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Kia India seeks additional time for PLI compliance
Financial Express Kochi
|January 22, 2025
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KIA INDIA, a participant in the ₹25,938 crore production-linked incentive scheme for the automobile and auto components (PLI-Auto), has reached out to the ministry of heavy industries (MHI) to affirm its commitment to the scheme. The company has requested additional time to submit the necessary investment declaration documents, citing procedural delays.
In a communication to the ministry, Kia India explained that recent changes in the authorisation process had hindered its ability to upload investment details on the government portal.
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