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
KUFRI: The Directorate General of Civil Aviation (DGCA) on Wednesday (Jan 24) imposed a penalty of Rs 1.1 crore on Air India for alleged safety violations on some long range terrain critical routes. An AI pilot had given a “voluntary safety report” to the regulator regarding a flight that was to be operated between India … Read more
London: Hinduja group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive Chairman Dheeraj Hinduja. The thrust is to see Ashok Leyland among the top 10 global original equipment manufacturers (OEM), said Hinduja at Carlton House Terrace, London, UK, during … Read more