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Govt wants to certify all auto PLI applicants by July
Mint Mumbai
|January 17, 2024
The Union ministry of heavy industries, which implements the government's production-linked incentive (PLI) scheme for advanced automotive technologies, is aiming for all the 85 applicants to receive the approval certification against the scheme's domestic value-addition (DVA) criteria by July 2024, its secretary Kamran Rizvi said.
"We are confident our PLI scheme will clear any audit in terms of how properly we are implementing it. Our target is that all 85 applicants should have the certification by July 2024,"Rizvi said at a gathering of automotive industry stakeholders on Tuesday.
Further, a meeting of component applicants to facilitate domestic value-addition (DVA) applications for automotive suppliers that have yet to secure any DVA certifications, is likely to be called soon by the ministry's additional secretary Hanif Qureshi.
Denne historien er fra January 17, 2024-utgaven av Mint Mumbai.
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