Business

Govt pondering PLI for furnishings sector

The government is considering a Production Linked Incentive (PLI) scheme for certain types of furniture to boost domestic manufacturing, and exports and create jobs in the sector, reported PTI citing an official. The proposal is at the discussion stage, the official added. The government has already rolled out the scheme with an outlay of about…

Published

2 years ago

September 4, 2022

Shrishti

Govt pondering PLI for furnishings sector

The authorities is pondering a Manufacturing Linked Incentive (PLI) scheme for particular forms of furnishings to grab home manufacturing, and exports and arrangement jobs within the sector, reported PTI citing an loyal. The proposal is at the discussion stage, the loyal added. The authorities has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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