Thursday, December 29, 2022

Proposed investments under PLI scheme in automobile sector overshoot target estimate

A total of 115 companies had filed their application under the PLI scheme. The scheme and its guidelines were notified on September 23, 2021. Apart from Indian business groups, approved applicants under the PLI scheme include groups from countries such as the Republic of Korea, the US, Japan, France, Italy, the UK, and the Netherlands.

from Auto-Industry-Economic Times https://ift.tt/h1r0J8c

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...