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Has India's auto PLI scheme got it wrong with clean mobility focus?

Last Updated: Oct 05 2021 | 5:50 PM IST

India’s auto PLI scheme has been tweaked to focus on electric vehicles and hydrogen fuel cell vehicles, along with advanced automotive technologies. Internal combustion engine vehicles have been kept out of the scheme. The scheme looks good on paper, with the aim to bring about clean mobility in the future. But as we will see, a lot of the PLI scheme’s elements fall into the old trap that India’s industrial and trade policies are so used to. Let's watch.

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