In May 2021, the Cabinet had approved the technology-agnostic PLI Scheme on National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for achieving a manufacturing capacity of Fifty (50) Giga Watt hours (GWh) of ACC with an outlay of Rs 18,100 crore, , pli, acc
Acma: Building a resilient supply chain for EVs demands strategic foresight, collaborative efforts, and an unwavering commitment to innovation, says the Automotive Components Manufacturers Association.
India s demand for advanced chemistry cell batteries is expected to surge, from 20 GWh in 2022 to roughly 220 GWh by 2030, as a result of the robust local supply chain and thriving battery manufacturing. The growth will also be buoyed by the country s localisation of a significant percentage of the entire value chain, according to a new report by the Confederation of Indian Industry (CII).