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 Capabilities for Advanced Automotive Products.
Central Government | subsidy | business
Percentage-based incentives on determined sales value ranging from 8% to 16% with additional bonuses for high cumulative sales and electric/hydrogen vehicle components
Administered by Ministry of Heavy Industries
Eligible categories: General
View youth opportunity scorecards for all states
Find more government schemes for youth
Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.