Ministry of Heavy Industries is implementing Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry (PLI-Auto Scheme).
For PLI-Auto Scheme, FY 2024-25 is the first incentive disbursement year. The incentive slab under this scheme for Champion OEM and Component Champion is at Annexure-I.
There are 10 approved applicants with 12 manufacturing locations in the state of Gujarat under PLI-Auto Scheme of the Ministry of Heavy Industries. The details of the manufacturing locations are at Annexure-II. The tenure of PLI-Auto Scheme was extended by one year through Gazette Notifications no. SO 5486(E) & SO 5487(E) dated 29.12.2023. Therefore, FY 2024-25 is the first incentive disbursement year for PLI-Auto Scheme.
MG/PD/SK
ANNEXURE-I
Table 1: Incentive Slabs for Champion OEM and New Non-Automotive (OEM) Investor Company
| Determined Sales Value (in ₹ Crore) | Incentives
(%age of Determined Sales Value) |
| <= 2,000 | 13% |
| > 2,000 to 3,000 | 14% |
| > 3,000 to 4,000 | 15% |
| > 4,000 | 16% |
| Cumulative Determined Sales Value of ₹10,000 Crores over 5 years. | Additional 2% |
Table 2: Incentive slab for Component Champion and New Non-Automotive Component) Investor company
| Determined Sales Value (in ₹ Crore) | Incentives
(%age of Determined Sales Value) |
| <= 250 | 8%* |
| > 250 to 500 | 9%* |
| > 500 to 750 | 10%* |
| > 750 | 11%* |
| Cumulative Determined Sales Value of ₹1,250 Crores over 5 years. | Additional 2% |
| Battery Electric vehicles & Hydrogen fuel cell vehicles components.
|
Additional 5% |
*Multiplied by a factor of 0.9 in the fifth year for eligible sales relating to Internal Combustion Engine (ICE) vehicle components.
ANNEXURE-II
| Name of the Applicant Company | Name of Manufacturing Location | City/ District | |
| 1 | Aisin Automotive Haryana Private Ltd | Aisin Automotive Haryana Private Ltd | AHMEDABAD |
| 2 | Aisin Automotive Haryana Private Ltd | Aisin Automotive Haryana Private Ltd | AHMEDABAD |
| 3 | Asahi India Glass Ltd | Asahi India Glass Ltd | PATAN |
| 4 | Lumax Auto Technologies Limited | LumaxMannoh Allied Technologies Limited | SURENDRA NAGAR |
| 5 | Minda Corporation Limited | MindaInfac Private Limited | SURENDRA NAGAR |
| 6 | Mitsubishi Electric Automotive India Private Limited | Mitsubishi Electric Automotive India Private Limited | AHMEDABAD |
| 7 | Rockman Industries Limited | Rockman Industries Limited | VADODARA |
| 8 | Suzuki Motor Gujarat Private Limited | Suzuki Motor Gujarat Private Limited | AHMEDABAD |
| 9 | Tata Motors Limited | Tata Motors Passenger Vehicles Limited | AHMEDABAD |
| 10 | Tata Motors Limited | Tata Passenger Electric Mobility Limited | AHMEDABAD |
| 11 | Valeo India Private Limited | Valeo India Private Limited | AHMEDABAD |
| 12 | Yazaki India Private Limited | Yazaki India Private Limited | AHMEDABAD |
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