employment generation

Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

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Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

NEW DELHI: The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in Parliament on Monday. A capital of Rs 14,043 crore has been invested till end-March 2024, it stated. Applicants have proposed employment generation of 1.48 lakh, … Read more

Tata motors new plant: Tata Motors signs MoU with Tamil Nadu govt for manufacturing plant; to invest Rs 9,000 crore over 5 years

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Tata motors new plant: Tata Motors signs MoU with Tamil Nadu govt for manufacturing plant; to invest Rs 9,000 crore over 5 years

Automobile giant Tata Motors and the Tamil Nadu Government have signed a Memorandum of Understanding (MoU) to build a vehicle manufacturing facility with an investment of Rs 9,000 crore over the next five years, the company said in an exchange filing on Wednesday. The agreement further bolsters employment generation in the state with a dedicated … Read more