Section

Auto companies flag local value addition math under PLI

one year ago Auto economictimes
A minimum 50% domestic value addition (DVA) is a key condition for companies to qualify for subsidies under the scheme. The intention is to promote local manufacture of new technology products such as electric vehicles (EV) rather than subsidising imports. Read more at: economictimes

Tags : PLI scheme local value addition local value society of indian automotive manufacturers heavy industries ministry of heavy industries Mahindra Last Mile Mobility domestic value addition

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like