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Electric vehicles

187-page bid document, a sea of paperwork: inside a plan to make EV batteries in India

187-page bid document, a sea of paperwork: inside a plan to make EV batteries in India
187-page bid document, a sea of paperwork: inside a plan to make EV batteries in India
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Concept by Muhabit ul haq

Synopsis

Under the recently launched production-linked incentive scheme, advanced battery-cell manufacturers will get subsidies proportional to local value addition. With numerous audits, reams of documentation, and strict commitments from the companies, the scheme may be a tough ask in India’s EV space, where business visibility is still very low.

It’s being touted the mother of all schemes to make products made in India globally competitive. As the government on November 11 announced a production-linked incentive (PLI) scheme of little under INR1.5 lakh crore to boost local manufacturing in 10 sectors, an enthusiastic industry joined the chorus of applaud almost immediately. The auto and auto-component industry got the biggest slice of INR57,000 crore under the PLI scheme, while
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