PLI Auto Scheme Creates Jobs, Rs 29.6B Spent So Far

18 Jul 2025 CW Team

The central government has spent Rs 29.6 billion (approx. USD 355 million) under the Production Linked Incentive (PLI) scheme for the automotive sector as of March 2025, generating over 44,987 job opportunities across the auto value chain, according to the Ministry of Heavy Industries (MHI).

This spending accounts for 70 per cent of the Rs 42.5 billion (approx. USD 510 million) total investment outlay projected for the five-year scheme. Of this, Rs 322 million in incentives has been disbursed till 31 March, against a projection of Rs 336 million. The budget estimate for FY26 was sharply cut from Rs 3.15 billion to Rs 336 million.

Approved beneficiaries of the scheme include Tata Motors, Mahindra & Mahindra, Ola Electric, Toyota Kirloskar Motor, Bajaj Auto, TVS Motor Company, Bosch Automotive Electronics India, Delphi-TVS Technologies, Sona BLW Precision Forgings, and Uno Minda.

H.D. Kumaraswamy, Minister for Heavy Industries and Steel, who chaired the review, affirmed the government’s commitment to conducting industry workshops, accelerating claim disbursals, and supporting stakeholders to build a globally competitive and self-reliant automotive sector.

The scheme, launched in September 2021 with a budget outlay of Rs 25.9 billion over five years (FY22–23 to FY26–27), promotes domestic manufacturing of advanced automotive technology (AAT) products and deep localisation.

It particularly focuses on zero-emission vehicles (ZEVs) such as battery electric vehicles (BEVs) and hydrogen fuel cell vehicles. The incentives apply from FY22–23 to FY26–27, with disbursals occurring from FY23–24 to FY27–28.

The scheme is split into two tracks: the Champion OEM Incentive Scheme and the Component Champion Incentive Scheme, targeting a broad base of players in India’s automotive manufacturing ecosystem.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..