Central Govt Finalizes 20 Companies for Auto PLI Scheme; Know Details

The central authorities has shortlisted a complete of 20 corporations for Performance Linked Incentive (PLI) scheme for auto cell business in India. The scheme noticed an amazing response from the traders, the ministry stated in a press release.

Under this PLI scheme, the federal government supplied an incentive of as much as 18 per cent to make recent investments in indigenous provide chain of superior automotive know-how (AAT) merchandise for automotive sector.

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