India, March 18 -- The Government of India issued the following news release:
Government has taken several steps to help EV manufacturers, which had resulted in job creation and increased domestic production. The details are as below:
Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India (PLI-Auto): Government approved this scheme on 23.09.2021 for Automobile and Auto Component Industry for enhancing India's manufacturing capabilities for advanced automotive technology (AAT) products with a budgetary outlay of rs 25,938 crore.
Production Linked Incentive (PLI) Scheme for National Programme on Advanced Chemistry Cell (ACC) Battery Storage: The Government on 12.05.2021 approved PLI Scheme for manufactu...