Government to start crediting PLI sops for auto cos in FY25
Mint Mumbai|December 20, 2023
The government will start crediting incentives under the ₹26,000 crore production-linked incentive scheme for automobiles and auto components from the next fiscal year, Union Minister for Heavy Industries Mahendra Nath Pandey said in a written reply to Parliament on Tuesday.
Alisha Sachdev
Government to start crediting PLI sops for auto cos in FY25

Mint had previously reported that automakers were skeptical about being able to complete the process to claim incentives under the scheme within this year. The scheme was first notified in 2021.

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