New Delhi: Ministry of Heavy Industries (MHI) is organizing a conference on “Review of PLI-Auto Scheme – Excellence through Aatmanirbharta” on Tuesday at India Habitat Centre.
The conference will be chaired by Mahendra Nath Pandey, Union Minister for Heavy Industries. The event aims to bring together stakeholders like the PLI-Auto applicants, PMA, Test Agencies etc. to review the performance of the scheme, to share their knowledge and experiences and address all concerns and challenges. The event shall have special focus on understanding the opportunities available through this scheme.
MHI has taken various initiatives to promote cleaner mobility and develop an ecosystem of innovation and technology. In the automotive sector, the Ministry has launched various flagship programs, one of which is PLI scheme for Automobile and Auto Components with an outlay of INR 25,938 crore.
The cascading effect of these schemes will lead to the growth of automotive industry and it is poised that the Indian automotive industry will rank number three in the world by 2030. MHI considers the PLI-Auto applicants of Automotive Industry as one of the crucial stakeholders of scheme. MHI is committed to supporting the industry to fulfil the vision “Excellence through Aatmanirbharta” . As per MHI, the goal of deep localization and development of Advanced Automotive Technology (AAT) Products within the country cannot be achieved without the support and growth of the Automotive Industry. The Union government is providing financial support as well as a conducive environment to nurture Innovation and Technology.
