BT BIG STORY: India has failed to build an ecosystem of battery cells. Can a new PLI change this?
A energy transition development with market-wide reach.
· Business Today Mkts
With the earlier ₹18,100-crore PLI scheme yet to deliver at scale, India is betting on another incentive package to fix its battery-cell supply chain.
The analysis
This is a Tax / tariff / duty event. Duty and incentive changes reset landed cost and competitive position immediately, and unlike demand shifts they arrive on a known date.
Related coverage
Jatin Kumar Nayak takes charge as Ireda chairman and managing director
Tata, Mahindra or Maruti? India's biggest electric car exporter may surprise you
responsAbility invests $20 million in Navitas Solar as part of its Asia Climate Fund: What is it?
TVS Motor to raise e2W capacity to 80,000 units a month by March 2027
A green giant’s pollution woes: How Waaree Energies dumped toxic effluents in a Gujarat village