In line with the Union Budget 2021-22 announcement of the PLI outlay, the government of India approved the scheme for the automobile industry. Ashish Bhatia visited 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…]