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115 companies file applications under PLI scheme for auto sector

As many as 115 companies have filed applications to seek benefits under the production linked incentive (PLI) scheme for automobile and auto component sector, the heavy industries ministry said on Monday. The scheme was notified on September 23, 2021. The scheme was open for receiving applications till January 9, 2022. Incentives are applicable under the scheme for determined

115 firms apply for Production Linked Incentive scheme for auto sector

A total 115 firms have applied for Production Linked Incentive (PLI) scheme for auto sector under which the Government of India proposes to provide financial support to boost domestic manufacturing of advanced automotive technology products and attract investments in the automotive manufacturing value chain.

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