<ul data-eligibleForWebStory="false"><li>The Indian government has spent ₹29,576 crore until March on the Auto Production Linked Incentive (PLI) scheme, which constitutes 70% of the total investment outlay of ₹42,500 crore projected for five years.</li><li>The Ministry of Heavy Industries (MHI) has disbursed ₹322 crore in incentives by March 31, slightly below the projection of ₹336 crore, with the FY26 budget estimate being reduced to ₹336 crore from ₹3,150 crore the previous year.</li><li>Major companies such as Tata Motors, Mahindra & Mahindra, Ola Electric, Toyota Kirloskar Motor, and others have received approvals for incentives under the PLI scheme designed to boost manufacturing of advanced automotive technology products.</li><li>The PLI-Auto scheme, launched in September 2021 with a budget of ₹25,938 crore over five years, aims to promote domestic and global supply chains for advanced automotive technology products, specifically zero-emission vehicles like battery electric and hydrogen fuel cell vehicles.</li></ul>

Centre has spent ₹29,576 crore until March on Auto PLI: MHI

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