Global Trade Alert
Global Trade Alert

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

Announcement

31 Dec 2025

In December 2025, the Ministry of Heavy Industries in India announced that several automotive manufacturers received production-linked incentives under the Champion OEM Incentive scheme. These incentives support the domestic production of battery electric and hydrogen fuel cell vehicles.

Source

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Number of interventions

7

7 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2025

Revocation date:

No revocation date

Announced: 31 Dec 2025
Production subsidy In force
On 31 December 2025, India's Ministry of Heavy Industries announced that Mahindra & Mahindra Ltd received an incentive of INR 283.82 crore (USD 31.61 million) for the financial year 2025-2026. The...
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Announced: 31 Dec 2025
Production subsidy In force
On 31 December 2025, India's Ministry of Heavy Industries announced that Bajaj Auto Ltd received an incentive of INR 625.65 crore (USD 69.70 million) for the financial year 2025-2026. The incentive ha...
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Announced: 31 Dec 2025
Production subsidy In force
On 31 December 2025, India's Ministry of Heavy Industries announced that TVS Motor Co received an incentive of INR 320.51 crore (USD 35.70 million) for the financial year 2025-2026. The incentive has ...
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Announced: 31 Dec 2025
Production subsidy In force
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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Announced: 31 Dec 2025
Production subsidy In force
On 31 December 2025, India's Ministry of Heavy Industries announced that Tata Motors Ltd received an incentive of INR 403.18 crore (USD 44.91 million) for the financial year 2025-2026. The incentive h...
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Implementation date

31 Mar 2025

Revocation date:

No revocation date

Announced: 31 Dec 2025
Production subsidy In force
On 31 December 2025, India's Ministry of Heavy Industries announced that Mahindra & Mahindra Ltd received an incentive of INR 104.08 crore (USD 12.18 million) for the financial year 2024-2025. The...
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Announced: 31 Dec 2025
Production subsidy In force
On 31 December 2025, India's Ministry of Heavy Industries announced that Tata Motors Ltd received an incentive of INR 142.13 crore (USD 16.64 million) for the financial year 2024-2025. The incentive h...
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