Union cabinet announces PLI schemes for auto, drone industries

To enhance India’s manufacturing capabilities, Union Cabinet on Wednesday approved the production linked incentive (PLI) schemes for the auto, auto-component, and drone industries. Briefing media about the Cabinet decision, Union Minister Anurag Thakur said the PLI scheme has a budgetary provision of Rs 26,058 crores – Rs 25,938 crores for the auto sector and Rs 120 crores […]