Tata Motors, M&M, three others may raise Rs 2k cr and PLI claims

Tata Motors, M&M, Bajaj Auto, Ola Electric, and TVS Motor are expected to claim over ₹2,000 crore under the PLI scheme for achieving investment and sales targets in FY25. Bajaj Auto leads with a projected claim of ₹630 crore. The government emphasizes supporting applicants and ensuring domestic value addition to boost the auto sector’s competitiveness.

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