New Delhi: A government-formed panel will look at requests from auto producers in search of quarterly incentive payouts and inclusion of extra parts underneath the production-linked incentive scheme, based on an official on Monday. “This yr, the motivation (underneath Auto PLI) can be given yearly however a committee has been shaped within the ministry that may look into the requests of OEMs (Unique Tools Producers).
“One of many requests is that sure (Superior Automotive Know-how) AAT parts be included. We’ve got solely 103 parts,” Extra Secretary within the Ministry of Heavy Industries Hanif Qureshi mentioned.
In January, Union Heavy Industries Minister Mahendra Nath Pandey instructed PTI that the federal government constituted a committee to look at the auto business’s demand for together with extra parts within the PLI scheme for car and auto parts.
The committee can be chaired by an Extra Secretary within the Ministry of Heavy Industries and may have 11 members, together with these from testing companies like ARAI and the auto business, Pandey had mentioned.
Qureshi mentioned 3-4 OEMs have given an inventory of some parts, in search of their inclusion within the scheme.
The committee will even look at requests in search of quarterly disbursal of incentive payouts underneath the PLI Auto scheme, as a substitute of annual incentive payouts at current, he added.
