Govt panel okays 32 beneficiaries under PLI for large scale electronics manufacturing 
Latest News

Govt panel okays 32 beneficiaries under PLI for large scale electronics manufacturing

An empowered committee headed by NITI Aayog CEO Parameswaran Iyer has approved 32 beneficiaries under the PLI scheme for large-scale electronics manufacturing

PSU Watch Bureau

New Delhi: An empowered committee headed by NITI Aayog CEO Parameswaran Iyer has approved 32 beneficiaries under the PLI (production-linked incentive) scheme for large-scale electronics manufacturing, including 10 for mobile manufacturing, the Aayog said. In a tweet, the Aayog said on Friday that the Iyer-headed committee has approved the first incentive for mobile manufacturing under the PLI scheme for large scale electronics manufacturing.

This is the first-ever disbursement under any PLI scheme, it added.

32 beneficiaries approved under PLI scheme

"32 beneficiaries were approved under the #PLIscheme for Large-Scale Electronics Manufacturing, of which 10 (5 global and 5 domestic companies) were approved for mobile manufacturing," NITI Aayog said.

The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, advance chemistry cell and speciality steel.

The objective of the scheme is to make domestic manufacturing globally competitive and to create global champions in manufacturing.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

CBI holds meet with financial services department, PSBs on mule accounts, bank fraud

Guriqbal Singh (IPS) re-designated as Director in Ministry of Home Affairs

Lalit Jain (IAS) re-designated as Director-Level DCO/DCR Haryana

Iva Ashish Srivastava (IAS) re-designated to Director-level

FTA to allow New Zealand firms to process dairy inputs in India for re-export: Piyush Goyal