auto PLIs update: Govt gets investment proposals worth Rs 75,000 cr under auto PLI scheme: HD Kumaraswamy

auto PLIs update: Govt gets investment proposals worth Rs 75,000 cr under auto PLI scheme: HD Kumaraswamy

The government has received investment proposals worth around Rs 75,000 crore under the auto PLI scheme of which close to Rs 18,000 crore has already been invested, Union heavy industries minister H D Kumaraswamy said on Tuesday. Speaking at the 64th Annual SIAM convention here, the minister said the scheme has helped create around 30,000 … Read more

Govt forms panel to examine demands for inclusion of more components in Auto PLI: Minister

Govt forms panel to examine demands for inclusion of more components in Auto PLI: Minister

The government has constituted a committee to examine the auto industry’s demand for including more components in the production-linked incentive scheme for automobile and auto components, Union Minister Mahendra Nath Pandey said. “A committee has been constituted to examine demands from stakeholders to include more (automotive) components in the scope of the PLI scheme as … Read more