by on November 25, 2020
The Union Cabinet on 11 November 2020, in a move to give a major boost to domestic manufacturing and exports, extended the existing Production Linked Incentive (PLI) Scheme to 10 more identified champion sectors. This is expected to bolster competitiveness, attract foreign players and encourage domestic employment potential.
The PLI scheme will now cover the 10 new identified champion sectors of Advance Chemistry Cell (ACC) battery, electronic/technology products, automobiles and auto components, pharmaceutical drugs, telecom networking products, textile products, food products, high efficiency solar PV modules, white goods (ACs and LED) and specialty steel.
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Posted in: Business, Technology