BT BIG STORY: India has failed to build an ecosystem of battery cells. Can a new PLI change this?
A energy transition development with market-wide reach.
· Business Today Mkts
With the earlier ₹18,100-crore PLI scheme yet to deliver at scale, India is betting on another incentive package to fix its battery-cell supply chain.
The analysis
This is a Tax / tariff / duty event. Duty and incentive changes reset landed cost and competitive position immediately, and unlike demand shifts they arrive on a known date.
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