PLI Scheme articles

Production Linked Incentive Scheme (PLI) for Automobile & Auto Components

Government of India is focusing on promoting environmental friendly electric vehicles and electric batteries. The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended from time to time and the last extension was allowed up to 31st March 2019. The 1st Phase [...

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Posted Under: Corporate Law |

PLI Scheme Explained 2021 FAME II Auto Sector

Subsequent to the FAME II the Government has taken a Milestone for ramping up the Electric Mobility in the India Economy and to Protect the sustainability of Indian Automakers and to Make India “Atma-Nirbhar Bharat” Recently, the Govt of India Union Cabinet has approved a Rs. 26,058 crore Production Linked Incentive (PLI) sche...

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Posted Under: Corporate Law |

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