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Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments. The scheme will be applicable for five consecutive financial years, starting from FY24 and ending in 2027-28. The government has also modified the incentive outlay table to Rs. 25,938 crore.

India , Group-of-secretaries-ego , Automotive-technology , Industries-on , Heavy-industries , Production-linked-incentive , Auto-components , Empowered-group , Determined-sales-value , Auto-scheme , Advanced-automotive-technology

Government Extends Auto PLI Scheme Tenure with Partial Amendments for Auto Industry by One Year

Government Extends Auto PLI Scheme Tenure with Partial Amendments for Auto Industry by One Year
vervetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vervetimes.com Daily Mail and Mail on Sunday newspapers.

India , Automotive-technology , Ministry-of-heavy-industries-on , Group-of-secretaries-ego , Heavy-industries , Production-linked-incentive , Auto-components , Empowered-group , Determined-sales-value , Auto-scheme , Advanced-automotive-technology

Auto PLI Scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments, ET Auto

Auto PLI Scheme: The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments. The scheme will be applicable for five consecutive financial years, starting from FY24 and ending in 2027-28. The government has also modified the incentive outlay table to INR 25,938 crore.

New-delhi , Delhi , India , Group-of-secretaries-ego , Automotive-technology , Ministry-of-heavy-industries-on , Empowered-group , Heavy-industries , Production-linked-incentive , Auto-components , Determined-sales-value

India's EV Production Capacity and Domestic Auto Market Trends

India's EV Production Capacity and Domestic Auto Market Trends
india-briefing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india-briefing.com Daily Mail and Mail on Sunday newspapers.

Vikarabad , Andhra-pradesh , India , Chakan , Maharashtra , Pant-nagar , Uttaranchal , Baramati , Hyderabad , Madhya-pradesh , Ranipet , Tamil-nadu

Govt Extends Pli Scheme For Automotive Sector By 1 Year

Govt Extends Pli Scheme For Automotive Sector By 1 Year
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

India , New-delhi , Delhi , Krishan-pal-gurjar , Mahendra-nath-pandey , Union-heavy-industries , Union-government , Mahindra , Automotive-technology , Tata-motors , Govt-extends , Advanced-automotive-technology

PLI scheme for automotive sector extended by 1 yr to FY28

The government has decided to extend the Rs 25,938-crore production-linked incentive scheme for the automotive sector by one year, Union Heavy Industries Minister Mahendra Nath Pandey said on Tuesday.

Post extension, the five-year scheme, originally in place from 2022-23 to 2026-27, will be active until 2027-28.

At present, incentives are applicable under the scheme for determined sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from 1 April 2022 onwards for a period of five consecutive years.

India , New-delhi , Delhi , Mahendra-nath-pandey , Tata-motors , Mahindra , Automotive-technology , Union-heavy-industries , Advanced-automotive-technology , Indian-automotive , Domestic-value-addition , Testing-agencies

ARAI awards Automotive PLI certificate to Mahindra Last Mile Mobility, ET Auto

Mahindra Last Mile Mobility is the first recipient to successfully meet the criteria for the Automotive PLI certificate from ARAI.

India , New-delhi , Delhi , Reji-mathai , Bharat-abhiyan , Suman-mishra , Ministry-of-heavy-industries , Heavy-industries , Production-linked-incentive , Auto-component-industry , Mahindra-last-mile-mobility , Component-champions

Govt Releases SOPs Under PLI Auto Scheme To Testing Agencies, Will Help Firms To Qualify For Financial Incentives

Govt Releases SOPs Under PLI Auto Scheme To Testing Agencies, Will Help Firms To Qualify For Financial Incentives
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

India , Pune , Maharashtra , Chennai , Tamil-nadu , Ministry-of-heavy-industries , Heavy-industries , Standard-operating-procedures , Production-linked-incentive , Auto-component-industry , Auto-scheme

Govt Releases SOP Under Production Linked Incentive Scheme for Automobile Sector

Applicants can submit applications for testing and certification of advanced automotive technology products, which will help them qualify for incentives

Bombay , Maharashtra , India , Aatmanirbhar-bharat , Bombay-police , Ministry-of-heavy-industries , Industries-mahendra-nath-pandey , Heavy-industries-mahendra-nath-pandey , Prime-minister , Heavy-industries , Production-linked-incentive , Auto-component-industry

Govt releases SOPs under PLI schemes for automotive sector

Heavy industries ministry said that with the new SOPs, the applicants under the scheme can now submit their applications for the testing and certification of AAT products, both OEMs and components, which will help them qualify for incentives under the PLI schemes

India , Pune , Maharashtra , Chennai , Tamil-nadu , Aatmanirbhar-bharat , Mahendra-nath-pandey , Ministry-of-heavy-industries , Prime-minister , Heavy-industries , Production-linked-incentive , Auto-component-industry