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Reliance Industries has requested an extension from the central government to establish its electric vehicle battery manufacturing plant under the production-linked incentive (PLI) scheme. The company has not disclosed the duration of the extension or the reason for the delay. In March 2022, Reliance secured incentives to develop 5 GW of advanced chemistry cell (ACC) manufacturing capacity. The ?18,100 crore scheme mandated companies to set up facilities within two years.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th March 2025 edition.. Get this issue or any of our editions by clicking here…
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