28-Aug-2026 20:17:05

OLA ELECTRIC : SECURES RS 95.81 CR PLI-AUTO INCENTIVE

• Ola Electric received a sanction order from the Ministry of Heavy Industries for ₹95.81 Crore under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme) • This is the third consecutive year Ola Electric has received an incentive under the PLI-Auto Scheme • The incentive pertains to the Demand Incentive for FY 2026-27 • Ola Electric stated this reinforces its role as a key contributor to India's advanced automotive manufacturing ecosystem

Ola Electric Mobility Limited

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