PLI in auto: Investment target of Rs 42,500 crore in sight
The Production-Linked Incentive (PLI) scheme for the automobile sector is exceeding its investment target, with manufacturers committing over Rs 35,000 crore. The scheme has seen significant investment, particularly benefiting MSMEs, and is on track for further growth with more companies expected to join.
The Production-Linked Incentive (PLI) scheme for the automobile sector is exceeding its investment target, with manufacturers committing over Rs 35,000 crore. The scheme has seen significant investment, particularly benefiting MSMEs, and is on track for further growth with more companies expected to join.
