Dozen auto firms set to be excluded from PLI scheme
Hindustan Times Mumbai|December 23, 2024
These automobile companies have not been able to start investing as planned
Manas Pimpalkhare & Rituraj Baruah

NEW DELHI: A dozen companies, including state-run Bharat Heavy Electricals Ltd (Bhel) and the Indian entity of Korean automaker Kia Motors, will be excluded from the production-linked incentive (PLI) scheme for automobiles and auto components, two people aware of the matter said, since these companies have made no investments under the scheme since it was launched in 2021.

Some of these companies including Kia India Pvt. Ltd have themselves shown their intent to relinquish benefits under the scheme as their initial plans for manufacturing under the scheme have not taken concrete shape, the persons said on the condition of anonymity.

Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Hindustan Times Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Hindustan Times Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS HINDUSTAN TIMES MUMBAIAlle anzeigen
Hindustan Times Mumbai

Ajith says he will 'only' sign films during non-racing season

Actor Ajith Kumar is insistent about pursuing his passion for motorsports, even if it means scaling back on the films he makes.

time-read
1 min  |
January 12, 2025
Hindustan Times Mumbai

Boxer Nishant Dev To Make Debut As Pro

World Championships (2023) bronze medal-winning boxer and Paris Olympian Nishant Dev has decided to turn professional.

time-read
1 min  |
January 12, 2025
Hindustan Times Mumbai

Satwik-Chirag Lose in Malaysia Open Semi-Final

Satwiksairaj Rankireddy and Chirag Shetty's impressive run at the Malaysia Open Super 1000 badminton tournament came to an end following a straight-game loss to South Korea's Kim Won Ho and Seo Seung Jae in the semi-finals on Saturday.

time-read
1 min  |
January 12, 2025
Hindustan Times Mumbai

After years of wait, women's HIL finally set for pushback

Women's HIL launch

time-read
3 Minuten  |
January 12, 2025
Hindustan Times Mumbai

Maharashtra, Karnataka Advance to Semis

Four-time champions Karnataka held their nerves to edge out hosts Baroda by five runs while Maharashtra outplayed Punjab by 70 runs to enter the Vijay Hazare Trophy semi-finals here on Saturday.

time-read
2 Minuten  |
January 12, 2025
Hindustan Times Mumbai

BCCI Leaves Call on Rohit, Virat to Selection Panel

India head coach Gautam Gambhir's first six months in the job have gone all wrong with India's impregnable home Test record undone by New Zealand's 3-0 clean sweep, followed by the loss (3-1) to Australia in the Border-Gavaskar Trophy series.

time-read
2 Minuten  |
January 12, 2025
Hindustan Times Mumbai

Shami makes India comeback after 14 months for T20I series

The pacer, back after surgery and rehab, will return for the five home T20Is against England, starting on January 22

time-read
3 Minuten  |
January 12, 2025
Hindustan Times Mumbai

ISL: Mohun Bagan edge past East Bengal, open 8-point lead

This was the second time in the week that Hijazi Maher erred. Against Mumbai City FC on Monday, it had come late in the match.

time-read
1 min  |
January 12, 2025
Hindustan Times Mumbai

Foreign Minister Won't Run to Replace Trudeau

Canadian Foreign Affairs Minister Melanie Joly said she won't enter the leadership race to succeed Justin Trudeau as prime minister.

time-read
1 min  |
January 12, 2025
Hindustan Times Mumbai

Ukraine Captures 2 North Korean Soldiers Fighting for Moscow

Ukraine's forces have captured two North Korean soldiers fighting alongside Russian forces in Russia's Kursk border region, President Volodymyr Zelensky said, on Saturday, the first such claim by Kyiv since North Korea sent thousands of troops to shore up Moscow's war effort on the other side of the world.

time-read
1 min  |
January 12, 2025