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India's automobile sector is expected to see a surge in apprentice recruitment, with a growth rate of 70-80%. The extension of the Production-Linked Incentive (PLI) scheme for the automotive sector is a significant factor contributing to this growth. The stipend for apprentices is expected to range from Rs 12,500 to Rs 13,300 per month.
Auto Sector Demand Surge Recruitment: One of the significant factor contributing to this growth is the extension of the Production-Linked Incentive (PLI) scheme for the automotive sector. Originally scheduled to run from 2022-23 to 2027-28, this scheme's extension promises to usher in a new era of growth and increased employment opportunities within the sector.