PolicyET Techabout 1 hour ago
India May Clear Auto PLI for Chinese JVs
3 min read
India is likely to consider production-linked incentive applications from auto companies with Chinese investment, officials said, after President Xi Jinping's recent visit. The move could benefit two Tata AutoComp ventures and JSW MG Motor India. Existing applications with FDI approvals will be reviewed; no new window opens. The auto PLI scheme has a Rs 25,938 crore outlay.
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