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Scheme to push battery part production
January 16, 2025
|Mint Kolkata
The ministry of heavy industries (MHI) is preparing a concept note to garner support for a scheme to promote domestic manufacturing of battery components, MHI joint secretary Vijay Mittal said.
"The ministry is currently developing a concept note aimed at bringing policymakers together to agree on specific schemes that will support the manufacturing of components. This support will involve financial systems, policy regulations, and ease of doing business," he told the India Battery Manufacturing and Supply Chain Summit 2025 on Wednesday.
The scheme will propose the stringent localization criterion as previous incentive schemes such as the production-linked incentives for automobiles and auto components (PLI-Auto), he added.
هذه القصة من طبعة January 16, 2025 من Mint Kolkata.
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