Total 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 ...

Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...

Budget 2024: Maruti Suzuki anticipates the government's sustained focus on Production Linked Incentives (PLI) and the Faster Adoption and M...

Union Budget: The primary goal of the production-linked incentive (PLI) scheme is to generate jobs, which India sorely needs. The governmen...

With 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...

Union Budget 2023: PLI schemes have been introduced to boost domestic manufacturing, enhance employment opportunities, reduce imports and i...

The 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...

The government is investing in the long-term growth of our manufacturing sector by providing a strong financial booster shot in the form of...

On the backdrop of the global semiconductor shortages, automotive OEMs had expected investments in the sector to reduce such supply chain i...

"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...

The industry would naturally expect certainty in the tax and regulatory policies, and their interpretation. While in the recent past, there...

The Union Cabinet has on Wednesday approved a Rs 26,058 crore PLI scheme for auto, auto-components and drone industries to enhance India's ...

“The beneficiaries in the PLI scheme for the auto sector are likely to be 10 vehicle manufacturers, 50 auto-component manufactures and 5 ne...

"This scheme is both progressive and transformational. It reiterates India's holistic commitment to a sustainable future and accelerates th...

Govt had announced the Rs 57,043-crore production-linked incentive scheme last year for the auto sector.

Component segments which are expected to be covered under the scheme include automatic transmission assembly, electronic power steering sys...

Besides, investors want to hear more on export incentives through production-linked incentive (PLI) scheme, and steps the government will t...