Essayer OR - Gratuit

Eight more cos to get incentives under auto PLI

Business Standard

|

January 01, 2026

Three vehicle makers, five auto part makers to get benefits from FY27

- DEEPAK PATEL

Three additional vehicle makers and five more auto component makers will begin availing financial incentives under the production-linked incentive (PLI) scheme for the automobile sector from 2026-27 (FY27) onwards, Hanif Qureshi, additional secretary at the Ministry of Heavy Industries (MHI), said on Wednesday.

This will take the total number of companies receiving incentives under the scheme from the current 10 to 18 by the end of FY27.

The auto PLI scheme was approved by the Union Cabinet on September 15, 2021, with a total outlay of ₹25,938 crore over five years. Under the scheme, 115 companies applied, of which 82, including vehicle makers and auto component makers, were approved.

PLUS D'HISTOIRES DE Business Standard

Business Standard

Business Standard

US move on Venezuela oil lifts RIL, ONGC prospects

Indian oil majors, primarily Reliance Industries Ltd (RIL) and ONGC Ltd, could see a revival in business ties with Venezuela after the US pushed for control of the South American nation’s oil sector fol-

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

US Supreme Court increasingly favours the rich: Ivy League varsities

Supreme Court justices take two oaths.

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

NIMs stable, liquidity challenge looms

‘The past year was marked by large foreign investment in the banking sector, policy rate cuts by the Reserve Bank of India (RBI) that compressed banks’ margins, stress in the microfinance segment, and muted credit growth.

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

Reimport after 1 yr: Need permission under notification 45/2017-Cus

We had exported our manufactured goods by availing duty drawback and Rodtep.

time to read

2 mins

January 06, 2026

Business Standard

Banks see strong deposit growth in Q3 outpaced by rapid credit expansion

HDFC Bank's C/D ratio surges to 99.5%

time to read

3 mins

January 06, 2026

Business Standard

Business Standard

Trump warns India of even higher tariffs over Russia oil

United States President Donald Trump has warned that Washington could raise further tariffs on Indian exports if New Delhi does not stop buying Russian oil, adding fresh uncertainty to efforts to strike a trade deal between the two countries.

time to read

3 mins

January 06, 2026

Business Standard

Business Standard

Caracas softens stance after Trump’s threat

Maduro appears in NYC court; US Prez says Cuba govt ‘looks ready to fall’

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

Adani Power gets relief as SC nixes SEZ electricity duty

Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power’s appeal against a 2019 judgment of the Gujarat High Court.

time to read

2 mins

January 06, 2026

Business Standard

Export promotion

Market access schemes need to be backed by a coherent strategy

time to read

2 mins

January 06, 2026

Business Standard

Banks see strong deposit growth in Q3, outpaced by rapid credit expansion

On the rise

time to read

3 mins

January 06, 2026

Listen

Translate

Share

-
+

Change font size