Google- India Energy Storage Alliance (IESA) pushes for parity in business visa policies for ACC-PLI and non-PLI companies to expedite ACC battery factory installations.
- A new government portal streamlines business visas for foreign experts, enabling smoother installation, commissioning, and maintenance of ACC facilities.
- ACC manufacturing sector expected to attract $9 billion investment and create 50,000 direct jobs over the next five years.
- ACC battery manufacturing in India is still nascent, with China controlling over 75% of global capacity and 80% of critical mineral refining.
- Government’s PLI ACC scheme aims to set up 50 GWh of indigenous ACC capacity by 2028, with major players like Ola Electric, Reliance, and Tata Agratas leading the charge.
Source: SaurEnergy