PLI Auto Scheme Soars: ₹35,657 Cr Investment, ₹2,321 Cr Incentives Boost India's EV Future

• PLI Auto scheme drives ₹35,657 crore investment and disburses ₹2,321.94 crore in incentives by Dec 31, 2025, boosting advanced automotive technology.
• The scheme, with a ₹25,938 crore outlay, covers a five-year performance period from FY2023–24 to FY2027–28.
• Major OEMs like Tata Motors, Bajaj Auto, Mahindra & Mahindra, TVS Motor, and Ola Electric received incentives.
• Incentives supported 13,61,488 electric vehicles, including 10.42 lakh 2-wheelers and 2.38 lakh 3-wheelers.
• Achieved ₹32,879 crore in sales and generated 48,974 jobs, progressing towards Atmanirbhar Bharat goals.

Why It Matters: PLI Auto scheme significantly propels India's advanced automotive manufacturing and EV adoption.