BusinessWorld NewsSeptember 4, 2026
India’s Auto Manufacturing Programme Draws $4.8 Billion, Creates 67,000 Jobs
India’s automotive Production-Linked Incentive programme attracted approximately $4.8 billion in investment and generated more than 67,000 jobs by June 30, according to the Heavy Industries Minister. Supporting advanced automotive technology and green mobility, its next phase will prioritise larger-scale production, domestic sourcing, innovation, startups and small and medium-sized suppliers.
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The completed investment and employment figures show how industrial incentives are helping build India’s electric-vehicle and advanced-mobility supply chain.
Implementation will focus on expanding production, strengthening domestic component sourcing and increasing participation by startups and smaller manufacturers.
Auto PLI approved
incentives support advanced automotive manufacturing
June 30, 2026: approximately $4.8 billion invested
localisation phase continues.
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1. financialexpress.comView Original
