Received proposals worth Rs 75k cr under auto PLI scheme: Kumaraswamy

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The government has received investment proposals worth around Rs 75,000 crore under the auto PLI scheme of which close to Rs 18,000 crore has already been invested, Union heavy industries minister H D Kumaraswamy said on Tuesday.

"Since its launch, the scheme (Auto PLI) has been instrumental in attracting Rs 74,850 crore in proposed investments.

He noted that in order to ensure continuous growth in electric mobility, the ministry is now focusing on charging infrastructure.

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Category: BusinessFinance

Markets: India

Topics: Govt gets investment proposal worth Rs 75k cr under auto PLI scheme: Kumaraswamy

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-09-10 @ 19:35:10 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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News ID: 22449412

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