the Bharatiya Mazdoor Sangh, raised several issues related to the banking sector, including a review of ex-gratia, medical facilities for retired employees and changes to the e...

June 18, 2026 1:53 PM

India’s pharmaceutical sector records transformative growth over 12 years, strengthening affordable healthcare and self-reliance

India's pharmaceutical sector has undergone a significant transformation over the past twelve years, emerging as a key pillar of affordable healthcare, domestic manufacturing and economic growth. Driven by a series of policy reforms and flagship initiatives, the sector has expanded access to low-cost medicines, boosted pharmaceutical and medical device manufacturing, attracted substantial investments and strengthened India's position as the "Pharmacy of the World." According to the Department o...

December 10, 2025 1:33 PM

DPIIT releases 2025 year-end review: PLI gains, startup expansion, logistics reforms and major industrial growth highlight India’s economic momentum

The Department for Promotion of Industry and Internal Trade (DPIIT) has released its 2025 Year-End Review, outlining major achievements across manufacturing, startups, logistics, ease of doing business, intellectual property, and foreign investment. The review shows steady progress in India’s push toward becoming a global manufacturing and innovation hub. A key highlight of the year has been the continued progress of the Production Linked Incentive (PLI) schemes, launched for 14 strategic sec...

November 4, 2025 3:17 PM

Union Minister H.D. Kumaraswamy launches third round of PLI scheme for specialty steel

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Tuesday launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, marking a milestone in India’s efforts to strengthen domestic manufacturing and boost value-added steel production. The PLI Scheme for Specialty Steel, approved by the Cabinet in July 2021, is a flagship initiative under the Atmanirbhar Bharat vision to make India a global hub for high-end steel manufacturing. So far, the schem...

November 3, 2025 3:57 PM

Ashwini Vaishnaw reviews progress of semiconductor projects in Gujarat

Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Monday reviewed the progress of four semiconductor chip plants currently under various stages of development in Gujarat. The review meeting, held in Gandhinagar, was attended by Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and IT Minister Arjun Modhwadia. Speaking to reporters after the meeting, Vaishnaw said that all four projects are “showing good progress.” The minister highlighted tha...

October 17, 2025 4:54 PM

Government extends PLI scheme application window for ACs and LED lights till November 10

The Department for Promotion of Industry and Internal Trade (DPIIT) has extended the application window for Round 4 of the Production Linked Incentive (PLI) Scheme for White Goods — covering Air Conditioners (ACs) and LED Lights — till 10th November 2025. Originally open from 15th September to 14th October 2025, the deadline has been extended in response to the strong industry interest and increasing investment appetite under the scheme. This reflects growing confidence in domestic manufact...

August 25, 2025 5:05 PM

India Writes a New Chapter in Manufacturing: PLI Scheme Accelerates Growth

From factory floors to innovation centres, India’s manufacturing sector is quietly undergoing a major makeover, driven by strategic policy and industrial ambition. Central to this transformation is the Production Linked Incentive (PLI) Scheme: a flagship initiative aimed at elevating the manufacturing share of GDP to 25% and positioning India among the world’s premier manufacturing powerhouses. With an incentive outlay of ₹1.97 lakh crore and 806 applications approved across 14 strategic ...

June 25, 2025 4:34 PM

Piyush Goyal chairs review meeting on PLI scheme

Union Minister of Commerce and Industry Piyush Goyal on Wednesday chaired a high-level review meeting on the Production Linked Incentive (PLI) Scheme, underlining its critical role in making India "Aatmanirbhar" in the manufacturing sector. During the meeting, held with representatives from all concerned ministries, Goyal emphasized that India must focus on sectors where it holds a competitive edge globally and proactively address the challenges faced by various stakeholders to boost the country...

May 21, 2025 11:46 AM

PLI scheme for food processing sector creates 2.5 lakh jobs, benefits nine lakh farmers

The Centre’s production linked incentive (PLI) scheme for the food processing sector has succeeded in attracting investments to the tune of Rs 7,000 crore and creating over 2.5 lakh jobs so far, according to a senior official of the Union Ministry of Food Processing Industries (MoFPI). "Till date, the ministry has funded almost 1,600 projects leading to the creation of 41 lakh tonnes of food processing capacity and benefiting almost nine lakh farmers," said Ranjit Singh, joint secretary, MoFP...

May 14, 2025 3:45 PM

India’s defence exports surge 34-fold over a decade: Rajnath Singh

India’s defence exports have reached an all-time high, witnessing a remarkable 34-fold increase over the past decade, according to Defence Minister Rajnath Singh. “India exported defence goods worth Rs. 23,622 crore in 2024–25, compared to just Rs. 686 crore in 2013–14,” his office stated in a post on X. The Minister emphasized that the dramatic rise underscores the growing strength of India’s defence sector, fuelled by the vision of Atmanirbhar Bharat (self-reliant India). Driven ...