• What are the Growth Opportunities Arising from India’s Automotive Manufacturing Policy Thrust?


    The Indian government has long emphasized its vision of the Make in India policy, aiming to boost India's manufacturing capabilities and promote self-reliance.

    • How has the implementation of the automotive production-linked incentive (PLI) scheme in India affected the domestic production and supply of battery electric vehicles and auto components?

    • What are the projected economic outcomes of the automotive PLI scheme in terms of output, employment generation, wage growth, and consumer spending?

    • What are the potential implications of the automotive PLI scheme on the realignment of global supply chains and the attraction of new investments in the Indian manufacturing sector?

    • How do the direct, indirect, and induced effects of the automotive PLI scheme contribute to the overall multiplier effect on the Indian economy?

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