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India to become major production hub for ACC batteries: ICEA By IANS | 3 Views India to become major production hub for ACC batteries: ICEA.. Image Source: IANS News New Delhi, May 15 : The India Cellular and Electronics Association (ICEA) has welcomed the Rs 18,100 crore Production Linked Incentive (PLI) scheme that has been approved for Advanced Chemistry Cell (ACC) battery storage in the country. In a statement, ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country. We at ICEA believes that the PLI scheme would give thrust to Make in India initiative and will attract huge investments of Rs 45,000 crore plus in the coming years. With this push for ACC batteries, the sector would witness robust growth in the coming years, said Pankaj Mohindroo, Chairman, ICEA. ....
In a statement, ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country. ....
PLI scheme on battery production to make India major hub, cut China dependence SECTIONS Share Synopsis The PLI will also cut import dependence on China and increase local value addition in mobiles, electronics, automobile (EV) and the solar industry, the India Cellular and Electronics Association (ICEA) said in a statement Saturday. Getty Images ACC batteries are the new generation of advanced storage technologies which store electric energy as electrochemical and convert it back to electric energy as and when required. The government’s Rs 18,000- crore incentive scheme for advanced chemical cell ( ACC) battery production is the first major push to build capacity in core component technology, and will make India a global hub of clean energy, electronics makers say. ....