Centre plans to limit PLI scheme for auto to green vehicles - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Centre plans to limit PLI scheme for auto to green vehicles

The scheme is likely to be a dampener for top companies such as Maruti Suzuki, Honda, Toyota, Renault-Nissan, Skoda-VW and many others that derive all their sales from petrol/diesel cars. The original scope of allocation was Rs 57,000 crore over five years, starting 2022-23, which has now been reduced, government sources told TOI.

from Industry-Economic Times
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