Intentar ORO - Gratis
Battery PLI scheme runs out of charge, Centre to review
Mint Kolkata
|August 20, 2025
Govt secured manufacturers for 40 GWh of capacity, but cos not been able to meet targets
₹18,100-crore production-linked incentive (PLI) scheme to incentivise batteries for electric vehicles and reducing dependence on China seems to have run dry.
With zero disbursals from the PLI scheme for advanced chemistry cells (PLI ACC) in four years, the ministry of heavy industries will review it to chart a fresh roadmap, secure investments, and ensure battery storage capacity utilisation, according to two officials aware of the development.
Advanced chemistry cells are widely used in the renewable energy sector and in electric vehicles. These cells store electrical energy chemically using complex materials.
"There has been very little traction in the ACC PLI. Capacities that have developed are also very little. With that in mind, there is going to be a review of the scheme," said one of the officials cited above, requesting anonymity.
Esta historia es de la edición August 20, 2025 de Mint Kolkata.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Kolkata
Mint Kolkata
Equity market fails to hold gains
India’s equity benchmarks struggled to hold onto record highs on Monday as investors worried that outflows might persist amid uncertainty over a trade deal with the US.
1 min
December 02, 2025
Mint Kolkata
'Banks can't rely on service providers'
As banks worldwide double down on digital transformation, Reserve Bank of India (RBI) deputy governor Swaminathan J. has cautioned lenders that they cannot simply rely on third-party service providers for outsourced solutions.
1 min
December 02, 2025
Mint Kolkata
Your attention is the new currency for India’s streaming apps
India’s video-streaming platforms are beginning to value deeper, higher-quality viewer engagement, with watch time and total minutes viewed becoming core indicators amid plateauing paid subscriptions.
2 mins
December 02, 2025
Mint Kolkata
Mehli Mistry quits Ratan Tata’s Small Animal Hospital
Tata Trusts’ former trustee and late Ratan Tata’s close confidant, Mehli Mistry, has resigned from the board of his friend's cherished project, Small Animal Hospital Trust, which claims to have become India’s largest specialty hospital for pet animals.
1 mins
December 02, 2025
Mint Kolkata
Mandatory app may trigger pushback
misuse of mobile phones in various scams.
2 mins
December 02, 2025
Mint Kolkata
Top weapon firms' revenue up 6%
The world’s biggest weapons-producing companies saw a 5.9% increase in revenue from sales of arms and military services last year as demand was fed by the wars in Ukraine and Gaza as well as countries’ rising military spending, according to a report released Monday.
1 min
December 02, 2025
Mint Kolkata
E-tailers bank on creator content to draw shoppers
Broader selection of products and quicker delivery are no longer adequate to attract buyers
3 mins
December 02, 2025
Mint Kolkata
Gen Z shoppers aren't spending like retailers need them to
More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures
4 mins
December 02, 2025
Mint Kolkata
Automakers report brisk sales in Nov, demand remains robust
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.
1 mins
December 02, 2025
Mint Kolkata
Gold soars ₹3,040 on global cues
Gold prices surged by ₹3,040 to ₹1,33,200 per 10 gm in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association.
1 min
December 02, 2025
Listen
Translate
Change font size

