Question : New Scheme in Auto Industry

(a) whether the Government has any plan to launch new scheme in auto industry;

(b) if so, the details thereof;

(c) whether the Government got any proposal regarding the same;

(d) if so, the details thereof;

(e) the time by which the Government is planning to implement the said scheme; and

(f) the details of funds allocated for this purpose?

Answer given by the minister

THE MINISTER OF STATE FOR HEAVY INDUSTRIES
(SHRI KRISHAN PAL GURJAR)

(a) to (f): The Union Cabinet on 11th November, 2020 has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in 10 specified key sectors for enhancing India’s Manufacturing Capabilities and Enhancing Exports - Atmanirbhar Bharat including the Automobile and Auto Components Sector.
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