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Analyst Opinions
India’s Efforts to Transform Battery Storage and Mobility Value-Chain
In March 2019, Union Cabinet approved setting up of a National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable and holistic mobility initiatives. The mission is to draw up a five-year phased manufacturing program (PMP) till 2024 to support setting up a few large-scale, export-competitive integrated batteries and cell-manufacturing Giga plants in India and to localize production across the entire Electric Vehicles value chain. The earlier proposed capacity build-up target for lithium-ion battery-manufacturing base has...