PLI Scheme -

India planning ₹3,760 crore incentives for 4,000 MWh capacity BESS projects

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Authorities in India have tendered energy storage projects totaling as much as 5 GWh. Image: Tesla

India will offer ₹3,760 crore in incentives to companies for setting up battery storage projects of total 4,000 megawatt hours (MWh) capacity, Reuters reports, quoting unidentified...

Vedanta-Foxconn to set up India’s first semiconductor mfg. plant in Gujarat

Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn have announced that they will together invest Rs 1.54 lakh crore in setting up India's first semic...

Investment worth $7.2 billion required for enhancing integrated solar module mfg in India: CEEW-CEF

Investments worth $7.2 billion will be required in the next three to four years to encourage integrated manufacturing of solar modules in India, a report stated. The push to advanc...

75 applicants approved under “Component Champion Incentive Scheme” of Auto PLI: MHI

The Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India has been successful in attracting proposed investment of ₹ 74,850 crore against the...

PLI Scheme: MHI approves 20 companies under the “Champion OEM Incentive Scheme” for the auto sector

Ministry of Heavy Industries (MHI) India has announced that it has received a total of 115 companies that had filed their application under the Production Linked Incentive (PLI) Sc...

115 companies applied for PLI scheme for automobile and auto component industry: MHI

The Ministry of Heavy Industries, India has announced that a total of 115 companies have filed their application under the Production Linked Incentive (PLI) Scheme for Automobile a...