Govt offers auto PLI 2.0 to bring Tesla to India
Financial Express Mumbai|May 19, 2023
WITH TESLA PROPOSING a manufacturing plant in India, the government plans to come out with a modified production-linked incentive scheme for electric vehicles and advance chemistry cell battery, to invite fresh investments by companies which did not participate earlier.
PRASANTA SAHU
Govt offers auto PLI 2.0 to bring Tesla to India

Official sources said that modifying or coming out with a PLI 2.0 will not be a new thing, which would be done only to include Tesla in the scheme, as it has earlier been done for telecom products and IT Hardware PLI schemes. On Wednesday itself the new, modified IT Hardware PLI scheme was approved by the Union Cabinet with the purpose of giving global companies another chance to invest in the country."A similar modification would be done in the auto and battery PLI once everything gets finalised between the government and Tesla representatives.

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