Global Trade Alert
Global Trade Alert

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

Announcement

23 Sep 2021

India has announced a production linked incentive scheme for automobiles and their components.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2022

Revocation date:

31 Mar 2027

Announced: 23 Sep 2021
Production subsidy In force
On 23 September 2021, the Indian Ministry of Heavy Industries notified the Component Champion Incentive Scheme under the "Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Ind...
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Announced: 23 Sep 2021
Local content incentive In force
On 23 September 2021, the Indian Ministry of Heavy Industries notified a scheme that will provide production incentives on the local manufacture of automobiles and automobile components. In order to b...
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Announced: 23 Sep 2021
Production subsidy In force
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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