Home India Ministry of Heavy Industries PLI Scheme Achieves Major Milestones with ₹35,657 Cr Investm...
Date: 2025-12-31 Category: Press Release State: Union Government Country: India

PLI Scheme Achieves Major Milestones with ₹35,657 Cr Investment and ₹2,321.94 Cr Incentives Disbursed

Issued by Ministry of Heavy Industries · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document provides an update on the Production Linked Incentives-Auto Scheme (PLI-Auto), which aims to enhance India's manufacturing capabilities in Advanced Automotive Technology (AAT) products. As of December 31, 2025, the scheme has achieved ₹35,657 crore in investment and disbursed ₹2,321.94 crore in incentives. The scheme covers a five-year performance period from FY 2023-24 to FY 2027-28. **Key Points / Main Content** * **Scheme Overview** * The PLI-Auto scheme incentivizes products achieving a minimum of 50% Domestic Value Addition (DVA). * Cumulative investment reached ₹35,657 crore and cumulative determined sales reached ₹32,879 crore by 30/09/2025. * 48,974 employment has been generated. * **Incentive Disbursement** * For FY 2023-24, ₹322 crore was disbursed to four approved applicants. * As of date (31/12/2025), ₹1,999.94 crore has been disbursed for the performance year 2024-25 to five approved applicants. * Cumulative incentive of ₹2,321.94 crore has been disbursed. * **Units Incentivized** * Incentives provided for 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). * **DVA Certification** * Eight Champion OEM applicants received DVA certification for 94 variants. * Ten Component Champion applicants received DVA certification for 37 variants. **Impact Analysis** **PLI Auto Applicants** * **Impact**: PLI Auto applicants will realize Hon'ble PM's vision for AtmaNirbhar Bharat, and will receive incentives. * **Action Required**: Applicants should adhere to the minimum DVA requirement of 50% to be eligible for the incentives. Applicants also need to ensure they are following sales requirements in order to be incentivized.

Key Entities Referenced

Production Linked Incentives-Auto Scheme (PLI Auto): A scheme introduced to enhance India's manufacturing capabilities in Advanced Automotive Technology (AAT) products with a budgetary outlay of INR 25,938 crore and covers the period from FY 2023-24 to FY 2027-28. Ministry of Heavy Industries: The ministry overseeing the implementation of the PLI-Auto Scheme.
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Ministry of Heavy Industries PLI Scheme Achieves Major Milestones with ₹35,657 Cr Investment and ₹2,321.94 Cr Incentives Disbursed प्रव तथ: 31 DEC 2025 3:52PM by PIB Delhi Production Linked Incentives–Auto Scheme(PLI Auto) has been introduced in India to enhance the country’s manufacturing capabilities in Advanced Automotive Technology (AAT) products. The scheme has a total budgetary outlay of INR 25,938 crore and covers a performance period of five years, from FY 2023– 24 to FY 2027–28. Under the PLI–Auto Scheme, FY 2023–24 was the first performance year, and an amount of ₹322 crore was disbursed to four (4) approved applicants in FY 2024–25 (Table 1 of Annexure). As of date, for the performance year 2024–25, a total amount of ₹1,999.94 crore has been disbursed for five (5) approved applicants. 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) (Table 2 of Annexure). 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 ten (10) applicants under the Component Champion category have received DVA certification for 37 variants (Table 3 & 4 of Annexure). PLI Auto applicants are committed towards realizing Hon’ble PM’s vision for AtmaNirbhar Bharat. Under the scheme, cumulative investment of ₹35,657 crore and cumulative determined sales of ₹32,879 crore has been achieved till 30/09/2025. Further, employment of 48,974 number has been generated. Cumulative incentive of ₹2,321.94 crore has been disbursed as on 31/12/2025 (Table 5 of Annexure). Annexure Table 1. Incentive Status (₹ crore) # Name of Applicant Category Incentive Incentive Disbursed in Disbursed in FY2025-26 FY2024-25 1 Tata Motors Ltd. OEM 142.13 403.18 2 Bajaj Auto Ltd. OEM - 625.653 Mahindra & Mahindra Ltd. OEM 104.08 283.82 4 TVS Motor Co. OEM - 320.51 5 Ola Electric Tech OEM 73.74 366.78 6 Toyota Kirloskar Auto Parts Component 2.05 - Pvt. Ltd. Total 322 1,999.94 Table 2. Units Incentivised Category of Units Incentivised Units Incentivised Total Units Vehicle Incentivised (Sales for FY2023-24) (Sales for FY2024-25) e-2w 41,758 10,00,414 10,42,172 e-3w 23,486 2,14,899 2,38,385 e-4w 11,314 68,226 79,540 e-bus 280 1,111 1,391 Total 76,838 12,84,650 13,61,488 Table 3: DVA Status: Champion OEM S. No. Vehicle Company Vehicle Model/Variant No. of Variants 1 Mahindra & Mahindra Ltd. Treo, Treo Zor, Zor Grand & Zeo 22 V1, XEV 9e One, Udo ST 2 Tata Motors Ltd. Tiago, Punch, Tigor, Nexon.EV, 20 Ace & Starbus/ Ultra Urban, Tata Harrier.EV 3 Bajaj Auto Ltd. Maxima Cargo, RE E-Tec 9.0 & 25 Chetak, Gogo 4 TVS Motor Company Ltd. iQube/ Orbiter, King ep4 8S. No. Vehicle Company Vehicle Model/Variant No. of Variants 5 Ola Electric Technologies Pvt. S1 Air/ Pro/ X/X+/Pro+ 12 Ltd. 6 Eicher Motors Ltd. Skyline Pro/ Pro X 3 7 Pinnacle Mobility Solutions EKA T1/ T2 900 (bus) 3 Pvt. Ltd 8 Hero Motocorp Ltd. VIDA V2 pro 1 Total 94 Table 4: DVA Status: Component Champion S. No. Component Company Component name No. of Variants 1 Toyota Kirloskar Auto Parts Trans-axle 2 2 Delphi-TVS Technologies Pump for CRDI 7 3 Sona BLW Precision Forgings Wheel rim integrated with Hub 11 Motor & Traction Motor 4 Bosch Automotive Electronics Wheel rim integrated with Hub 2 India Pvt. Ltd. Motor 5 Dana TM4 India Pvt. Ltd. Traction Motor 1 6 Tata Autocomp Systems Limited Dual Clutch Transmission 1 7 UNO Minda Limited (Formerly- Angle Encoder/ On-board Chargers 4 Minda Industries Limited) 8 Varroc Engineering Private Engine Management System 7 Limited 9 Napino Auto and Electronics Engine Management System 1 Limited 10 Cummins Technologies India Urea Dosing and Supply Module 1 Pvt. Ltd. for BS VIS. No. Component Company Component name No. of Variants Total 37 Table 5: Scheme Performance as on 30/09/2025 Parameter Projected for 5 Years Actual (Cumulative) (Cabinet Projection) till Sep’25 Investment ₹ 42,500 crore ₹ 35,657 crore Incremental Sales (Base Year ₹ 2,31,500 crore ₹ 32,879 crore FY2019-20) Employment 1,48,147 48,974 Incentive Disbursement ₹25,938 crore ₹2,321.94 crore* * Cumulative incentive amount disbursed as of 31st December 2025. ******* TPJ (रलीज़ आईडी: 2210127) आगंतुक पटल : 761 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही

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