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Ministry of Heavy Industries

The Ministry of Heavy Industries has highlighted the PLI Auto Scheme as a game-changer for India's automotive manufacturing sector.

India recorded 19.50 lakh EV sales in 2024, accounting for 7.44% of total vehicle sales, as per data from the Ministry of Heavy Industries.

The Ministry of Heavy Industries approved incentive claims totaling Rs 246 crore from M&M and Tata Motors under ambitious Rs 25,938 crore PLI scheme.