India plans a second phase of the PLI scheme for smartphones to boost exports and support local players, after reaching 20.5 billion dollars in mobile phone exports in CY2024 ... .
Ola Electric has received Production Linked Incentive (PLI) certification from the Ministry of Heavy Industries for its Gen 3 electric scooter portfolio ... Gen 3 scooter portfolios are now PLI-certified.
Ola ElectricMobility's shares rose 5.3% to ₹51.15 after securing PLI certification for its Gen 3 scooter portfolio. This certification will enhance profitability and strengthen cost structure, allowing incentives until 2028 ....