NEW DELHI, Dec. 31 -- The ministry of heavy industries has disbursed about Rs.2,000 crore to automakers and spare part manufacturers in FY26 under the production-linked incentive (PLI) scheme, and will complete pending disbursals worth about Rs.40-50 crore by February.

"By today, we have given Rs.2,000 crore as incentives. This is a very successful year for PLI-auto scheme," said additional secretary at the ministry, at a press briefing in New Delhi.

Launched in 2021, the scheme has an outlay of Rs.25,938 crore over five years. In its first year, four companies-Tata Motors, Mahindra & Mahindra, Ola Electric and Toyota Kirloskar Auto Parts-received a cumulative Rs.322 crore.

In FY26, nine companies-five vehicle manufacturers and four co...