According to an official announcement issued on 14 September, the government has extended the application period for the PLI plan for white goods (LED lights and air conditioners) by 30 days. From September 15 to October 14, the window will remain accessible. As per the Ministry of Commerce and Industry,
Samsung, a key player in the Korean electronics industry, has now extended its "Make in India" campaign by producing laptops domestically in India, following the launch of smartphones. Samsung’s Noida Facility: Expanding From Smartphones to Laptops According to a Times Now article, the laptops are put together
According to reports, the government has received 70 applications for its project to manufacture electronics components worth INR 22,919 Cr. The development was confirmed by Union Minister Ashwini Vaishnaw, who also noted that small and medium-sized businesses make up the majority of the applications. Vaishnaw informed a news source
About 20% of all iPhones made worldwide are currently made in India, where production of the device increased by about 60% in the past year, according to the report. This effort follows India's PLI programme, which has been instrumental in drawing in large international electronics firms.
To participate in the Production Linked Incentive (PLI) programme for vehicles and auto parts, Ola Electric's S1 X escooter models (3 kWh and 4 kWh) have earned the domestic value addition certification (DVA). According to a media report, the business has announced that their escooters have achieved the
🔍Insights
A joint report by industry bodies FICCI and KPMG had estimated that the Indian toy industry was worth USD 1 billion in FY 2019-2020 which would double by FY 2024-2025 to reach USD 2 billion. These figures are low compared to the global worth of the toy industry which stands