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EV Sector's PLI Scheme Likely to See Adjustments After Panel Highlights Deficiencies; Ather Energy Could Benefit
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Parliamentary Panel Flags PLI Gap: EV Scheme Tweaks Could Boost Ather Energy
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CNBC TV18
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16-03-2026, 14:05
Parliamentary Panel Flags PLI Gap: EV Scheme Tweaks Could Boost Ather Energy
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Ather Energy, an early EV player, missed the Auto PLI scheme due to strict revenue/net worth criteria.
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The 2021 Auto PLI scheme favored large-scale operations, requiring ₹10,000 crore global revenue or ₹1,000 crore net worth for new entrants.
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A Parliamentary panel flagged the exclusion of high-potential domestic e2W companies like Ather and recommended flexible eligibility norms.
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Recommendations include differentiated criteria for high-growth segments like e2Ws, aligning policy with industry conditions.
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If adopted, revised PLI could lower barriers for EV-focused companies, offering financial incentives and boosting Ather's growth.
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