Production Linked Incentive Scheme for Automobile and Auto Component Industry 2026 – Financial Incentives on Sales
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Quick answer
The Production Linked Incentive Scheme for Automobile and Auto Component Industry (PLISAACI) is a central government scheme that offers financial incentives based on incremental sales of advanced automotive technology vehicles and components. Eligible companies, including existing OEMs, auto‑component makers and new non‑automotive investors meeting revenue, investment and net‑worth criteria, can receive incentives ranging from 8% to 16% of determined sales value plus additional percentages for cumulative sales and specific components. To apply, applicants must submit an online application through the official portal https://pliauto.in/ along with the required documents and pay the non‑refundable fee.
At a glance
| Main benefit | Financial incentives linked to sales |
| Ministry / department | Ministry of Heavy Industries |
| Level | Central Government |
| Application mode | Online |
About the scheme
The scheme aims to enhance India’s manufacturing capabilities for advanced automotive products, overcome cost disabilities, create economies of scale, build a robust supply chain and generate employment. It consists of two components – Champion OEM Incentive Scheme and Component Champion Incentive Scheme – and provides incentives linked to determined sales value over a five‑year period.
Benefits
- Champion OEM and New Non‑Automotive (OEM) Investor company: Incentive slabs – ≤ 2,000 ₹ Crore sales value: 13%; > 2,000 to 3,000 ₹ Crore: 14%; > 3,000 to 4,000 ₹ Crore: 15%; > 4,000 ₹ Crore: 16%; Cumulative Determined Sales Value of ₹10,000 Crore over 5 years: Additional 2%
Who can apply (eligibility)
- Existing OEM with global group revenue from automotive/auto‑component manufacturing ≥ ₹10,000 crore and global investment in fixed assets (gross block) ≥ ₹3,000 crore
- Existing Auto‑Component maker with global group revenue ≥ ₹500 crore and global investment in fixed assets (gross block) ≥ ₹150 crore
- New Non‑Automotive Investor company (or its Group) with global net worth ≥ ₹1000 crore based on audited financial statements for year ending March 31 2021
- New Non‑Automotive Investor must commit cumulative new domestic investment in India over five‑year period as per the Minimum New Domestic Investment Conditions table
- Group company definition: two or more enterprises where one can exercise ≥ 26% voting rights or appoint > 50% of board members in the other
- Cumulative new domestic investment to be achieved (in ₹ crore) by 31 March each year: - Champion OEM (except 2W & 3W): 300 by 2023, 800 by 2024, 1400 by 2025, 1750 by 2026, 2000 by 2027 - Champion OEM 2W & 3W: 150, 400, 700, 875, 1000 - Component Champion: 40, 100, 175, 220, 250 - New Non‑Automotive Investor (OEM): 300, 800, 1400, 1750, 2000 - New Non‑Automotive Investor (Component): 80, 200, 350, 440, 500
Documents required
- Certificate of Incorporation (Issued by ROC)
- Memorandum & Articles of Association (Submitted to ROC)
- PAN Card
- Import Export Code (IEC) Registration Certificate
- Letter of Authorization by Board of Directors or Managing Director or Equivalent (incl. subsidiary(ies))
- Certificate from the Company Secretary of the Applicant / Managing Director for Credit History (incl. subsidiary(ies))
- CIBIL Report of the Company (incl. subsidiary(ies))
- Business Profile/ Corporate Presentation of the Applicant (incl. subsidiary(ies))
- GST Registration Certificate (incl. subsidiary(ies))
- Shareholding Pattern (Latest submitted with ROC and certified by the Company Secretary of the company or in case the applicant is not having any 'Company Secretary' - by the Managing Director) (incl. subsidiary(ies))
- Profile of Directors
- Annual Report of Holding Company
- Self-Certification on Revenue/ Investment/ Net worth from each of the Group Company (ies) whose credentials have been considered
- Financial Details of Subsidiary(ies)
- Project Report/ Business Plan (incl. for Subsidiary(ies))
- Application Fee Payment Proof
How to apply
- 1Visit the official portal at https://pliauto.in/
- 2Sign in using your login credentials
- 3Complete the online application form and upload all required financial and supporting documents
- 4Pay the non‑refundable application fee as instructed
- 5Submit the application to receive a unique Application ID for future reference
- 6Await processing; the PMA will review applications within 60 days of submission
Frequently asked questions
Who is eligible to apply under the PLISAACI scheme?+
Eligible applicants are companies incorporated in India under the Companies Act, 2013 that are either existing OEMs or auto‑component manufacturers with the prescribed global revenue and investment thresholds, or new non‑automotive investor companies with a global net worth of ₹1000 crore (as of 31 March 2021) and committed cumulative domestic investment as per the scheme’s conditions.
What financial incentives does the scheme provide?+
Incentives are a percentage of determined sales value: for Champion OEM and new non‑automotive OEM investors – 13% up to ₹2,000 Crore, 14% for ₹2,000‑3,000 Crore, 15% for ₹3,000‑4,000 Crore, 16% above ₹4,000 Crore, plus an additional 2% on cumulative sales of ₹10,000 Crore over five years. For Component Champion and new non‑automotive component investors – 8% up to ₹250 Crore, 9% for ₹250‑500 Crore, 10% for ₹500‑750 Crore, 11% above ₹750 Crore, plus an additional 2% on cumulative sales of ₹1,250 Crore over five years, with an extra 5% for BEV/HFC components and a 0.9 factor in the fifth year for ICE component sales.
How can I apply for the scheme?+
Applications must be submitted online through the official portal https://pliauto.in/. The process involves signing in, filling the application form with required documents, paying the non‑refundable fee, and receiving an Application ID upon successful submission.
What is the duration of the application window?+
The window for receiving applications through the Notice Inviting Applications is 60 days.
Which documents are required for the application?+
Required documents include Certificate of Incorporation, Memorandum & Articles of Association, PAN Card, IEC Registration Certificate, Letter of Authorization, Company Secretary certificate for credit history, CIBIL Report, Business Profile/Corporate Presentation, GST Registration Certificate, Shareholding Pattern, Profile of Directors, Annual Report of Holding Company, Self‑Certification of Revenue/Investment/Net worth of Group Companies, Financial Details of Subsidiaries, Project Report/Business Plan, and proof of Application Fee payment.
Can a proprietorship or partnership firm apply for this scheme?+
No. Proprietorship, Partnership and Limited Liability Partnership (LLP) entities are not eligible; only companies incorporated under the Companies Act, 2013 can apply.
Is there any age limit for applicants?+
not specified
Is there any income limit for eligibility?+
not specified
NaukriZila is not a government website. Apply only on the official portal; never pay anyone to apply for a government scheme. Source: myScheme (Government of India)