The Indian government will introduce a Production-Linked Incentive (PLI) scheme by the end of the current financial year to boost the domestic manufacturing of power transmission equipment. This move, directed by Prime Minister Modi, aims to address rising demand and reduce reliance on imports, particularly from China. BulletsIn PLI scheme to encourage local manufacturing of
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The Indian government will introduce a Production-Linked Incentive (PLI) scheme by the end of the current financial year to boost the domestic manufacturing of power transmission equipment. This move, directed by Prime Minister Modi, aims to address rising demand and reduce reliance on imports, particularly from China. BulletsIn PLI scheme to encourage local manufacturing of
