Sona Comstar Receives Auto PLI Certification For E2W Traction Motor
Sona BLW Precision Forgings (Sona Comstar), a global automotive technology solutions provider, has became the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme. The company has filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers.
The company's R&D team designed and developed the EV traction motors in-house and launched them for production in 2020.
In 2021, the government introduced the Auto PLI scheme to incentivise the domestic production of high-value advanced automotive technology vehicles and products. The PLI scheme for the auto and auto component sector has a budgetary outlay of Rs. 259 billion over five years, starting from FY 2023-24.
Vivek Vikram Singh, MD & Group CEO of Sona Comstar, said, "We thank the MHI, IFCI and GARC for this approval. This recognition reaffirms the company's commitment to making India proud of its engineering skills and solving complex and customized engineering problems for its customers."
