Corporate News

Apple’s iPhone Exports from India Cross $50 Billion Under PLI Scheme

  • January 6, 2026
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Apple’s iPhone exports from India surpassed $50 billion under the smartphone production-linked incentive (PLI) scheme by December 2025, with $16 billion in exports during the first nine months of FY26. Apple’s figure is significantly higher than Samsung’s $17 billion during its PLI eligibility from FY21 to FY25. The company operates five assembly plants in India, […]

State News

Solar PLI Initiative Drives Employment Surge, Adds 43,000 Jobs in Nine States

  • December 5, 2025
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India’s Production-Linked Incentive (PLI) scheme for solar modules has created approximately 43,000 jobs across nine states by October 2025. This includes about 11,220 direct jobs from solar manufacturing units, with Gujarat leading at over 22,400 jobs, followed by Tamil Nadu (6,800 jobs) and Andhra Pradesh (1,620 jobs). The scheme, supported by a financial outlay of […]

Corporate News

India’s Solar Capacity to Hit 216 GW by FY28: Report

  • November 4, 2025
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India’s solar capacity is projected to reach approximately 216 GW by FY28, generating 305 billion units, driven by the Production Linked Incentive (PLI) scheme and significant efficiency gains. As of September 2025, the installed solar base surged to 127.3 GW, contributing about 25.7% of the total capacity. Exports of solar photovoltaic products have increased over […]

Corporate News

Government Extends PLI Scheme Deadline for White Goods Manufacturing to Oct 14

  • September 16, 2025
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The government has reopened the application window for the Production-Linked Incentive #PLIScheme for #WhiteGoods (Air Conditioners and LED lights) from September 15 to October 14, 2025. This decision is based on industry demand for further investment and increased confidence in domestic component manufacturing. So far, 83 applicants have been selected, committing ₹10,406 crore under the […]