The government has constituted a committee to examine the auto industry’s demand for including more components in the production-linked incentive scheme for automobile and auto components, Union Minister Mahendra Nath …
In a bid to advance the vision of a self-reliant India (Atmanirbhar Bharat), the Ministry of Heavy Industries (HMI) held a discussion on the topic “From Local to Global India …
The centre on Tuesday announced a slew of measures to make the performance linked incentive (PLI) Auto scheme more lucrative for beneficiaries. Announcing the development, Minister for Heavy Industries, Mahendra …
New Delhi: India’s automotive industry is poised to rank number three in the world by 2030, with various schemes like the Rs 25,938 crore PLI for Automobile and Auto Components …
Mumbai: Automakers that have qualified for the ₹25,938 crore production-linked incentive (PLI) scheme for the sector have raised concerns about the calculation of local value addition. These concerns are causing …