Under the production-linked incentive (PLI) plan for automobiles, the Union Government introduced more than 100 modern technologies.
Highlights:
For safety, the programme will now include Bharat Stage VI compliant flex-fuel engines, advanced driver assists systems, e-quadricycles, and electronic control units (ECU).
Previously, the government had only included two-wheelers and four-wheelers in the PLI scheme.
PLI Scheme For Automobiles
In September 2021, the authorised a PLI scheme for autos with a budget of Rs 25,938 crore.
This programme intends to encourage the auto Industry to invest in high-value advanced automotive technology vehicles and goods such as adaptive front lighting, sunroofs, tyre pressure monitoring systems, automatic braking, and collision warning systems.