Govt Set to Consider Auto PLI Applications with Chinese Investment After FDI Nod
4 Articles
4 Articles
The government could offer auto companies incentives for Chinese investment under the PLI scheme, which is given to companies to support their manufacturing.
Govt set to consider auto PLI applications with Chinese investment after FDI nod
The auto PLI scheme was approved in September 2021 with a ₹25,938 crore budgetary outlay. Incentives were to be disbursed for meeting incremental production, investment, and domestic value addition (DVA) goals, among others from 2023-24 onwards.http://dlvr.it/TVc5Gx
Indian government to consider auto PLI scheme applications with Chinese investments, including JSW MG Motor. Read the latest updates and policy shifts now.
The improving diplomatic relations between India and China are now having an impact on trade. The central government is preparing to soon approve pending PLI applications from auto companies with Chinese investment.
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