Auto PLI scheme

Maruti Suzuki eyes policy continuity in Interim Budget with focus on PLI and FAME schemes

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With the interim budget just round the corner, Indian automaker Maruti Suzuki hopes government focus will continue on Production Linked Incentives (PLI) and the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) schemes. At a virtual interaction with media, Shashank Srivastava, Executive Director (Sales and Marketing), highlighted that even though the interim budget … Read more

Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

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The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments to provide clarity and flexibility to the scheme. “This decision has been made after receiving the approval of the Empowered Group of Secretaries (EGoS),” … Read more