Government's PLI Scheme Explained

The Union Cabinet has finally approved the Rs. 26,000 crore production linked incentive (PLI) for the auto sector, benefitting both automakers and auto component manufacturers. The new scheme will aid the development of advanced technologies in a bid to make the Indian auto market competitive in the global arena both in terms of technologies and scale. Here is a explainer on how the PLI scheme is set to benefit the Indian auto sector.
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#NewCars #NewHatch #HotHach #Sedans #SUVs #Review #CarLover #SiddharthVinayakPatankar #ProductionLinkedIncentive #PLIScheme #PLI #AutoIndustry #AutoSector #DrivingPleasure #IndianAutoIndustry #AdvancedTechnoligies #ElectricVehicles #FuelCellVehicles #NewCars

[@ritwikbhattacharjee809]

Greatest Scheme for Automobile Sector and it's Beneficial

[@md.farooqpeerzade2717]

What about the end users, where the actual sales come from........
GST has to reduce from 28% to 18% at least for bellow 10 Lakh Ex showroom cost for 4 wheelers & bellow 2.5 Lakh ex showroom cost for 2 wheelers. And 12% GST on CNG Vehicles like 5% EV'S. ....

[@RajeshGupta-tw1fe]

Beautiful

[@LuvvSURYA]

Does Toyota Camry benefits from this?