Bajaj Auto tops auto PLI payouts in FY26

GreyOak summary

Bajaj Auto received the highest production-linked incentive (PLI) payout of ₹625.65 crore for FY26, surpassing Tata Motors and Ola Electric. While total scheme disbursements rose sharply to nearly ₹2,000 crore for top five automakers, job creation and incremental sales lagged behind investment targets. The report highlighted a gap between capital-intensive investments and employment generation in the auto sector.