The Ministry of Heavy Industry, chaired by Union Minister Mahendra Nath Pandey, is set to review the Production Linked Incentives (PLI) scheme for the auto industry. The review conference aims to assess the performance of the scheme and address concerns and challenges by bringing together stakeholders including PLI-Auto applicants, Test Agencies, and others. The PLI scheme for Automobile & Auto Components, part of various flagship programs in the automotive sector, is expected to contribute to the growth of the Indian automotive industry, potentially ranking it as the world’s third-largest by 2030. The ministry acknowledges the importance of PLI applicants and their role in achieving deep localization and advanced automotive technology development.
Ministry of Heavy Industry to Review Production Linked Incentives (PLI) Scheme for Auto Industry
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2023/08/29093009/Mahendra-Nath-Pandey-pti-660.jpg)