local value addition: Auto companies flag local value additi

local value addition: Auto companies flag local value addition math under PLI

A minimum 50% domestic value addition (DVA) is a key condition for companies to qualify for subsidies under the scheme. The intention is to promote local manufacture of new technology products such as electric vehicles (EV) rather than subsidising imports.

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Mumbai , Maharashtra , India , Saurabh Agarwal , Society Of Indian Automotive Manufacturers , Companies Do , Mahindra Last Mile Mobility , Indian Automotive Manufacturers , Local Value Addition , Dva , Pli Scheme , Local Value , Heavy Industries ,

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