Voice your view on PLI Scheme for Auto-Sector by GOI

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on September 15, 2021, Government of India has approved Production Linked Incentive (PLI) Scheme to boost Auto Industry and Drone Industry thereby enhancing domestic manufacturing capabilities. The Scheme for auto sector will bring fresh investments of over INR 42,500 Cr in five years and incremental production of over INR 2.3 lakh Cr. Further, the scheme will bring investments of INR 5,000 Cr in three years . The PLI Scheme for auto sector is open to existing automotive companies as well as new investors who are currently not in automobile or auto component manufacturing business. (1) What is your view about this new version of PLI scheme ? Will it help Indian automotive industries in the current challenging situation ? (2) What all other areas of automotive domain you feel PLI scheme should cover too ?

Saugata Pal
Posted on Sep 28

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