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Following a proposal for a specific production-linked incentive scheme for battery cells for stationary applications, the government is considering dividing the existing capacity instead of creating multiple PLI schemes for the same product
PLI applications for India’s drone industry is open till 23:59 hrs, May 20, 2022. Drone makers and service providers should note recent regulatory easing.
Ford sent shockwaves across the auto industry when it decided to shut down its operations in India six months ago. The decision to close shop may be short-lived, with the U.S. carmaker considering returning to the subcontinent as a manufacturer and exporter of electric vehicles.