The government of India has launched the scheme “Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry” in India to enhance India’s Manufacturing Cap...
The approved applicants will be entitled to receive incentives (% benefit) subject to meeting other conditions of the scheme:
**1. Incentive Slabs for Champion OEM and New Non-Automotive (OEM) Investor company:**
Determined Sales Value (in ₹ Crore)Incentives (%age of Determined Sales Value)<= 2,00013%> 2,000 to 3,00014%> 3,000 to 4,00015%> 4,000 16%Cumulative Determined Sales Value of ₹10,000 Crore over 5 years Additional 2%**2. Incentive slab for Component Champion and New Non-Automotive (Component) Investor Company:**
Determined Sales Value (in ₹ Crore)Incentives (%age of Determined Sales Value)<= 2508%*> 250 to 500 9%*> 500 to 75010%*> 75011%*Cumulative Determined Sales Value of ₹1,250 Crore over 5 years.Additional 2%Battery Electric vehicles & Hydrogen fuel cell vehicles componentsAdditional 5%*Multiplied by a factor of 0.9 in the fifth year for eligible sales relating to Internal Combustion Engine (ICE) vehicle components.
The applicant company or its Group company(ies) will need to meet the following common criteria to qualify and receive benefits under the Scheme:
**Basic Eligibility Criteria:**
**1. For a company or its Group company(ies) with an existing presence in India or globally in the Automotive vehicle and components manufacturing business:**
E**ligibility Criteria****Auto OEM** **Auto-Component**Global group* Revenue (from automotive and/or auto component manufacturing)Minimum ₹ 10,000 croreMinimum ₹ 500 croreInvestmentGlobal Investment of Company or its Group* Company(ies) in fixed assets (gross block) of ₹ 3,000 crores.Global Investment of Company or its Group* Company(ies) in fixed assets (gross block) of ₹150 crores.*Group Company(ies) shall mean two or more enterprises which, directly or indirectly, are in a position to:
Exercise twenty-six percent or more of voting rights in the other enterprise;
Or
Appoint more than fifty percent of members of the Board of Directors in the other enterprise (As defined in the FDI Policy Circular of 2020).
**Eligibility Criteria****New Non-Automotive investor company or its Group company(ies) (who are currently not in the automobile or auto component manufacturing business)**Global net worth₹ 1000 crore based on audited financial statements for the year ending March 31, 2021.Committed investment in India over five year periodAs per Minimum New Domestic Investment Conditions mentioned below.
**3. Minimum New Domestic Investment Conditions: Cumulative New Domestic Investment Condition of Performance (₹.Crore)**
Cumulative new domestic investment to be achievedChampion OEM (Except 2W & 3W)Champion OEM 2W &
The applicant company or its Group company(ies) will need to meet the following common criteria to qualify and receive benefits under the Scheme: **Basic Eligibility Criteria:** **1. For a company or its Group company(ies) with an existing presence in India or globally in the Automotive ve...
The approved applicants will be entitled to receive incentives (% benefit) subject to meeting other conditions of the scheme: **1. Incentive Slabs for Champion OEM and New Non-Automotive (OEM) Investor company:** Determined Sales Value (in ₹ Crore)Incentives (%age of Determined Sales Value...
**Online** The window for receiving applications through the Notice Inviting Applications will be for a period of 60 days. **Step 01:** The applicant companies are required to submit an application along with financial & supporting documents. **Step 02:** All applications will be s...
Last updated: 08 Aug 2026