By Dev Ashish Aneja & Abhishek Bansal

Production Linked Incentive (PLI) scheme of the Union government covers 13 sectors, including Advanced Cell Chemistries with a focus on e-mobility. The scheme, with the cumulative incentives worth INR 2 lakh crore, is aimed at enhancing India’s manufacturing capabilities and export competitiveness manyfold.

The PLI scheme for advanced cell chemistries has the potential to make India the fourth largest production hub for lithium-ion cells mainly for the e-mobility ecosystem including electric vehicles (EVs).