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PLI scheme for automotive industry extended till FY2028

PLI scheme for automotive industry extended till FY2028
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Group of secretaries egoMinistry of heavy industriesProduction linked incentiveEmpowered groupHeavy industriesDetermined sales value

Govt notifies tweaked PLI scheme for auto sector - News Today

Govt notifies tweaked PLI scheme for auto sector - News Today
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Group of secretaries egoUnion ministry of heavy industriesUnion ministryHeavy industriesProduction linked incentiveEmpowered groupDetermined sales value

Auto PLI scheme: 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 Rs. 25,938 crore.

Group of secretaries egoAutomotive technologyIndustries onHeavy industriesProduction linked incentiveAuto componentsEmpowered groupDetermined sales valueAuto schemeAdvanced automotive technologyComponent championsAuto pli schemePli schemeMinistry of heavy industriesEmpowered group of secretaries

PLI scheme for automobile, auto components extended by 1 year, total outlay raised to Rs 25,938 crore

The incentives as part of the scheme will now be available from FY24 to FY28, an official release noted.

Union ministry of heavy industriesGroup of secretarieEmpowered groupUnion ministryHeavy industriesOla electricDetermined sales valuePli schemeAuto componentsMinistry of heavy industries

Govt notifies tweaked PLI scheme for auto sector

The Union Ministry of Heavy Industries said on Monday that it has issued a gazette notification to announce the extension of the tenure of the Production Linked Incentive (PLI) scheme for automobile and auto components by one year.The decision .

New delhiGroup of secretaries egoUnion ministry of heavy industriesUnion ministryHeavy industriesProduction linked incentiveEmpowered groupDetermined sales value

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