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Home Manufacturing

Manufacturing: PLI-Auto handed out Rs.1,999.94cr

Fiinews by Fiinews
January 2, 2026
in Manufacturing
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Scheme wins cumulative investment of Rs.35,657cr

As of date, for the performance year 2024–25, a total amount of Rs.1,999.94 crore has been disbursed for five approved applicants under the Production Linked Incentives–Auto Scheme (PLI Auto) which has been introduced in to enhance India’s manufacturing capabilities in Advanced Automotive Technology (AAT) products https://www.commerce.gov.in/.

The scheme has a total budgetary outlay of Rs.25,938 crore and covers a performance period of five years, from FY 2023–24 to FY 2027–28 https://www.siam.in/ .

Under the scheme, incentives have been provided for a total of 10,42,172 units of electric two-wheelers (e-2W), 2,38,385 units of electric three-wheelers (e-3W), 79,540 units of electric four-wheelers (e-4W), and 1,391 electric buses (e-buses), the Ministry of Heavy Industries said on 31 Dec https://www.bseindia.com/.

PLI Auto scheme incentivises only those products which achieve Domestic Value Addition (DVA) of minimum 50%. As of date, eight (8) applicants under the Champion OEM category have received Domestic Value Addition (DVA) certification for 94 variants, while 10 applicants under the Component Champion category have received DVA certification for 37 variants.

Under the scheme, cumulative investment of Rs.35,657 crore and cumulative determined sales of Rs.32,879 crore has been achieved till 30 Sept 2025, the Ministry said in an update on the scheme https://www.nseindia.com/ .

Further, employment of 48,974 number has been generated. Cumulative incentive of Rs.2,321.94 crore has been disbursed as on 31 Dec 2025, it said. fiinews.com

Tags: Ministry of Heavy Industries
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