New Delhi, March 26 -- Bengaluru-based Toyota Kirloskar Auto Parts Pvt Ltd has become the first component manufacturer and the fourth overall company to receive incentives under the production-linked scheme for automobiles and auto components, as per the ministry of heavy industry on Wednesday.
The ministry posted an infographic on its official handle on X about the PLI Auto scheme, and mentioned Toyota Kirloskar Auto Parts (TKAP) alongside Tata Motors Ltd, Mahindra & Mahindra Ltd, and Ola Electric Technologies Ltd, all entities which have received PLIs under the Rs.25,938-crore scheme to promote domestic auto manufacturing.
Mint reached out to TKAP for confirmation and more details, and the response was awaited.
The ministry's infogra...
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