India's PLI Scheme Drives Local ACC Manufacturing

The Indian Ministry of Heavy Industries' Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage aims to boost domestic manufacturing with a target of 50 GWh capacity. Despite engagements with major manufacturers and substantial investment, only 1 GWh of the awarded 40 GWh capacity has been installed, highlighting challenges in the initiative's rollout.

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