Mahindra & Mahindra and Tata Motors claim Rs 246 crore as production linked incentive (PLI)

Mahindra & Mahindra and Tata Motors have together claimed Rs 246 crore under the PLI scheme for incremental production. This scheme, which supports the Automobile and Auto Components Industry, provides incentives for Electric Vehicles and Hydrogen Fuel Cell components. Total investments of Rs 20,715 crore have led to incremental sales worth Rs 10,472 crore.