Last week 20 companies, including large ones like Tata Motors, Suzuki Motor Gujarat, Mahindra & Mahindra, Hyundai and Kia Motors were slected under the Production Linked Incentive (PLI) scheme for the automobile industry. In this interview with Arindam Majumder, Arun Goel, secretary at Heavy Industries Ministry which conceptualised the scheme breaks down the nitty-gritty of the process. Edited excerpts:
What were the criteria based on which the companies were shortlisted?
There are different criteria for different categories--four-wheelers, two- and three-wheelers, new-age vehicles. So whoever has fulfilled those criteria were shortlisted. This was not a process of elimination. It was a very transparently-run process.