Autoline Industries has received a credit of Rs 7.22 crore on December 3, 2012 towards Industrial Promotion Subsidy (being 85% of admissible IPS of Rs 8.49 crore for the financial year 2011-12) from Directorate of Industries, Government of Maharashtra for the financial year 2011-12.
Autoline Industries is a manufacturer of pressed sheet metal automotive components and assemblies, and is engaged in design engineering for automotive original equipment manufacturers (OEMs) based in India, the US and Europe.