New Delhi, Sep 19 (TIWN) Government's productivity linked incentive (PLI) scheme for auto and auto component industry is set to disrupt the industry in a big way pushing existing large players to open their game plan on electric vehicles (EV) and vehicles made using newer technologies while also bringing in several newer players into the fray competing for a share of expanded market.

Sources indicated that large auto players such as Hyundai, Tata Motors NSE -0.98 %, Maruti Suzuki NSE 1.20 % have already started studying their production plan keeping in mind the PLI scheme. Several smaller players and the startups, who have just recently begun their journey in the EV space, have also begun discussions to push up production in line with the PLI scheme.