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Global Trade Alert

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India: Agreements signed with three firms under the production linked incentive scheme for Advanced Chemistry Cell manufacturing

Description

On 28 July 2022, the Indian Ministry of Heavy Industries announced production-linked incentives for three firms for the manufacture of advanced chemistry cell (ACC) battery storage. According to the s...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

28 Jul 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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