The scheme aims to make domestic manufacturing globally competitive and create global champions in manufacturing, and it is yielding solid results: Sources...

This could be because doing business in services sector is less complicated than doing business in manufacturing sector in India...

Total PLI per manufacturer is capped at Rs 30 crore which is 25 per cent of the total financial outlay of Rs 120 crore...

Textile secretary U.P. Singh said the proposed investment expected from the approved applicants is Rs 19,077 crore and the projected turnover is Rs 184,917 crore...

This will help low volume manufacturers to avail themselves ...

Top firms submitted bids under Rs 18,100 crore...

The scheme was approved in July with the Centre offering Rs 6,322cr incentives, expected to generate Rs 40,000cr investments and create 5.25 lakh jobs...

The Union govt recently announced a Rs 76,000-crore production-linked incentive scheme for designing and manufacturing semiconductor chips in the country...

The automotive and industrial battery company plans to participate in the PLI scheme for the national programme on Advanced Chemistry Cell (ACC) battery storage...

The government is hoping to attract interest from global players such as Mediatek, Intel, Qualcomm and Texas Instruments...