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India: Production Linked Incentive (PLI) Scheme for the Automobile Industry

Description

On 23 September 2021, the Indian Ministry of Heavy Industries notified the Champion OEM Incentive Scheme under the "Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry"...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2022

Revocation date

31 Mar 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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