Production-Linked Incentive scheme

PLI-Auto adds three more firms to roster

adminMay 22, 202508 mins

[ad_1] New Delhi: The Centre has approved products made by three more companies—Pinnacle Mobility, Varroc Engineering, and Napino Auto and Electronics—under its flagship production-linked incentive (PLI) scheme for the auto sector, according to data from the government’s PLI-Auto portal. he move comes despite limited payouts so far and a sharp cut in the scheme’s disbursal…

Apple’s Indian workforce expansion could see 6,00,000 jobs by fiscal year-end: Report

adminAugust 30, 202404 mins

[ad_1] Tech giant Apple is anticipated to significantly expand its workforce in the Indian market, potentially generating around 600,000 jobs by the conclusion of the fiscal year, reported the Economic Times, citing insider information. As per the publication, this strategic initiative seems to be aimed at lessening Apple’s reliance on China for its manufacturing processes….