EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantage
Published on: April 30, 2026, 11:09 p.m. | Source: The Economic Times
Electric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its stringent eligibility criteria favor established players. EV-first companies, despite leading in technology and localization, are excluded, facing a significant cost disadvantage against traditional OEMs. Founders call for reforms to align the scheme with India's evolving EV landscape.
