Question

What is the objective of the Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components introduced by the Ministry of Heavy Industries?

A Promoting renewable energy sources Correct Answer Incorrect Answer
B Boosting local production of Advanced Automotive Technology (AAT) products Correct Answer Incorrect Answer
C Supporting traditional handicrafts and handloom industries Correct Answer Incorrect Answer
D Encouraging space exploration initiatives Correct Answer Incorrect Answer
E Strengthening the pharmaceutical manufacturing sector Correct Answer Incorrect Answer

Solution

The PLI Scheme for Automobiles and Auto Components aims to boost local production of Advanced Automotive Technology (AAT) products and attract investments in the automotive manufacturing value chain.

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