Innovation Segment : Non-storage EV components

Innovation Insights

India's PLI scheme for auto - Big gains for EVs, FCEVs

India

The PLI Scheme aims to draw fresh investments of over Rs 42,500 crore by 2026 and incremental production of over Rs 2.3 lakh crore for the automobile and auto component industries. It will also improve manufacturing capabilities and “enable India to leapfrog to environmentally cleaner electric vehicles and hydrogen fuel vehicles.

More Details

Innovation themes: PLI scheme for autos, Big gains for EVs, Environmentally cleaner electric vehicles, Hydrogen Fuel Vehicles.

Relevant for

  • City administration professional
  • Urban transport planning professional
  • Political leader
  • International policy making professional

Innovation sector

  • Policy-making
  • Logistics & transportation

Domain

Sustainable transport

Type of innovation

Policy

Stakeholders

Government

Industry

Transportation & logistics