Budget FY2025: PIP for Automotive Industry Approved at ₹2,819 Crore
The Indian government has sanctioned ₹2,819 crore for the PLI scheme in the FY 2025-26 automobile sector, which is less than last year's ₹3,500 crore. The scheme has garnered ₹67,690 crore in investments and generated almost 29,000 jobs.