EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantage
Electric vehicle startups are urging reforms in India’s Production Linked Incentive (PLI) Scheme for Automobile and Auto Components, arguing that current eligibility norms favor established manufacturers and place new entrants at a disadvantage. Founders say stricter criteria limit startup participation despite growing innovation in the EV sector. They are calling for a more inclusive framework to accelerate domestic EV manufacturing and boost competitiveness.
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