Ola Electric Mobility Secures ₹366.78 Crore PLI-Auto Incentive for FY25
Published on: Dec. 25, 2025, 6:15 p.m. | Source: scanx.trade
Ola Electric Mobility Limited secured ₹366.78 crore in government incentives under the PLI-Auto scheme for FY25, with disbursement through IFCI Limited. The approval validates the company's manufacturing execution, scale operations, and localization efforts in India's electric mobility sector. This incentive aligns with government objectives to establish India as a global automotive manufacturing hub while supporting the company's continued expansion in electric vehicle technology development.
