Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry
State: Central
Ministry: Ministry of Heavy Industries
Department: Department Of Heavy Industry
Category: Business & Entrepreneurship
Beneficiary Type: Business Entity

The scheme offers financial incentives to boost domestic manufacturing of Advanced Automotive Technology products and attract investments in the automotive manufacturing value chain.

Benefits:
&gt; **Financial Incentive (General):**

- Incentives are provided based on incremental sales (Determined Sales Value) of eligible products.
- **Total scheme outlay:** ₹25,938 crore.- **Total Incentive per entire Group company(ies) is capped at:** ₹6,485 crore.
> **Champion OEM Incentive Scheme:**

- **Incentive rates:**
- Up to ₹2,000 crore: 13%
- ₹2,000–₹3,000 crore:14%
- ₹3,000–₹4,000 crore: 15%
- Above ₹4,000 crore: 16%
- Additional 2% incentive on cumulative sales exceeding ₹10,000 crore.
- Applicable to Battery Electric Vehicles and Hydrogen Fuel Cell Vehicles.

> **Component Champion Incentive Scheme:**

- **Incentive rates:**

- Up to ₹250 crore: 8%
- ₹250–₹500 crore: 9%
- ₹500–₹750 crore: 10%
- Above ₹750 crore: 11%

- Additional 2% incentive on cumulative sales exceeding ₹1,250 crore.
- Additional 5% incentive for EV and Hydrogen components.

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Eligibility:
> **1. General Eligibility:**

- The applicant must be a company registered in India.
- The applicant must meet all eligibility criteria based on audited financial statements as on 31 March 2021.

> **2. Existing Automotive Companies:**

- The applicant must have:
- Minimum global revenue:
- OEM → ₹10,000 crore
- Component → ₹500 crore
- The applicant must have global investment in fixed assets:
- OEM → ₹3,000 crore
- Component → ₹150 crore

**3. New Non-Automotive Investor Companies:**

- The applicant must have minimum global net worth of ₹1,000 crore.
- The applicant must submit a clear business plan for investment in India.
- The applicant must generate revenue from advanced automotive products.
- The applicant must not have any revenue from automobile or component manufacturing as on 31 March 2021.

**4. Investment Conditions (All Components):**

- The applicant must achieve cumulative domestic investment targets starting from 1 April 2021.
- The applicant must meet yearly investment milestones.

**5. Champion OEM Component Specific Eligibility:**

- The applicant must manufacture advanced automotive technology vehicles.
- The applicant must ensure minimum 50% domestic value addition.
- The applicant must obtain product pre-approval from the testing agency.
- The applicant must achieve minimum sales threshold of ₹125 crore in first year.
- The applicant must achieve 10% year-on-year growth in sales.

**6. Component Champion Specific Eligibility:**

- The applicant must manufacture advanced automotive components.
- The applicant must ensure minimum 50% domestic value addition.
- The applicant must obtain product pre-approval.
- The applicant must achieve minimum sales threshold of ₹25 crore in first year.
- The applicant must achieve 10% year-on-year growth.

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Application Process:
[Online]
Online application can be submitted through the official website (Please login with your CIN as user ID).

[Offline]
Step 1: The applicant must submit the application form through the prescribed process to the nodal agency.
Step 2: The applicant must ensure submission before the specified deadline.
Step 3: The application will be evaluated for eligibility and completeness.
Step 4: Acknowledgement will be issued after initial scrutiny.
Step 5: Final approval will be granted based on compliance with scheme conditions.
Step 6: Incentive claims will be submitted annually for disbursement.
Note: Documents should be uploaded on the portal: pliauto.in

Documents Required:
1.1 Certificate of Incorporation (Issued by ROC)
1.1 Memorandum & Articles of Association (Submitted to ROC)
1.1 PAN Card
1.2 Import Export Code (IEC) Registration Certificate
2.2 Letter of Authorization by Board of Directors or Managing Director or Equivalent (incl. subsidiary(ies))
2.4 Certificate from the Company Secretary of the Applicant / Managing Director for Credit History (incl. subsidiary(ies))
2.4 CIBIL Report of the Company (incl. subsidiary(ies))
2.5 Business Profile/ Corporate Presentation of the Applicant (incl. subsidiary(ies))
2.6 GST Registration Certificate (incl. subsidiary(ies))
2.7 Shareholding Pattern (Latest submitted with ROC and certified by Company Secretary of the company or, in case the applicant does not have any  Company Secretary', by the Managing Director) (incl. subsidiary(ies))
2.8 Profile of Directors
3.2 Self-Certification on:
> EAMC - Global group revenue from automotive and/or auto component manufacturing and Global
Investment in fixed assets (gross block), > NNIC - Global net worth, including break-up details, especially for major/ indian entities. Major products considered shall also be mentioned.
3.2 Annual Report of Holding Company
3.3 Self-Certification on Revenue/ Investment/ Net worth from each of the Group Companies whose credentials have been considered
4.1 Annual Report of Applicant for 2018-19
4.1 Annual Report of Applicant for 2019-20
4.1 Annual Report of Applicant for 2020-21
4.1 Financial Details of Subsidiary(ies)
4.1 Annual Report of Subsidiary(ies) for 2018-19
4.1 Annual Report of Subsidiary(ies) for 2019-20
4.1 Annual Report of Subsidiary(ies) for 2020-21
5.3 Self-Certificate mentioning Baseline Eligible Sales Value of Eligible products covered under the List of Advanced automotive technology products (Vehicles and Components) as per clause 15 of the scheme guidelines - for Financial Year 2019-20 -for applicant & subsidiary(ies).
7.1 Project Report/ Business Plan (incl. for Subsidiary(ies))
8.2 Application Fee Payment Proof
Regulatory Treatment
a. Provide information on Licenses, permits and thirdparty approvals necessary to execute the project as per format attached here with
b. Proposed process and timelines for obtaining clearances Undertaking for consent of audit/ verification (incl. Subsidiary(ies)) 
Integrity Undertaking (Format A)