The Ministry of Heavy Industries is currently operating five major schemes to boost electric mobility and domestic EV manufacturing, Minister of State for Heavy Industries Bhupathiraju Srinivasa Varma informed the Lok Sabha in a written reply on Tuesday.

The Production Linked Incentive Scheme for Automobiles and Auto Components, notified in September 2021, aims to strengthen India’s manufacturing capacity in Advanced Automotive Technology components, including electric vehicles. The programme has a financial outlay of Rs 25,938 crore.

In addition, the Production Linked Incentive Scheme for Advanced Chemistry Cell Battery Storage, announced in June 2021, seeks to create a competitive ecosystem for domestic production of 50 GWh of ACC batteries. The scheme has an allocation of Rs 18,100 cr

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