Tag: PLI Scheme
Emobility Two Wheelers

Ola Electric Secures ₹95.81 Crore PLI-Auto Incentive 

Ola Electric has received a sanction order from the Ministry of Heavy Industries, Government of India, for the release of incentives amounting to ₹95.81 Crore (₹95,80,91,273) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme).  The sanction pertains to the Demand Incentive under the PLI-Auto Scheme for FY 2026-27, and authorises the payment to […]
Parts & Components

Toyota Kirloskar Auto Parts Qualifies for Incentive Under PLI Scheme

Toyota Kirloskar Auto Parts Pvt Ltd (TKAP), a part of Toyota Group of companies, has announced that it has received the Domestic Value Addition (DVA) Certificate for xEV Transaxle (e-Drive) under the Production Linked Incentive (PLI) Scheme for Advanced Automotive Technology (AAT) products. This development renders TKAP eligible to avail incentives under the Scheme. TKAP’s […]