PLI-Auto adds three more cos to roster

The Centre approved products of three more companies—Pinnacle Mobility, Varroc Engineering and Napino Auto and Electronics—under its production-linked incentive (PLI) scheme for the auto sector, as per data from the government's PLI-Auto portal.

- MANAS PIMPALKHARE

This comes despite limited payouts so far and a sharp cut in the scheme's disbursal target for FY2