Indian Automobile PLI Plan： Leading investment boom

Since its launch, India's PLI plan has attracted a large number of operators to invest, and the total amount has reached 676.9 billion rupees (about 8.14 billion US dollars), far exceeding the original setting of 425 billion rupees.Kanpur Stock

The plan aims to promote the manufacture of advanced automotive technology in India and has achieved remarkable results.According to reports, 130.37 billion rupees have been reported to inject the plan, which is expected to create 148,000 employment opportunities.Among them, more than 28,500 positions have been implemented.Ahmedabad Stock

Mahendra Nath Pandey, Minister of Heavy Industry (MHI), said at the conference that MHI fully promoted the Prime Minister Modi's policy to achieve India's independence and self -reliance.He emphasized the importance of realizing the vision of net zero carbon emissions, and called on the automotive industry leaders to work together to make India a world manufacturing center.Kanpur Investment

In order to promote the environmental protection manufacturing of the automotive industry, MHI has launched a number of measures, including automobile PLI, advanced chemical PLI, hybrid oil and electricity mixed, and the second phase of subsidy plans (Fame-II) of pure electric vehicle manufacturing.The focus of these plans is to develop zero -carbon emissions vehicles and create a powerful innovation ecosystem to reduce Indian carbon footprints.Jinnai Wealth Management

In general, India's PLI plans to achieve remarkable results in attracting investment and supporting the development of the local automobile industry.Through the government's support and the active participation of the industry, India is expected to occupy a more important position in the global auto market.