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Watch: How Amar Jawan Jyoti was merged with War Memorial flame

Watch: How Amar Jawan Jyoti was merged with War Memorial flame

Sushant Singh Rajput's 36th birth anniversary: Must watch films of the actor

Sushant Singh Rajput's 36th birth anniversary: Must watch films of the actor

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Clubhouse viral chat case: Mumbai cops arrest 3 for targeting Muslim women

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Renowned actor and singer Meat Loaf passes away at 74

Renowned actor and singer Meat Loaf passes away at 74

115 Auto Companies File For PLI Scheme

The Ministry of Heavy Industries announced that a total of 115 automobile and automobile-related ancillary companies filed for the Production Linked Incentive (PLI) Scheme. The scheme was open for receiving applications till midnight of January 9, 2022. Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) of vehicles and components manufactured in India from April 1 onwards for a period of five consecutive years. The government announced the PLI Scheme for the automobile sector in September last year with a budgetary outlay of Rs. 25,938 crore. The PLI Scheme for the automotive sector aims to help the industry transition faster towards environmentally cleaner, sustainable, and more efficient electric vehicles. The scheme's objectives include overcoming cost disabilities, creating economies of scale and building a robust supply chain.

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115 Auto Companies File For PLI Scheme

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