MHI seeks to revise PLI-Auto budget to ₹2,000 crore from ₹2,800 crore as automakers claim sops for second year
MHI aims to cut the PLI-Auto budget to ₹2,000 crore from ₹2,800 crore after receiving claims from manufacturers. This scheme, launched to support zero-emission vehicle production, has faced challenges including localization requirements and delays in disbursal.
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