The outcome from the Centre s recently announced slew of production-linked incentive schemes, in terms of production, is expected to be over $504 billion over the next five years, an official statement said on Thursday.
Cabinet approves PLI worth Rs 76,000 crore for designing, manufacturing of semiconductors - The project will have a multiplier effect across different sectors and will help in deeper integration to the global value chain.
Minister of State for Heavy Industries Krishan Pal on Tuesday said in the Lok Sabha that the Production Linked Incentive (PLI) in the automobile sector will boost the cost-effective production in India.