Manufacturing

Automotive & Auto Components

PLI for Advanced Automotive Technology products + auto components; major EV push via FAME II; FDI 100% automatic.

Highlights

PLI for Auto + Auto Components — total outlay ~₹25,938 crore over 5 years.
FAME II (Faster Adoption and Manufacturing of Electric Vehicles) — demand-side incentives for electric two-wheelers, three-wheelers, four-wheelers, and buses.
PLI for Advanced Chemistry Cell (ACC) battery storage — ₹18,100 crore for 50 GWh capacity.
Automotive Mission Plan 2026 — targets the sector at 12% of GDP and 65 million additional jobs.
India is the world's largest two-wheeler and tractor manufacturer.

FAME II
Demand-incentive scheme for electric vehicles; subsidies routed to OEMs based on battery capacity.
Open
PLI — ACC Battery Storage
₹18,100 crore PLI to set up 50 GWh of giga-scale ACC battery manufacturing capacity.
Open

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