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COMPONENT CHAMPION INCENTIVE
South Korea, Taiwan leapfrog India, but the race was lost decades agoSouth Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems fr...- Tata Electronics boosts headcount to 75,000Tata Electronics has significantly expanded its workforce to 75,000, surpassing Foxconn and becoming Apple's largest contract manufacturer ...
- Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 croreThe PLI scheme for automobiles and auto components has attracted Rs 67,690 crore in proposed investments, with Rs 14,043 crore already inve...
- Automobile industry will contribute to India's rise as third largest economyThe Ministry of Heavy Industries is overseeing the Rs 25,938 crore Production Linked Incentive (PLI) scheme for Automobile and Auto Compone...
- Govt extends tenure of PLI scheme for Auto industry by a year with partial amendmentsThe Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year w...
- Centre tweaks PLI auto scheme to better support beneficiariesApplicants 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 ...
- Govt releases standard operating procedure under PLI scheme for automobile sectorNew Delhi, Apr 27 (PTI) The Union government on Thursday announced the standard operating procedure of the production linked incentive sche...
- Government to soon issue SOPs for Rs 26k crore auto PLI“A draft SOP has been prepared in consultation with the players that were shortlisted,” a senior government official told ET. “Issues regar...
- Tough to calculate local value-add, say auto PLI applicants to governmentHowever, the ministry of heavy industries, which is implementing the PLI scheme for the automotive industry, has asked the applicants to de...
- Proposed investments under PLI scheme in automobile sector overshoot target estimateA total of 115 companies had filed their application under the PLI scheme. The scheme and its guidelines were notified on September 23, 202...
- Vehicle manufacturers can avail of benefits under various PLI schemesThe road transport ministry is examining the incidents. An independent investigation is underway. I am sure there will be corrective measur...
- Sundram Fasteners receives GOI approval under PLISundram Fasteners has projected an investment of over Rs 350 Crores for manufacturing Advanced Automotive Technology (AAT) components like ...
- Sundram Fasteners wins incentive approval under PLI scheme"The Ministry of Heavy Industries (MHA) vide its letter dated March 22, 2022 has approved the application submitted by the Company under Co...
- Toyota, Tata, Motherson, TVS, Hero, Maruti Suzuki get approvals under PLI schemeThe scheme has been successful in attracting proposed investment of Rs 74,850 crore against the target estimate of investment Rs 42,500 cro...
- Auto PLI invites 76% higher investment than planned outlay, industry commits Rs 74850 crore investmentAfter receiving over Rs 45000 crore commitment from the vehicle makers and additional Rs 17,500 to Rs 20,000 crore minimum investment has b...
- Suzuki, Hyundai, Tata Motors among 20 companies selected for sops under Auto PLI scheme"The Scheme has been a huge success in terms of overwhelming response received with a proposed investment of Rs 45,016 crore from approved ...
- PLI scheme for auto sector: List of applications approved under Champion OEM Incentive schemeThe PLI scheme for the automobile sector proposes financial incentives of up to 18% to boost domestic manufacturing of advanced automotive ...
- 115 companies file applications under PLI scheme for auto sectorThe scheme for the sector was approved with a budgetary outlay of Rs 25,938 crore. It aims at boosting domestic manufacturing of these prod...
- View: Here's how auto PLI scheme could give the right impetus to industryThe scheme can be successful only if industry leaders understand its context and intent with an open mind.
- Auto sector disruptor PLI scheme to re-energise incumbents, charge up new playersSources indicated that large auto players such as Hyundai, Tata Motors, Maruti Suzuki have already started studying their production plan k...
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