PLI-Auto investments cross Rs 44,000 crore; 463 EV charging stations operational in West Bengal: Govt

Mumbai, July 28 (IANS) The government's production linked incentive (PLI) scheme for the automobile and auto component industry has attracted investments of Rs 44,326 crore as of March 31, 2026, surpassing the target of Rs 42,500 crore set for March 2027, the Ministry of Heavy Industries said on Tuesday.

The ministry said the PLI Scheme for the automobile and auto component industry, approved on September 23, 2021, with a budgetary outlay of Rs 25,938 crore, aims to strengthen India's manufacturing capabilities for Advanced Automotive Technology (AAT) products.