PLI auto payouts may double in FY27 despite slow rollout
The government expects PLI Auto payouts to reach Rs 4,700 crore in FY27, more than double the Rs 2,000 crore disbursed in FY26, as the scheme matures and auto sales hit record…
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MHI gets 14-15 bids under rare-earth magnet scheme, PLI crosses Rs 45,000 crore
The Ministry of Heavy Industries has received 14-15 applications from domestic and international companies under its scheme to manufacture sintered rare-earth permanent magnets in India. Production from the Rs 7,280 crore scheme…
