Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

NEW DELHI: The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in Parliament on Monday. A capital of Rs 14,043 crore has been invested till end-March 2024, it stated. Applicants have proposed employment generation of 1.48 lakh, … Read more

Govt invites bids for setting up ACC units under PLI scheme for battery storage

Govt invites bids for setting up ACC units under PLI scheme for battery storage

The Centre on Wednesday announced re-bidding under a PLI scheme for Advanced Chemistry Cells (ACC) to select bidders to set up mega battery manufacturing facilities of 10 GWh capacity with a budgetary outlay of Rs 3,620 crore. Documents for the global tender are available online from Wednesday. The bid due date is April 22, 2024 … Read more