{"id":472822,"date":"2022-03-04T09:21:52","date_gmt":"2022-03-04T03:51:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=472822"},"modified":"2022-03-04T10:20:19","modified_gmt":"2022-03-04T04:50:19","slug":"pinnacle-to-invest-rs-2k-cr-to-build-ev-manufacturing-units-in-pune-indore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pinnacle-to-invest-rs-2k-cr-to-build-ev-manufacturing-units-in-pune-indore\/","title":{"rendered":"Pinnacle to invest Rs 2k cr to build EV manufacturing units in Pune, Indore"},"content":{"rendered":"<p>Pinnacle Industries, which is among the 20 companies that got approval to launch electric vehicle manufacturing under the production-linked incentives scheme, will invest Rs 2,000 crore to set up EV manufacturing units in Pune and Indore, according to a senior company official.<\/p>\n<p>The Pune-based company, which has been into automotive seatings, interiors for speciality vehicles since 1996, has already set up an electric vehicle unit under the Eka label and has two bus models awaiting regulatory nods.<\/p>\n<p>In September 2021, the government announced the PLI scheme for the auto sector, offering Rs 26,058 crore in incentives along with 12 other manufacturing sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pinnacle Industries, which is among the 20 companies that got approval to launch electric vehicle manufacturing under the production-linked incentives scheme, will invest Rs 2,000 crore to set up EV manufacturing units in Pune and Indore, according to a senior company official. The Pune-based company, which has been into automotive seatings, interiors for speciality vehicles since 1996, has already set up an electric vehicle unit under the Eka label and has two bus models awaiting regulatory nods. In September 2021, the government announced the PLI scheme for the auto sector, offering Rs 26,058 crore in incentives along with 12 other [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-472822","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=472822"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472822\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=472822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=472822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=472822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}