Central GovernmentVerified

Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry

Department: Department Of Heavy Industry

The scheme offers financial incentives to boost domestic manufacturing of Advanced Automotive Technology products and attract investments in the automotive manufacturing value chain.

Start date23 Sept 2021

Last verified7 days ago

Source: myScheme.gov.in ↗Last verified: 28 Sept 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

The scheme "Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry" by the Ministry of Heavy Industries, Government of India, aims to boost domestic manufacturing of advanced automotive technology products through providing financial incentives to automobile manufacturers and auto component manufacturers. It promotes investment, enhances manufacturing capabilities, and strengthens the automotive value chain. The scheme focuses on overcoming cost disabilities and creating economies of scale. It also aims to generate employment and develop a robust supply chain. The scheme has two components, namely: 1. Champion OEM Incentive Scheme and 1. Component Champion Incentive Scheme. > Tenure of the Scheme: Incentive will be applicable on Determined Sales Value starting from Financial Year 2023-24 for a total of five consecutive financial years i.e. till FY2027-28.

Benefits

₹25938.0 Cr

Financial Incentive (General):

Incentives are provided based on incremental sales (Determined Sales Value) of eligible products.
Total scheme outlay: ₹25,938 crore.
Total Incentive per entire Group company(ies) is capped at: ₹6,485 crore.

Champion OEM Incentive Scheme:

Incentive rates:
Up to ₹2,000 crore: 13%
₹2,000–₹3,000 crore:14%
₹3,000–₹4,000 crore: 15%
Above ₹4,000 crore: 16%
Additional 2% incentive on cumulative sales exceeding ₹10,000 crore.
Applicable to Battery Electric Vehicles and Hydrogen Fuel Cell Vehicles.

Component Champion Incentive Scheme:

Incentive rates:

Up to ₹250 crore: 8%
₹250–₹500 crore: 9%
₹500–₹750 crore: 10%
Above ₹750 crore: 11%

Additional 2% incentive on cumulative sales exceeding ₹1,250 crore.
Additional 5% incentive for EV and Hydrogen components.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

•
> 1. General Eligibility:
•
The applicant must be a company registered in India.
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The applicant must meet all eligibility criteria based on audited financial statements as on 31 March 2021.
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> 2. Existing Automotive Companies:
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The applicant must have:
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Minimum global revenue:
•
OEM → ₹10,000 crore
•
Component → ₹500 crore
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The applicant must have global investment in fixed assets:
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OEM → ₹3,000 crore
•
Component → ₹150 crore
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New Non-Automotive Investor Companies:
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The applicant must have minimum global net worth of ₹1,000 crore.
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The applicant must submit a clear business plan for investment in India.
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The applicant must generate revenue from advanced automotive products.
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The applicant must not have any revenue from automobile or component manufacturing as on 31 March 2021.
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Investment Conditions (All Components):
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The applicant must achieve cumulative domestic investment targets starting from 1 April 2021.
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The applicant must meet yearly investment milestones.
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Champion OEM Component Specific Eligibility:
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The applicant must manufacture advanced automotive technology vehicles.
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The applicant must ensure minimum 50% domestic value addition.
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The applicant must obtain product pre-approval from the testing agency.
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The applicant must achieve minimum sales threshold of ₹125 crore in first year.
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The applicant must achieve 10% year-on-year growth in sales.
•
Component Champion Specific Eligibility:
•
The applicant must manufacture advanced automotive components.
•
The applicant must ensure minimum 50% domestic value addition.
•
The applicant must obtain product pre-approval.
•
The applicant must achieve minimum sales threshold of ₹25 crore in first year.
•
The applicant must achieve 10% year-on-year growth.

Required Documents

✦
Certificate of Incorporation (Issued by ROC)
✦
Memorandum & Articles of Association (Submitted to ROC)
✦
PAN Card
✦
Import Export Code (IEC) Registration Certificate
✦
Letter of Authorization by Board of Directors or Managing Director or Equivalent (incl. subsidiary(ies))
✦
Certificate from the Company Secretary of the Applicant / Managing Director for Credit History (incl. subsidiary(ies))
✦
CIBIL Report of the Company (incl. subsidiary(ies))
✦
Business Profile/ Corporate Presentation of the Applicant (incl. subsidiary(ies))
✦
GST Registration Certificate (incl. subsidiary(ies))
✦
Shareholding Pattern (Latest submitted with ROC and certified by Company Secretary of the company or, in case the applicant does not have any Company Secretary', by the Managing Director) (incl. subsidiary(ies))
✦
Profile of Directors
✦
Self-Certification on:
✦
> EAMC - Global group revenue from automotive and/or auto component manufacturing and Global
✦
Investment in fixed assets (gross block), > NNIC - Global net worth, including break-up details, especially for major/ indian entities. Major products considered shall also be mentioned.
✦
Annual Report of Holding Company
✦
Self-Certification on Revenue/ Investment/ Net worth from each of the Group Companies whose credentials have been considered
✦
Annual Report of Applicant for 2018-19
✦
Annual Report of Applicant for 2019-20
✦
Annual Report of Applicant for 2020-21
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Financial Details of Subsidiary(ies)
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Annual Report of Subsidiary(ies) for 2018-19
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Annual Report of Subsidiary(ies) for 2019-20
✦
Annual Report of Subsidiary(ies) for 2020-21
✦
Self-Certificate mentioning Baseline Eligible Sales Value of Eligible products covered under the List of Advanced automotive technology products (Vehicles and Components) as per clause 15 of the scheme guidelines - for Financial Year 2019-20 -for applicant & subsidiary(ies).
✦
Project Report/ Business Plan (incl. for Subsidiary(ies))
✦
Application Fee Payment Proof
✦
Regulatory Treatment
✦
a. Provide information on Licenses, permits and thirdparty approvals necessary to execute the project as per format attached here with
✦
b. Proposed process and timelines for obtaining clearances Undertaking for consent of audit/ verification (incl. Subsidiary(ies))
✦
Integrity Undertaking (Format A)

✦ Required ◦ Optional

How to Apply

OOnline

Online application can be submitted through the official website (Please login with your CIN as user ID).

IIn-person

Step 1: The applicant must submit the application form through the prescribed process to the nodal agency.

Step 2: The applicant must ensure submission before the specified deadline.

Step 3: The application will be evaluated for eligibility and completeness.

Step 4: Acknowledgement will be issued after initial scrutiny.

Step 5: Final approval will be granted based on compliance with scheme conditions.

Step 6: Incentive claims will be submitted annually for disbursement.

Note: Documents should be uploaded on the portal: pliauto.in

Quick Info

Level: Central Government
Max benefit: ₹25938.0 Cr
Launched: 23 Sept 2021

Data Sources

https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 7 days ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 15 days ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 15 days ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 23 days ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 1 months ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 1 months ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 1 months ago
https://www.myscheme.gov.in/schemes/plisfaaci ↗Accessed 1 months ago