SME Times is powered by   
Search News
Just in:   • Labour Ministry partners APNA to open 10 lakh job offers annually on NCS portal  • India-UAE bilateral trade doubles to $83.7 billion in two years after signing economic pact  • India aims to triple its textile exports to Rs 9 lakh crore by 2030  • India-Qatar joint business forum to bolster bilateral economic ties  • India, Qatar ink MoUs to strengthen economic ties 
Last updated: 27 Jul, 2023  

Sitharaman.9.thmb.jpg Centre plans to bring PLI scheme for chemicals, petrochemicals sectors: Sitharaman

Sitharaman.9.jpg
   Top Stories
» Labour Ministry partners APNA to open 10 lakh job offers annually on NCS portal
» India aims to triple its textile exports to Rs 9 lakh crore by 2030
» India-Qatar joint business forum to bolster bilateral economic ties
» India's exports of goods & services post 9.7 per cent rise in January
» India, US bilateral trade focuses on high-growth sectors like chips, electronics
IANS | 27 Jul, 2023
The central government has said that it will look at bringing a productivity linked incentive (PLI) scheme for the chemicals and petrochemicals sector.

Addressing an industry body event organised by FICCI, Finance Minister Nirmala Sitharaman on Thursday said that the government will consider a PLI scheme for the petrochemical and chemical sectors as India aims to become energy independent and achieve net-zero carbon emission by 2070.

As of now, the government has rolled out 14 PLI schemes for various sectors like telecom, Pharma and textiles among others.

Sitharaman said that the chemicals and petrochemicals sectors have a direct bearing on several sectors like construction, packaging, textile and agriculture.

She also said that India is being seen as an alternate destination for manufacturing in the chemicals and petrochemicals sectors. India's contribution to speciality chemicals is $32 billion.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter