Wednesday, December 31, 2025

PLI Auto scheme attracts investment of Rs 35,657 cr, sales of Rs 32,879 cr till September 2025: Govt

India's flagship PLI Auto scheme has secured Rs 35,657 crore in investment and generated 48,974 jobs. The government is set to invoke bank guarantees from ten companies that have made no investment. Incentives have been disbursed for electric two-wheelers, three-wheelers, four-wheelers, and buses. The scheme aims to boost domestic value addition in the automotive sector.

from Auto-Industry-Economic Times https://ift.tt/uAjK9f8

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