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Ola Electric gets ₹367 cr as auto PLI incentives
Financial Express Kolkata
|December 26, 2025
OLA ELECTRIC HAS received asanction order from the Ministry of Heavy Industries for the release of ₹366.78 crore in incentives under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components, or PLI-Auto, forclaims relating to FY25.
The sanction pertains to demand incentives linked to the company’s determined sales value for FY24-25 and will be disbursed through IFCI, the designated financial institution under the scheme.
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