Govt sops come and go; cash-burn businesses is not the way ahead: Rajiv Bajaj

Govt sops come and go; cash-burn businesses is not the way ahead: Rajiv Bajaj

Related - Government approves PLI scheme for auto and drone sector, offers incentive worth Rs 26,058 crore - Rs 26,000-crore PLI scheme to steer automotive sector towards electric, hybrid and fuel cell vehicles - PLI scheme to promote investment in new age auto tech, says ACMA I am told that what we have now is not really a PLI scheme as in a production linked incentive scheme. What we have now is the TLI scheme, a technology linked incentive scheme and I cannot put my mind around this. One has seen so many advances take place simply on the merit of strategy and technology and quality. Why suddenly is it felt that there is a need to incentivise and subsidise the development of technology? Rajiv Bajaj, MD, ET Now. The …
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