Business Update23 Feb 2024, 01:16 am
Sona Comstar Receives PLI Certification for Electric Two-Wheeler Traction Motor
AI Summary
Sona BLW Precision Forgings Ltd has received certification for its hub wheel drive motor for electric two-wheelers under the Production-Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India. This is the first PLI certification for an automotive component manufacturer in India.,
Key Highlights
- First automotive component company to receive PLI certification
- Received certification for hub wheel drive motor for electric two-wheelers
- Leading manufacturer of EV traction motors in India
- Committed to innovating and offering cutting-edge technologies