In line with the Union Budget 2021-22 announcement, the Government of India approved the PLI scheme for the automobile and auto components industry. Ashish Bhatia visits the fine print to gauge the industry sentiment. In the Union Budget 2021-2022, under the Production Linked Incentive (PLI) scheme, Rs.1.97 Lakh crore was allocated for creating “global manufacturing champions” across 13 sectors including[Read More…]