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AUTO PLI SURPASSES PROPOSED TARGET, GARNERS INVESTMENT OF RS 67,690 CR IN 5 YRS
The Business Guardian
|January 18, 2024
A total of 115 companies had filed 120 applications under this PLI scheme. Out of which, 85 applicants have been approved, comprising of 18 applicants for Champion OEM Incentive scheme and 67 applicants for Component Champion Incentive scheme
The Production Linked Incentive for the auto sector has been successful in attracting a proposed investment of Rs 67,690 crore against the target estimate of investment of Rs 42,500 crore over a period of five years. A total of 115 companies had filed 120 applications under this PLI scheme. Out of which, 85 applicants have been approved, comprising of 18 applicants for Champion OEM Incentive scheme and 67 applicants for Component Champion Incentive scheme. Two auto OEM companies were approved for both parts of the scheme.
Esta historia es de la edición January 18, 2024 de The Business Guardian.
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