Three companies sign batterymanufacturing incentives scheme

Three companies have agreements in place for the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell Battery Storage. The companies picked are Reliance New Energy Limited, Ola Electric Mobility Private Limited, and…

Reliance, Ola Electric, Rajesh Exports agree to build batteries in India

Final contracts for the construction of battery cells under a $2.3 billion government incentive scheme were signed by Reliance Industries, the Softbank Group-backed Ola Electric, and the Indian jewellery manufacturer Rajesh Exports. As…

Rajesh Exports to make entry in EV sector

Rajesh Exports, a jewellery exporter, aims to invest heavily in new technology categories including as battery cells for electric cars and semiconductor display fabs in Karnataka and other states. Rajesh Exports executive chairman…