Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments
The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments. The scheme will be applicable for five consecutive financial years, starting from FY24 and ending in 2027-28. The government has also modified the incentive outlay table to INR 25,938 crore.
Tags : Auto PLI scheme Automobile Auto Components PLI scheme Ministry of Heavy Industries component champions Empowered Group of Secretaries
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