PLI Scheme for ACC battery
PLI Scheme Details The scheme provides financial incentive (cash subsidy) for setting up manufacturing facility for advanced battery pack and advance chemistry cells (“ACC”); A cumulative ACC manufacturing capacity of 50 GWh for ACC shall be allocated to selected investors based on techno financial bid (Quality and cost based selection process); Additional incentive for manufacturing […]
PLI for AC and LED Manufacturing
PLI Scheme Coverage Air Conditioners , high value intermediates (copper tube, aluminium foils and compressors) and low value intermediates (PCB assembly for controllers, BLDC motors, Service Valves and cross fan for AC and components LED lighting products including core components such as chip packaging, resistors, IC, fuse etc. and non core components like LED chips, […]
PLI for Solav PV Manufacturing
Eligibility Beneficiaries of the PLI scheme will be selected through a transparent bidding process and will be shortlisted after consideration of the following three parameters: A) Extent of Integration: Manufacturers to propose to set up a fully integrated solar PV manufacturing plant using silicon based technology (starting from the stage of manufacturing of polysilicon, to […]
PLI for Telecom Equipments Manufacturing
Telecom Equipment/ Products Covered Core transmission 4G/ 5G, Next Gen Radio and Wireless IoT and other wireless Enterprise equipment: Switches, Routers Dense Wavelength Division Multiplexing (DWDM) 4G/ Long Term Evolution (LTE)Radio Access Network (RAN) Base Station & Core Equipment; Unified Communications Platforms Switches Optical Transport Network (OTN) 5G RAN Base Station & Core Equipment IP […]
PLI for Pharma Industry
Pharma PLI Scheme Details: The manufacturers of pharmaceutical goods registered in India will be grouped based on their Global Manufacturing Revenue (GMR) to ensure wider applicability of the scheme across the pharmaceutical industry and at the same time meet the objectives of the scheme. The qualifying criteria (Base Year: Financial Year 2019-20 shall be treated […]
PLI for Automotive industry
In order to boost domestic manufacturing and cut down on import bills, the central government in March 2020 introduced a scheme that aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to set shop in India, the scheme also aims to encourage local companies to […]
Open Demat Account for Share trading in 5 minutes
A demat account (short for “dematerialized account”) is an account to hold financial securities (equity or debt) in electronic form. In India, demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository. The demat […]
Advanced Chemistry Cell Battery Manufacturing Incentives
1 ACC BATTERIES Advance Chemistry Cells (ACCs) are the new generation advance storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required. In this Programme the technologies shall comprise of ACCs and integrated advanced batteries (Single Units) that […]
Global Minimum Tax – Gamechanger for US and global economy
The Biden administration in April, 2021 released an outline of its proposed changes to U.S. corporate tax policies, called the “Made in America” tax plan. It includes a proposal to establish a ‘Global Minimum Tax’ rate on businesses, potentially bringing the U.S. fully on board with an effort that has so far been led primarily […]
Production Linked Incentive (PLI) – Food Processing
PLI Scheme – Overview Government of India (GOI) has approved a new Central Sector Scheme – “Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)” for implementation during 2021-22 to 2026-27 with an outlay of Rs. 10,900 crore. The objective of the scheme is to support the creation of global food manufacturing champions; promote Indian […]