
Business Update3 May 2024, 06:25 pm
Pitti Engineering Ltd Receives Revised Industrial Incentive of Rs. 16865.05 lakhs from Maharashtra Government
AI Summary
According to a recent update from Pitti Engineering Ltd, the Maharashtra Government has revised the industrial incentive under the Package Scheme of Incentives (PSI) 2013 for the period 1st January 2019 to 31st January 2022. The revised Industrial Promotion Subsidy (IPS) amount is now Rs. 16865.05 lakhs, which is an increase from the previously stated Rs. 10360.52 lakhs.
Key Highlights
- Pitti Engineering Ltd secures revised industrial incentive under PSI 2013
- Maharashtra Government approves increased incentive of Rs. 16865.05 lakhs
- IPS for Pitti Engineering Ltd was previously Rs. 10360.52 lakhs