ARAI awarded the first Automotive PLI certificate to Mahindra Last Mile Mobility for its flagship electric 3-wheeler.
Dr. Reji Mathai, Director, ARAI, awarded the physical copy of the first Automotive PLI certificate to Suman Mishra, CEO, Mahindra Last Mile Mobility, in the presence of Senior executives of ARAI including the PLI Cell. The formal SOP for application to Automotive PLI scheme was launched by MHI on April 27, 2023 facilitating a systematic smooth application process replete with necessary formats to be uploaded by the eligible applicants (Champion OEMs + Component Champions) through the MHI portal.
With this, Mahindra Last Mile Mobility becomes the first recipient to successfully meet the criteria for the Automotive PLI certificate from ARAI for manifesting their commitment to indigenisation of advanced automotive technology products. “Thereby bolstering the domestic production ecosystem under the aegis of ‘Make in Bharat Abhiyan’,” tweeted ARAI.
The Ministry of Heavy Industries notified the Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India (PLI-AUTO Scheme) on September 23, 2021, with a budgetary outlay of INR 25,938 crore. The PLI-Auto Scheme provides financial incentives to increase local production of advanced automotive technology (AAT) goods and to attract investments in the automotive manufacturing value chain.
The programme is divided into two parts: Champion OEM, which will manufacture electric or hydrogen-powered cars, and Component Champions, which will manufacture high-value, high-tech components.
