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The Government of India and A.P. Moller-Maersk have reaffirmed their commitment to strengthening India's maritime sector through deeper collaboration across shipping, port infrastructure, shipbuilding, repair, container manufacturing and workforce development. The discussions reflect the country's growing focus on building a globally competitive maritime ecosystem while enhancing supply chain resilience and trade connectivity. Union Minister of Commerce and Industry, Piyush Goyal recently met Ahmed Hassan, Head of Asset Strategy at A.P. Moller-Maersk Group, to explore opportunities that align with India's long-term vision of becoming a leading maritime and logistics hub. The meeting highlighted the importance of public-private partnerships in accelerating investments, innovation and capacity building across the maritime value chain. The discussions covered multiple areas of collaboration, including port modernization, ship repair and maintenance, vessel flagging under the Indian registry, development of container manufacturing capabilities and strengthening maritime infrastructure. Both sides also emphasized the need to enhance India's competitiveness in global shipping while creating new employment and skill development opportunities. Maersk has been steadily expanding its engagement with India's maritime sector through strategic initiatives aimed at supporting the country's logistics transformation. The company has already partnered with Indian shipyards to explore repair, maintenance and shipbuilding opportunities while also evaluating the local sourcing and manufacturing of seaworthy containers. These initiatives are expected to encourage technology transfer, develop domestic capabilities and strengthen India's position in the global maritime supply chain. The collaboration also supports the Government of India's broader agenda of improving multimodal connectivity, modernizing ports and creating a resilient logistics network that can support the country's growing manufacturing and export ambitions. A stronger maritime sector is expected to reduce logistics costs, improve trade efficiency and enhance India's integration with global supply chains. Industry observers believe partnerships between the government and Maersk will play a critical role in driving investment, sustainability and operational excellence across India's maritime ecosystem. As international trade patterns continue to evolve, collaborative initiatives focused on infrastructure, technology and skills are expected to position India as a preferred destination for global shipping and logistics operations. The engagement between the Government of India and A.P. Moller-Maersk underscores a shared vision of creating a future-ready maritime sector capable of supporting economic growth, strengthening supply chain resilience and reinforcing India's emergence as a global logistics powerhouse. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Kerala’s Vizhinjam International Seaport has achieved a significant milestone by handling its 1,000th commercial vessel in less than two years since commencing operations, reinforcing its emergence as one of the world’s fastest-growing container transshipment hubs. The landmark was marked with the arrival of the container vessel MSC Luciana, highlighting the port’s rapid operational growth and increasing relevance in global shipping networks. Developed as India’s first deep-water automated transshipment port, Vizhinjam has witnessed remarkable progress since receiving its first commercial vessel. Its strategic location, just 10 nautical miles from one of the world’s busiest east-west international shipping routes, has enabled the port to attract major container lines and large mother vessels that traditionally relied on foreign transshipment hubs. Industry experts believe the achievement reflects growing confidence among global shipping companies in the port’s infrastructure and operational capabilities. Featuring a natural deep draft of around 20 metres, advanced cargo-handling equipment and modern terminal systems, Vizhinjam is capable of handling some of the world’s largest container ships with minimal turnaround time. The 1,000-vessel milestone also underscores India’s broader ambition to strengthen domestic transshipment capacity and reduce dependence on overseas ports for container movement. By offering direct access to international shipping routes, the port is expected to improve supply chain efficiency, lower logistics costs and enhance India's competitiveness in maritime trade. Since commercial operations began, vessel traffic at Vizhinjam has steadily increased, supported by growing cargo volumes and regular calls from leading global shipping lines. The port’s ability to accommodate ultra-large container vessels has positioned it as a preferred gateway for regional and international cargo movement. The milestone is expected to further accelerate investments in port-led infrastructure, logistics parks, warehousing and multimodal connectivity across Kerala and southern India. As additional phases of development progress, Vizhinjam is projected to significantly expand its container handling capacity and strengthen its role as a strategic logistics gateway for the Indian subcontinent. For India's supply chain ecosystem, the port's rapid rise signals the growing importance of world-class maritime infrastructure in supporting international trade. With its strategic advantages and continued expansion, Vizhinjam is poised to play a pivotal role in reshaping regional cargo flows and establishing India as a stronger player in global maritime logistics. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
