India, June 14 -- The Indian government is reportedly open to relaxing 50% localisation mandates for EV makers and suppliers under the PLI scheme following China's curbs on rare earths exports.

Citing sources, Bloomberg reported that the Centre has directed automakers to import fully built motors or assemblies to get around the curbs in the short term.

While the Society of Indian Automobile Manufacturers (SIAM) is yet to make a formal plea for easing the localisation mandates, the members of the industry body have taken up the issue with the government during different consultations, the report added.

Under the PLI scheme for EVs, the government mandates OEMs to localise the production of certain parts, up to certain threshold, to avai...