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India: Incentives approved under the PLI scheme for the Auto sector (December 2025)

Description

On 31 December 2025, India's Ministry of Heavy Industries announced that Ola Electric Tech received an incentive of INR 366.78 crore (USD 40.85 million) for the financial year 2025-2026. The incentive...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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