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Toyota Kirloskar Is First Parts Maker To Get Auto PLI: Govt
Mint Mumbai
|March 27, 2025
As per the PLI Auto portal, TKAP has two approved products under the scheme
Bengaluru-based Toyota Kirloskar Auto Parts Pvt Ltd has become the first component manufacturer and the fourth overall company to receive incentives under the production-linked scheme for automobiles and auto components, as per the ministry of heavy industry on Wednesday.
The ministry posted an infographic on its official handle on X about the PLI Auto scheme, and mentioned Toyota Kirloskar Auto Parts (TKAP) alongside Tata Motors Ltd, Mahindra & Mahindra Ltd, and Ola Electric Technologies Ltd, all entities which have received PLIs under the ₹25,938-crore scheme to promote domestic auto manufacturing.
Dit verhaal komt uit de March 27, 2025-editie van Mint Mumbai.
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