Why in News?
India’s Advanced Chemistry Cell (ACC) Production Linked Incentive (PLI) Scheme, aimed at building next-generation battery manufacturing capacity, is facing implementation hurdles, threatening the target of achieving 50 GWh domestic capacity by 2026.
Description:
Objective: To reduce India’s dependence on imported batteries, create a domestic battery manufacturing ecosystem, and accelerate EV and energy storage adoption.
Ministry: Ministry of Heavy Industries (MHI)
Launch Year: October 2021
Scheme Type: Central Sector Scheme. Production Linked Incentive (PLI) based on output and localisation
Target Beneficiaries:
- Battery cell manufacturers
- EV and energy storage ecosystem (indirect beneficiaries)
Key Features:
- Technology focus: Advanced Chemistry Cells (non-lead-acid; e.g., lithium-ion)
- Total outlay: ₹18,100 crore
- Target capacity: 50 GWh of ACC manufacturing
- Minimum investment requirement: ₹1,100 crore per selected firm
- Incentive ceiling: ₹2,000 per kWh
- Localisation mandate:
- 25% domestic value addition within 2 years
- 60% domestic value addition within 5 years
- Selection mechanism: Competitive global auction
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.
FOLLOW US ON:
◉ YouTube : https://www.youtube.com/@CivilsPrepTeam
◉ Facebook: https://www.facebook.com/LaExcellenceIAS
◉ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040