RSA Global has signed a Memorandum of Understanding with the Government of Maharashtra to develop India's largest automated empty container yard, a 62-acre facility worth ₹2,580 crore at Uran, Raigad, built within the heart of the Jawaharlal Nehru Port (JN Port) ecoystem, reinforcing the nation’s efforts to modernise port-led logistics and improve container management efficiency. The project is expected to set new benchmarks in automation, sustainability, and operational productivity. The facility will be developed on a 62-acre land parcel near JN Port under a long-term concession agreement. Designed as a state-of-the-art automated storage and retrieval system (ASRS)-based yard, the project aims to address one of the most persistent challenges in container logistics—the efficient handling, storage, maintenance, and repositioning of empty containers. JN Port currently handles around one million TEUs of empty containers annually, making the development strategically important for optimising container flows, and reducing congestion across the port ecosystem. The automated yard will leverage advanced technologies, including mechanised container stacking systems, gate automation, terminal operating systems, and real-time container tracking capabilities. These features are expected to significantly improve yard productivity, minimize turnaround times, and enhance visibility across the container supply chain. The project will also incorporate a truck appointment system to streamline vehicle movement and reduce traffic bottlenecks in and around the port area. RSA Global, a Dubai-headquartered logistics and supply chain solutions provider, plans to transform the facility into a future-ready logistics asset capable of supporting India’s rapidly growing export-import trade. The company has indicated that the project aligns with its broader strategy of deploying technology-driven logistics infrastructure that enhances supply chain resilience and efficiency. Ajay I. Shah, Chairman & Co-Founder, RSA Global, said, "India's trade ambitions are written in its ports, and empty container handling as long been the unglamorous bottleneck holding them back. We're investing to fix exactly that bringing automation, transparency and world-class infrastructure to the JNPA ecosystem, in partnership with the Government of Maharashtra.” For JN Port, India’s largest container gateway, the development represents another milestone in its ongoing infrastructure expansion and digital transformation agenda. The port has been actively investing in capacity augmentation, multimodal connectivity, and technology adoption to strengthen its position as a leading trade hub in South Asia. The automated empty container yard is expected to complement these initiatives by creating a centralised, high-capacity facility for managing empty containers more effectively. Industry stakeholders believe the project could significantly reduce logistics costs, improve equipment availability for exporters, and support the government’s broader objective of enhancing ease of doing business through world-class logistics infrastructure. Once operational, the facility is expected to emerge as a critical node in India’s container logistics network, setting a new standard for automated container yard operations in the country. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
V.O. Chidambaranar Port Authority (VOCPA) in Thoothukudi, Tamil Nadu, has become the first Indian port to partner with H2Global to facilitate green hydrogen export corridors between India and Europe. The strategic Memorandum of Understanding (MoU), marks a major step toward integrating India into the global green hydrogen supply chain and strengthening maritime trade links with European energy markets. The collaboration between VOCPA and H2Global, represented by the H2Global Foundation and Hintco GmbH, aims to establish the infrastructure, logistics frameworks and commercial mechanisms required for large-scale exports of green hydrogen and its derivatives, including green ammonia and e-methanol. The partnership will also explore long-term offtake arrangements and the development of sustainable maritime fuel ecosystems that support global decarbonisation goals. For the logistics and shipping sector, the agreement signals the emergence of a new clean-energy trade corridor connecting India’s southern coastline with Germany and broader European markets. As demand for renewable fuels accelerates across Europe, ports are increasingly being viewed as critical nodes in the hydrogen value chain, requiring specialised storage, handling and transportation infrastructure. The partnership is expected to catalyse investments in dedicated hydrogen and ammonia terminals, storage facilities and associated maritime logistics capabilities at the port. The development aligns with India’s National Green Hydrogen Mission, which targets the creation of a robust domestic hydrogen ecosystem and positions the country as a major exporter of green fuels. VOCPA has already emerged as a key player in this transition. The port was recognised as a Green Hydrogen Hub under the mission and commissioned a port-based green hydrogen pilot project in 2025, making it one of India’s pioneering maritime facilities in renewable hydrogen production and application. Industry observers believe the agreement could strengthen India’s competitiveness in the global green hydrogen market by leveraging Tamil Nadu’s abundant wind and solar resources, strategic maritime location and growing industrial base. For supply chain stakeholders, the initiative underscores the increasing convergence of clean energy, port infrastructure and international trade. As global energy supply chains undergo rapid transformation, the VOCPA-H2Global partnership positions India not only as a producer of green hydrogen but also as a critical logistics hub in the emerging international clean fuel economy. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
