Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Govt to offer modified PLI for EVs amid talks with Tesla: Report
short by Ananya Goyal / on Friday, 19 May, 2023
The Centre is reportedly planning to come out with a modified production-linked incentive (PLI) scheme for electric vehicles and advanced chemistry cell batteries. The development comes after Reuters reported that Tesla has proposed a manufacturing plant in India. As per Financial Express, under the modified PLI scheme, the outlay may be increased and incentives can also be tweaked.