This is the third year in a row. But here’s what’s more interesting: the amount dropped sharply from ₹366 crore last year. Why? Because the PLI scheme rewards actual production, not promises. Ola’s output might have slowed… or the rules got stricter. Either way, it’s a sign that government money isn’t handed out; it’s earned. And if you’re betting on EVs, watch not just the headlines, but the numbers behind them. Because in India’s EV race, even ₹95 crore can mean you’re falling behind; or just holding steady.