22/7/2024, 5:05:02 pm

Economic Survey 2024: Auto PLI schemes attract Rs 67k-crore investment

The Economic Survey 2023-24 reveals that the automobile and auto components sectors are crucial to India's economic growth, with the Production Linked Incentive (PLI) scheme attracting a proposed investment of Rs 67,690 crore, of which Rs 14,043 crore has been invested till March 2024. The PLI scheme has a budgetary outlay of Rs 25,938 crore from FY23 to FY27.