Tag: PLI Scheme
Nokia extends manufacturing of fiber broadband equipment in India
Nokia today announced that it will extend manufacturing PON optical line terminals (OLTs) at its factory in Sriperimbudur near Chennai, India. The decision comes...
PLI scheme attracted Rs 45,000 cr investment, created 3 lakh jobs
Earlier, Hon'ble Finance Minister, Smt Nirmala Sitharaman had announced an outlay of INR 1.97 Lakh Crores for the Production Linked Incentive- PLI Scheme across...
Shouldn’t Pin Down Employees- Chandrasekhar on Moonlighting
Commenting on the current controversial debate Moonlighting, the Union Minister of State for Electronics & IT and Skill Development, Shri Rajeev Chandrasekhar has said that this is...
Ola to layoff about 1,000 employees, shifts focus to electric mobility
As Ola ramps up its hiring for the electric mobility business, the urban mobility firm is in the process of firing nearly 1,000 employees, according to...
Wipro GE Healthcare to open all women manufacturing plant in Bengaluru
Wipro GE Healthcare said on Monday that a new manufacturing plant in Bengaluru will be managed entirely by women. The plant has been built...
Budget 2022-23 sets the course for realizing $5 trillion economy: Tata...
Tata Steel CEO and Managing Director T V Narendran on Tuesday welcomed the Union Budget 2022-23 and said, “The Hon’ble Finance Minister presented yet...
Industry reactions on Union Budget 2022-23
Yesterday, Finance Minister, Nirmala Sitharaman has presented the Union Budget 2022-23 and said, India is celebrating Azadi ka Amrit Mahotsav and it has entered...
60 lakh new jobs to be created under the PLI scheme...
The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities,...
Govt approves these 14 companies under PLI scheme for IT hardware
The Ministry of Electronics and IT on Thursday approved 14 eligible applicants under the Production Linked Incentive Scheme (PLI) for IT hardware. The target...
Nokia, Ericsson, Samsung, Ciena, Foxconn keen to set up manufacturing base...
Nokia, Ericsson, Samsung, Ciena, Foxconn keen to set up manufacturing base in India under PLI
The government on Wednesday said firms such as Ericsson and Nokia are...