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AUTO PLI BUDGET
Ola Electric becomes first 2W EV manufacturer to bag PLI incentivesOla Electric becomes the first two-wheeler EV manufacturer in India to receive incentives under the PLI-Auto Scheme. The company was grante...- Budget 2025: Extending PLI benefits to handicrafts, leather help create more jobs, says DeloitteIndia Budget: Deloitte advises the government to extend PLI benefits to job-generating sectors like handicrafts and leather in the upcoming...
- Time ripe for next round of big reforms to attract manufacturers: ExpertsSome experts suggested steps include creating world-class, export-oriented industrial hubs (where India is a laggard), ringing in favourabl...
- PLI expanded to 16 sectors, Budget allocation at Rs 16k crTotal allocation surged by 89% to Rs 16,092 crore in FY25 from Rs 8,520 crore in FY24. Further, 38% of the total allocation in this year's ...
- Is the EV market ready to remove the mask of subsidies?Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...
- Maruti Suzuki eyes policy continuity in Interim Budget with focus on PLI and FAME schemesBudget 2024: Maruti Suzuki anticipates the government's sustained focus on Production Linked Incentives (PLI) and the Faster Adoption and M...
- Budget 2024: Will FM Sitharaman expand PLI scheme to other sectors or give it a miss?Union Budget: The primary goal of the production-linked incentive (PLI) scheme is to generate jobs, which India sorely needs. The governmen...
- Some more PLIs: FY24 could be inflection point for surge in India’s manufacturing capexWith the PLI scheme in place, the annual investment in India’s manufacturing sector may remain high for a few years from FY2023-24. But que...
- How Budget is shaping the journey for the catalyst of India's world factory dreamsUnion Budget 2023: PLI schemes have been introduced to boost domestic manufacturing, enhance employment opportunities, reduce imports and i...
- Government may announce PLI scheme for more sectors in BudgetThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
- Automotive PLI scheme - A strong financial boost for manufacturingThe government is investing in the long-term growth of our manufacturing sector by providing a strong financial booster shot in the form of...
- Auto industry pins hope on consumption-led demand in Budget for revival of growthOn the backdrop of the global semiconductor shortages, automotive OEMs had expected investments in the sector to reduce such supply chain i...
- Bring electric vehicle financing under priority sector lending, allocate sufficient funds for R&D: SMEV in its Budget 2022 wishlist"To create a robust ecosystem for electric vehicles and give a boost to the EV market, the government could look at putting EVs in the prio...
- Will Union Budget 2022 provide much-needed booster shot to auto industry?The industry would naturally expect certainty in the tax and regulatory policies, and their interpretation. While in the recent past, there...
- PLI scheme for auto sector to build self-sustaining framework for e-mobility industry: SMEVThe Union Cabinet has on Wednesday approved a Rs 26,058 crore PLI scheme for auto, auto-components and drone industries to enhance India's ...
- Rs 26,000-crore PLI scheme to steer automotive sector towards electric, hybrid and fuel cell vehicles“The beneficiaries in the PLI scheme for the auto sector are likely to be 10 vehicle manufacturers, 50 auto-component manufactures and 5 ne...
- PLI scheme to promote investment in new age auto tech, says ACMA"This scheme is both progressive and transformational. It reiterates India's holistic commitment to a sustainable future and accelerates th...
- Cabinet may approve revised PLI scheme for auto sector on WednesdayGovt had announced the Rs 57,043-crore production-linked incentive scheme last year for the auto sector.
- Cabinet may soon approve revised PLI scheme for auto sectorComponent segments which are expected to be covered under the scheme include automatic transmission assembly, electronic power steering sys...
- Budget 2021: What can drive auto makers into a fast lane?Besides, investors want to hear more on export incentives through production-linked incentive (PLI) scheme, and steps the government will t...
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