NEW DELHI, Jan. 12 -- The Union ministry of heavy industries (MHI) is considering including electric vehicle (EV) startups in its flagship production-linked incentive (PLI) scheme for automobile and auto component industry following a nudge from the Prime Minister's Office (PMO), three people aware of the matter said.
The ministry of heavy industries, the nodal agency for the PLI scheme, has sought inputs from auto industry body Society of Indian Automobile Manufacturers (Siam) on including companies such as Ather Energy, River Mobility and Euler Motors in the Rs.25,938-crore programme, which received the Union cabinet's approval in 2021. These companies either hadn't started operations when the scheme was being finalized or did not not ...
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