Podcast
Questions and Answers
What is the main objective of the PLI Scheme for Automobiles and Auto Components?
What is the main objective of the PLI Scheme for Automobiles and Auto Components?
- To decrease the production of electric and hydrogen-powered vehicles
- To reduce the budgetary outlay for automobile manufacturing
- To encourage imports of advanced automotive technology products
- To boost domestic manufacturing of advanced automotive technology products and attract investments in the automotive manufacturing value chain (correct)
Which year was the PLI Scheme for Automobiles and Auto Components launched?
Which year was the PLI Scheme for Automobiles and Auto Components launched?
- 2020
- 2019
- 2021 (correct)
- 2022
What is the tenure of the PLI Scheme for Automobiles and Auto Components extended by?
What is the tenure of the PLI Scheme for Automobiles and Auto Components extended by?
- 2 years
- 6 months
- 1 year (correct)
- 3 years
When will the disbursement of the incentive under the PLI Scheme take place?
When will the disbursement of the incentive under the PLI Scheme take place?
What is the budgetary outlay for the PLI Scheme for Automobiles and Auto Components?
What is the budgetary outlay for the PLI Scheme for Automobiles and Auto Components?
Which type of vehicles does the Champion OEM part of the Scheme focus on?
Which type of vehicles does the Champion OEM part of the Scheme focus on?
What is the maximum financial year limit until which an approved company can receive benefits under the PLI Scheme?
What is the maximum financial year limit until which an approved company can receive benefits under the PLI Scheme?
What happens if an approved company fails to meet the threshold for an increase in sales in the first year?
What happens if an approved company fails to meet the threshold for an increase in sales in the first year?
What is one of the main objectives of the PLI Scheme for Auto Components?
What is one of the main objectives of the PLI Scheme for Auto Components?
Which part of the PLI Scheme focuses on high-value and high-tech components?
Which part of the PLI Scheme focuses on high-value and high-tech components?
How many consecutive financial years will the incentive be applicable under the PLI Scheme starting from FY 2023-24?
How many consecutive financial years will the incentive be applicable under the PLI Scheme starting from FY 2023-24?
Who are eligible beneficiaries under the PLI Scheme for Automobiles and Auto Components?
Who are eligible beneficiaries under the PLI Scheme for Automobiles and Auto Components?
The Ministry of Heavy Industries has made following announcements with respect to Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components Extended the tenure of the Scheme by 1 ____.
The Ministry of Heavy Industries has made following announcements with respect to Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components Extended the tenure of the Scheme by 1 ____.
The PLI Scheme for Automobiles and Auto Components aims to boost domestic manufacturing of advanced automotive technology (AAT) products and attract investments in the automotive manufacturing value ____.
The PLI Scheme for Automobiles and Auto Components aims to boost domestic manufacturing of advanced automotive technology (AAT) products and attract investments in the automotive manufacturing value ____.
The Champion OEM part of the Scheme is for ____ or hydrogen-powered vehicles.
The Champion OEM part of the Scheme is for ____ or hydrogen-powered vehicles.
The budgetary outlay for the PLI Scheme for Automobiles and Auto Components is Rs. ____ crores.
The budgetary outlay for the PLI Scheme for Automobiles and Auto Components is Rs. ____ crores.
The incentive under the PLI Scheme will be applicable for 5 consecutive financial years, starting from the FY ____.
The incentive under the PLI Scheme will be applicable for 5 consecutive financial years, starting from the FY ____.
If an approved company fails to meet the threshold for an increase in sales in the first year, it will not receive any incentive for that ____.
If an approved company fails to meet the threshold for an increase in sales in the first year, it will not receive any incentive for that ____.
The approved applicant will be eligible for benefits for 5 consecutive financial years, but not beyond the FY ending on March 31, ____.
The approved applicant will be eligible for benefits for 5 consecutive financial years, but not beyond the FY ending on March 31, ____.
The main objective of the PLI Scheme for Automobiles and Auto Components is to create economies of scale and build robust supply chain in areas of advanced automotive technology ____.
The main objective of the PLI Scheme for Automobiles and Auto Components is to create economies of scale and build robust supply chain in areas of advanced automotive technology ____.
