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Otherwise the industry risks becoming strong in assembly but weak in technology, writes Nilanjan Banik for BasisPoint Insight.

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BasisPointInsight.com - India’s EV Policy Rewards Scale but Leaves Innovation Waiting by Nilanjan Banik
India’s EV PLI scheme has boosted manufacturing but sidelined innovation. By rewarding scale over technology, it risks weakening the ecosystem it hopes to build. by Nilanjan Banik, BasisPointInsight.c...
basispointinsight.com
March 10, 2026 at 10:48 AM