कोशिश गोल्ड - मुक्त
Battery PLI loses charge
Financial Express Kochi
|January 23, 2026
ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR
MORE THAN FOUR years after the Centre launched its flagship production-linked incentive (PLI) scheme to build a domestic battery manufacturing ecosystem, progress on the ground remains sharply behind stated ambitions, with just 2.8% of the targeted capacity commissioned so far.
The Advanced Chemistry Cell (ACC) PLI scheme, notified in October 2021 with an outlay of ₹18,100 crore, aimed to establish 50 gigawatt hour (GWh) of battery cell manufacturing capacity in India by 2025 and reduce near-total dependence on imported lithium-ion cells. However, as of October 2025, only 1.4 GWh of capacity has been commissioned within the stipulated timeline—entirely by Ola Electric—according to a new assessment by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA).
Despite strong initial industry interest and multiple auction rounds, the report finds a widening gap between policy intent and execution.
यह कहानी Financial Express Kochi के January 23, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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Financial Express Kochi
Energy security, industry at core of India’s clean power push: Joshi
INDIA IS RECASTING its clean energy transition as a core industrial and manufacturing strategy, with non-fossil sources now accounting for 52% of installed power capacity and total non-fossil capacity reaching 267 GW, Union Minister for New and Renewable Energy Pralhad Joshi said at the World Economic Forum (WEF) Annual Meeting in Davos.
1 min
January 24, 2026
Financial Express Kochi
Forex reserves jump $14 bn to $701 bn on Fx swap, gold rally
FOREIGN EXCHANGE RESERVES rose to $701.36 billion as of January 16, compared with $687.19 billion a week earlier, the Reserve Bank of India (RBI) said on Friday.
1 min
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Financial Express Kochi
Report gains or losses from F&O trading as business income in ITR
YOU CAN SET OFF LOSSES AGAINST INCOME FROM ANY HEAD OTHER THAN SALARIES
2 mins
January 24, 2026
Financial Express Kochi
‘Retail AUM may touch ₹1 lakh cr by March’
Jairam Sridharan, managing director and CEO of Piramal Finance, tells Kshipra Petkar in an interview that the company is targeting a sharp expansion in retail AUM, improved profitability and deeper product diversification.
1 mins
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Financial Express Kochi
ICCT20 World Cup: Scotland likely to replace Bangladesh
A DESPERATE BANGLADESH Cricket Board (BCB) has written to the Dispute Resolution Committee (DRC) of ICC requesting it to overturn the governing body’s decision to hold the national men’s team’s T20 World Cup games in India but its appeal won’t be heard as it is outside the remit of the subcommittee.
1 mins
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Financial Express Kochi
Rupee sinks to all-time low, reports steepest weekly fall in 6 months
THE RUPEE FELL to a record low on Friday and posted its steepest weekly decline in six months, weighed by sustained foreign outflows and hedging by importers.
1 mins
January 24, 2026
Financial Express Kochi
IPOs in Dec moderated from ’25 peak: Sebi bulletin
FUNDRAISING BY INDIAN companies through initial public offerings (IPOs) relatively moderated in December compared to the peak levels in 2025, though the number of new issuances was the highest and the issuance size was the third highest globally, a bulletin released on Friday by the Securities and Exchange Board of India (Sebi) showed.
1 min
January 24, 2026
Financial Express Kochi
States' combined fiscal deficit rose to 3% in 2024-25: RBI report
STATES' CONSOLIDATED GROSS fiscal deficit rose to 3.3% of gross domestic product (GDP) in 2024-25, after staying below 3% for the previous three years, according to a Reserve Bank of India's (RBI) annual report on state finances released on Friday.
1 min
January 24, 2026
Financial Express Kochi
Prepare orders for Nvidia chips: China to firms
CHINESE OFFICIALS HAVE told the country’s largest tech firms including Alibaba Group Holding they can prepare orders for Nvidia’s H200 AI chips, suggesting Beijing is close to formally approving imports of components essential to running artificial intelligence.
1 min
January 24, 2026
Financial Express Kochi
Tata Power secures World Bank loan for its Bhutan project
THE WORLD BANK sanctioned long-term financing of $815 million for the 1,125 MW Dorjilung Hydropower Project (DHPL) in Bhutan.
1 min
January 24, 2026
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