About Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) scheme:
- It was launched in 2021 to catalyse domestic manufacturing of next-generation battery cells.
- It is aimed to set up 50 gigawatt hour (GWh) of battery cell manufacturing capacity by
- It is also aimed to build a local battery supply chain to reduce import dependence, mobilising private investments and global tech partnerships, lowering battery costs, and accelerating electric vehicle (EV) and energy storage adoption.
- Features of Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) scheme
- Incentives: Under the scheme, selected manufacturers are promised incentives linked to actual battery sales.
- Beyond capacity creation, the policy intended to develop a complete battery supply chain covering cathodes, anodes, electrolytes, and cell assembly, while also generating over one million jobs.
- Nodal Ministry: It was launched by the Ministry of Heavy Industries.
