PolicyBusiness Standard
Bajaj Auto tops auto PLI payouts in FY26
Positive+32
GreyOak summary
Bajaj Auto received the highest production-linked incentive (PLI) payout of Rs 625.65 crore in FY26, surpassing Tata Motors and Ola Electric. While total investments exceeded the five-year target, job creation and incremental sales remained significantly below projections. The report highlights a gap between capital expenditure and employment generation in the advanced automotive sector.
What it affects
- Bajaj AutoBAJAJ-AUTOPositive +32
Received highest PLI payout of Rs 625.65 crore.Rolling sentiment Positive +35
- AutoPositive +32
PLI scheme investments exceeded targets but jobs lagged.Rolling sentiment Positive +31
- Sector policyPositive +32
Automobile PLI scheme payouts rose sharply in FY26.Rolling sentiment Positive +58
Source
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