Govt readies Rs 4,000 cr fuel for India's auto cos
Synopsis The government is set to release ₹4,000 crore this fiscal year under the Auto-PLI scheme, designed to stimulate production and investment among qualified companies
Synopsis The government is set to release ₹4,000 crore this fiscal year under the Auto-PLI scheme, designed to stimulate production and investment among qualified companies. Notably, Bajaj Auto has already benefited, receiving ₹750 crore for meeting its incremental sales targets for fiscal year 2026. Substantial funds have been allocated to support this initiative, underscoring its significance.
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