New Delhi: The government’s Rs 18,000 crore incentive scheme for advanced chemical cell (ACC) battery production is the first major push to build capacity in core component technology, and will make India a global hub of clean energy, electronics makers say.
The PLI will also cut import dependence on China and increase local value addition in mobiles, electronics, automobile (EV) and the solar industry, the India Cellular and Electronics Association (ICEA) said in a statement Saturday.
