
The government has disbursed approximately Rs 2,322 crore in incentives under the Auto PLI scheme for FY25 performance, with Rs 2,000 crore going to major vehicle manufacturers and component makers. The scheme, approved in 2021 with a Rs 25,938 crore outlay, has seen cumulative investments of Rs 35,657 crore and generated over 48,000 jobs. Officials also indicated that bank guarantees from 10 companies failing to invest will be invoked, while three new vehicle manufacturers and five component makers will join the scheme from FY27.
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