With fresh Rs 8,000 crore incentive scheme, India hopes to attract EV battery makers
Successful bidders will have to set up advanced chemistry battery plants with an output of 20 gigawatt-hours. In turn, the government will offer them incentives under the PLI scheme for a period of 5 years.
14 November, 2023•1 min
0
14 November, 2023•1 min
0

More in
Business
The 72 hours that saw IndiGo unravel
A crew crunch, new regulatory norms and simmering discontent push India’s biggest airline into its biggest crisis yet, one that could seriously dent its reputation for reliability.
You may also like
Business
The 72 hours that saw IndiGo unravel
A crew crunch, new regulatory norms and simmering discontent push India’s biggest airline into its biggest crisis yet, one that could seriously dent its reputation for reliability.
Business
Saudi Arabia plans a big spend for 2026 too, amid weak oil prices
The kingdom approves its awaited state budget for next year, the Emirates records a new high in economy and Yas Island goes driverless, among other updates.
Business
Bajaj Auto’s record numbers are eclipsing a deeper problem
The two-wheeler giant’s domestic weakness is overshadowing its global strength. Investors now want proof that Bajaj can win again at home.





