NEW DELHI : Reliance Industries Ltd (RIL), Adani Group, Tata Chemicals, Larsen and Toubro Ltd (L&T), and a joint venture (JV) led by Japan’s Suzuki Motor Corp. are among companies who have shown interest in building lithium-ion cell manufacturing plants in India, said three people aware of the matter.
The list includes some of India’s top conglomerates, renewable energy firms and battery makers seeking to take advantage of the government’s ₹18,100 crore production linked incentive (PLI) scheme to make lithium-ion cells. Through the scheme, the government is looking to attract investments worth ₹45,000 crore.
State-run Bharat Heavy Electricals Ltd (Bhel), Exide Industries Ltd, Amara Raja Batteries Ltd, Greenko Group and Renew Power have also evinced interest, the people cited above said, requesting anonymity.
