Archive · 2 Jan 2026

Rs 35,657 crore invested under PLI Auto

Rs 35,657 crore invested under PLI Auto

The Indian government has announced that ₹35,657 crore has been invested under the Production Linked Incentive (PLI) scheme for the automobile sector.

This is close to the projected ₹42,500 crore.

However, only ₹2,321 crore has been given out as incentives so far.

The government plans to take action against 10 companies that did not invest any money and will use their bank guarantees.

Six companies, like Tata Motors and Mahindra, have already received incentives.

The scheme encourages companies to make products in India and has certified many vehicle models and components for meeting local value addition requirements.

Sources