The PLI scheme for automobiles and auto components has attracted Rs 67,690 crore in proposed investments, with Rs 14,043 crore already inve...

The Ministry of Heavy Industries is overseeing the Rs 25,938 crore Production Linked Incentive (PLI) scheme for Automobile and Auto Compone...

The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year w...

Applicants under scheme had proposed investment of Rs 67,690 crore, of which Rs.10,755 crore has been invested till June-end this year, an ...

New Delhi, Apr 27 (PTI) The Union government on Thursday announced the standard operating procedure of the production linked incentive sche...

The likely shift comes as the ministry of heavy industries, which administers FAME, has launched an investigation into the alleged misappro...

“A draft SOP has been prepared in consultation with the players that were shortlisted,” a senior government official told ET. “Issues regar...

A total of 115 companies had filed their application under the PLI scheme. The scheme and its guidelines were notified on September 23, 202...

The road transport ministry is examining the incidents. An independent investigation is underway. I am sure there will be corrective measur...

"The Ministry of Heavy Industries (MHA) vide its letter dated March 22, 2022 has approved the application submitted by the Company under Co...

The scheme has been successful in attracting proposed investment of Rs 74,850 crore against the target estimate of investment Rs 42,500 cro...

Highlighting that the scheme gives incentives only on such products which are presently not being made in India, Goel said therefore the in...

"The Scheme has been a huge success in terms of overwhelming response received with a proposed investment of Rs 45,016 crore from approved ...

The PLI scheme for the automobile sector proposes financial incentives of up to 18% to boost domestic manufacturing of advanced automotive ...

The scheme for the sector was approved with a budgetary outlay of Rs 25,938 crore. It aims at boosting domestic manufacturing of these prod...

The scheme can be successful only if industry leaders understand its context and intent with an open mind.

Sources indicated that large auto players such as Hyundai, Tata Motors, Maruti Suzuki have already started studying their production plan k...