Wednesday, July 16, 2025

Centre may seek details on missing auto PLI claims

The Centre is set to investigate why many beneficiaries of the ₹25,938 crore PLI-Auto scheme haven't claimed incentives despite approvals. Launched in September 2021, the scheme aims to boost domestic auto manufacturing through incremental production and local value addition. Supply chain issues are cited as a hurdle.

from Auto-Industry-Economic Times https://ift.tt/9hMT2IA

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...