Nomura Expects These Auto Firms To Benefit From PLI Scheme
Nomura Expects These Auto Firms To Benefit From PLI Scheme Dec 29 2020, 1:46 PM December 29 2020, 1:04 PM December 29 2020, 1:46 PM Nomura expects select auto and auto components makers to benefit from the government's Rs 1.46-lakh-crore ($20 billion) incentive programme to set up manufacturing in India.Bajaj Auto Ltd., TVS Motor Company Ltd. and Ashok Leyland Ltd. among original equipment makers and Balkrishna Industries Ltd., Bharat Forge Ltd., Sundaram Clayton Ltd., Wabco India Ltd. and Ramkrishna Forgings Ltd. in auto parts are potential beneficiaries of the ... Nomura expects select auto...
Source: bloombergquint.com