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The Economic Times

Economy / The Economic Times

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Auto PLI boosted e2W home market, not exports: C-DEP

India's electric two-wheeler sector sees production scale rise due to the auto PLI scheme. However, this has shifted focus to domestic market share, not export readiness. Non-PLI manufacturers face market contraction. The scheme's cost advantage benefits approved companies, potentially marginalizing innovation-led players and risking market share loss to global competitors.

27 Feb 2026 2:24 pm