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India is keen to increase its manufacturing share in GDP from 17 pc to 25 pc: Union Minister Hardeep Puri

India is keen to increase its manufacturing share in GDP from 17 pc to 25 pc: Union Minister Hardeep Puri
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PLI Scheme: Govt. to re-auction of PLI for batteries soon, Auto News, ET Auto

The Indian government will re-auction the performance-linked incentives (PLI) for 20 GW advanced chemistry cell (ACC) battery manufacturing, following the allocation of the capacity to Hyundai Global Motors, which was found to be impersonating Hyundai Motor. Estimated incentives of INR 7,240 crore will be offered under the INR 18,100 crore PLI scheme disbursed over five years. ....

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