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Automobiles

India’s PLI schemes have generated over ₹16.5 lakh crore in production and sales and created 12 lakh jobs, Union Minister Piyush Goyal said.

The government has released ₹1,596 crore under its Production-Linked Incentive (PLI) schemes for six sectors from April to September this fiscal year, an official confirmed.

The Indian stock market opened the week down, facing selling pressure in sectors like automobiles, IT, and FMCG.