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Dozen firms set to exit auto PLI lane
Mint Hyderabad
|December 23, 2024
For new investors for parts, such as Bhel, the scheme demanded investments of at least ₹350 crore by FY25
an outlay of about ₹26,000 crore across five years. "The lack of investments under the scheme may be due to a change in strategy or investment plans of the company," said Ashim Sharma, senior partner and business unit head at Nomura Research Institute (NRI) Consulting & Solutions, India. "Also, if a company needs to invest more for the requirements of the domestic market, it may not focus on exports as a share of the production in the scheme is mandated to be exported. Auto and auto components PLI have largely been successful, and if 10-12 companies out of the over 100 are left out, it's not a major sample size to be concerned about," Sharma added.
Bu hikaye Mint Hyderabad dergisinin December 23, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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