This study aims to clarify the key supply chain barriers in localizing EV battery cell components and equipment manufacturing in India. It summarizes consultations with 12 companies working on battery cell and equipment manufacturing, as well as experts and policy-makers, to determine the crucial challenges in localizing manufacturing.
The report also assesses trade and geopolitical risks and opportunities and aims to provide targeted policy recommendations to government agencies, including policies and incentive mechanisms that can localize EV and battery supply chains within India and build on the country’s comparative advantages.
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