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Govt receives investment proposals worth Rs 75,000 crore under auto PLI Scheme: H D Kumaraswamy

December 21, 2024 12:45 PM

Overview

The scheme has helped create around 30,000 jobs in the country

Detail

Union heavy industries minister H D Kumaraswamy has said that the government has received investment proposals worth around Rs 75,000 crore under the auto Production Linked Incentive (PLI) Scheme of which close to Rs 18,000 crore has already been invested. He said the scheme has helped create around 30,000 jobs in the country.

The minister stated that in order to ensure continuous growth in electric mobility, the ministry is now focusing on charging infrastructure. He said ‘while developing the charging infrastructure, we are conscious that integrating this infrastructure with renewable energy sources is essential for maximising the environmental benefits of electric mobility.’

He noted that the government and the industry need to make dedicated efforts to help India achieve its sustainability goals while maintaining the desired growth path. He said ‘I can assure all of you that the government will continue to take initiatives to make the business ecosystem more industry-friendly.’