Rs 25,938 crore: Extension of PLI Scheme for Automobile and Auto Components by one year!
Rs 25,938 crore: Extension of PLI Scheme for Automobile and Auto Components by one year!

Rs 25,938 crore: Extension of PLI Scheme for Automobile and Auto Components by one year!

Boosting Auto Industry Growth: India's PLI Scheme Extended with Strategic Amendments

DSIJ Intelligence-3 Article rating: 4.4

The Gazette Notification issued by the Ministry outlines key modifications to the PLI Scheme, effective upon publication. Under the revised framework, the incentive will now span five consecutive financial years, commencing from 2023-24, with disbursement occurring in the subsequent financial year, 2024-25.

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