Production Linked Incentive Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/production-linked-incentive/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Wed, 01 Dec 2021 12:36:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png Production Linked Incentive Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/production-linked-incentive/ 32 32 PLI SCHEME Production Linked Incentive https://centralgovernmentnews.com/pli-scheme-production-linked-incentive/ https://centralgovernmentnews.com/pli-scheme-production-linked-incentive/#respond Wed, 01 Dec 2021 12:10:00 +0000 https://centralgovernmentnews.com/?p=37099 PLI SCHEME 01 DEC 2021 by PIB Delhi Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance India’s Manufacturing capabilities and Exports, an outlay of INR 1.97 lakh crore (US$ 26 billion) has been announced in Union Budget 2021-22 for PLI schemes for 13 key sectors of manufacturing starting from fiscal year  (FY) 2021-22. The 13 key sectors include already existing 3 sectors namely […]

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PLI SCHEME Production Linked Incentive

01 DEC 2021 by PIB Delhi

Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance India’s Manufacturing capabilities and Exports, an outlay of INR 1.97 lakh crore (US$ 26 billion) has been announced in Union Budget 2021-22 for PLI schemes for 13 key sectors of manufacturing starting from fiscal year  (FY) 2021-22.

The 13 key sectors include already existing 3 sectors namely (i) Mobile Manufacturing and Specified Electronic Components, (ii) Critical Key Starting materials/Drug Intermediaries & Active Pharmaceutical Ingredients, (iii) Manufacturing of Medical Devices and 10 new key sectors which have been approved by the Union Cabinet in November 2020. These 10 key sectors are:

(i) Automobiles and Auto Components, (ii) Pharmaceuticals Drugs, (iii) Specialty Steel, (iv) Telecom & Networking Products, (v) Electronic/Technology Products, (vi) White Goods (ACs and LEDs), (vii) Food Products, (viii) Textile Products: MMF segment and technical textiles, (ix) High efficiency solar PV modules, and (x) Advanced Chemistry Cell (ACC) Battery.

PLI Scheme for an additional sector, Drones and Drone Components, has also been approved by the Union Cabinet in September 2021. With the announcement of PLI Schemes, significant creation of production, employment, and economic growth is expected over the next 5 years and more.

The PLI schemes are being implemented by the concerned Ministries/ Departments. A statement on details received from concerned Ministries/Departments regarding investment made by various sectors after 1st April, 2021, to avail Production Linked Incentive (PLI) scheme is placed in the table below:

Existing PLI Scheme
Sl. no.Implementing Ministry/ DepartmentSectorInvestment received after 01.04.2021(In INR crore)
iMinistry of Electronics and Information Technology (MeitY)Mobile Manufacturing and Specified Electronic Components (Large Scale Electronics Manufacturing)The investment made by the companies approved under the Product Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing after 01.04.2020 is approximately INR 3,000 crore.
iiDepartment of PharmaceuticalsCritical Key Starting materials/Drug Intermediaries & Active Pharmaceutical IngredientsUnder the Scheme, 42 applications have been approved with a total Committee Investment of Rs.4347.26 crore.
iiiDepartment of PharmaceuticalsManufacturing of Medical DevicesUnder the Scheme, 13 applications have been approved with a total Committed Investment of Rs.798.93 crore.
Newly Announced PLI Scheme
iDepartment of Heavy IndustriesAdvanced Chemistry Cell (ACC) BatteryBidding process for selection of bidders/ investors is underway
iiMinistry of Electronics and Information Technology (MeitY)Electronic/ Technology Products(IT Hardware)The investment made by the companies approved under the Production Linked Incentive Scheme(PLI) for IT Hardware after 01.04.2021 is approximately INR 17 crore.
iiiDepartment of Heavy IndustriesAutomobiles and Auto ComponentsWindow for notice inviting applications is opened for 60 days from 11th November, 2021 to 9th January, 2022
ivDepartment of PharmaceuticalsPharmaceuticals Drugs278 applications received which will be finalized by the end of November 2021.
vDepartment of TelecomTelecom & Networking ProductsInvestment made under PLI Scheme to promote Telecom and Networking Products Manufacturing in India up to September, 2021 is Rs.182.8 crores.
viMinistry of TextilesTextile Products: MMF segment and technical textilesThe scheme guidelines are under finalization.
viiMinistry of Food Processing IndustriesFood ProductsApplicants for coverage are under finalization.
viiiMinistry of New and Renewable EnergyHigh efficiency solar PV modulesLetters of award have been issued to the extent of fund allotted. Details of investment are awaited.
ixDepartment for Promotion of Industry and Internal Trade (DPIIT)White Goods (ACs and LEDs)42 applicants with indicative investment of Rs. 4,614 crore have been selected as beneficiaries under the PLI Scheme as on 03.11.2021.
 
xMinistry of SteelSpecialty SteelDetailed Scheme guidelines have been published on 20.10.2021 for operationalization of the Scheme.

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