Sona BLW Precision Forgings Ltd. (Sona Comstar), a number one international supplier of automotive expertise options, stated on Tuesday that it has obtained PLI certification for its second hub wheel motor for electrical two-wheelers (E2Ws).
“The corporate has obtained certification for its second hub wheel motor for electrical two-wheelers below the Manufacturing-Linked Incentive (“PLI”) Scheme for Vehicle and Auto Part Business in India (“PLI-Auto”) from the Ministry of Heavy Industries,” the corporate disclosed in its regulatory submitting.
Sona Comstar obtained its second certificates on 2nd April 2024. The primary certificates was issued in February 2024, changing into the primary automotive element producer to obtain certification below the Auto Manufacturing Linked Incentive (PLI) scheme.
The corporate has filed seven purposes for various merchandise below the PLI scheme, and it has obtained the certification for its two merchandise until now. As a way to encourage the house manufacture of high-end, cutting-edge automotive expertise automobiles and merchandise, the federal government has launched the Auto PLI Scheme.