India and Italy have elevated their bilateral relationship to a “Special Strategic Partnership”, outlining a broader framework for cooperation across trade, defence manufacturing, logistics connectivity, critical minerals and supply chain resilience. The announcement followed talks between Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni in Rome. As part of the agreement, both countries set a target of increasing bilateral trade to €20 billion by 2029 from current levels of around €14 billion. The two sides also approved a defence industrial roadmap aimed at expanding co-development and co-production initiatives in sectors including naval systems, aerospace and advanced manufacturing. The discussions placed significant emphasis on connectivity and supply chain security, particularly through the proposed India-Middle East-Europe Economic Corridor (IMEC). Italy, viewed as a key European gateway in the corridor project, is expected to play a larger role in strengthening maritime trade links, port connectivity and energy transport networks between India and Europe. Both governments also signed agreements covering critical minerals, maritime transport, agriculture, financial crime prevention and scientific cooperation. The critical minerals pact is expected to support long-term sourcing and processing partnerships tied to clean energy technologies, electronics manufacturing and strategic industries. In a joint statement, the leaders highlighted the importance of resilient global value chains amid geopolitical disruptions and changing trade patterns. Italy has increasingly positioned India as a strategic economic partner as European nations seek to diversify manufacturing and sourcing networks beyond traditional supply bases. The visit also resulted in discussions on expanding cooperation in ports, green energy, advanced technology, mobility of skilled workers and higher education. Officials from both countries indicated that the India-Italy Joint Strategic Action Plan 2025–2029 will serve as the operational roadmap for implementing the agreements signed during the visit. Modi’s Italy visit marked the final leg of his multi-country Europe tour and his first standalone bilateral visit to Italy in more than two decades. The upgraded partnership reflects growing alignment between India and European economies on trade diversification, industrial cooperation and strategic infrastructure development. Follow CARGOCONNECT for more such updates.
Shadowfax is significantly expanding its quick commerce infrastructure, announcing plans to scale its dark store network from 15 facilities to 100 by FY27. The move underscores the company’s growing focus on hyperlocal deliveries, same-day fulfilment, and direct-to-consumer (D2C) logistics as competition intensifies in India’s fast-evolving quick commerce ecosystem. The Bengaluru-based company plans to add 85 new dark stores over the next fiscal year, targeting metro cities with delivery radiuses of approximately seven kilometres and fulfilment timelines of around 30 minutes. The expansion is expected to support rising demand from vertical quick commerce platforms and D2C brands that increasingly rely on third-party logistics (3PL) partners for rapid deliveries. According to company executives, vertical marketplaces are emerging as a profitable segment because of their dependence on outsourced logistics infrastructure rather than captive fulfilment networks. Shadowfax believes this trend creates a strong opportunity for scalable 3PL-led quick commerce models. The dark store expansion will account for nearly 10% of Shadowfax’s planned capital expenditure of ₹180–190 crore in FY27. The company is simultaneously strengthening its automation and artificial intelligence capabilities to improve operational efficiency. AI-led demand forecasting, automated slotting, and smarter sorting centre operations are expected to reduce overhead costs while accelerating breakeven timelines for new facilities. Shadowfax’s aggressive expansion comes on the back of strong financial performance. The company reported a consolidated net profit of ₹55.8 crore in Q4 FY26, compared to a net loss of ₹9.9 crore during the same period last year. Revenue from operations surged 73.6% year-on-year to ₹1,237 crore, reflecting growing order volumes and increased adoption of quick commerce delivery services. Founded in 2015, Shadowfax has evolved into one of India’s largest logistics and last-mile delivery networks, serving over 2,500 cities and more than 15,000 pincodes. The company currently handles millions of shipments daily through a technology-driven delivery ecosystem that supports e-commerce, grocery, hyperlocal, and D2C brands. Industry analysts believe the dark store expansion reflects a broader shift within India’s logistics sector, where speed, proximity-based fulfilment, and automated operations are becoming central to supply chain competitiveness. As quick commerce adoption accelerates beyond groceries into categories such as fashion, electronics, and personal care, logistics providers like Shadowfax are positioning themselves as critical enablers of ultra-fast retail fulfilment. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
The diversification process by Apple continues to progress as India becomes one of the centers for manufacturing operations. Based on an analysis by Smart Analytics Global (SAG), the percentage share of Indian manufacturing of iPhones has increased from 14% in 2024 to 23% in 2025 and further to 28% by 2026, whereas China’s share has decreased from 83% to 74% within the same timeframe. As Apple continues to lower its reliance on China, India is all set to emerge as the major assembly hub for 28 percent of all iPhones exported around the world by 2026, compared to just 23 percent in the prior year. This change is due to the company's overall strategy of spreading its manufacturing operations in order to mitigate potential tariff risks and geopolitical risks, in addition to creating a more flexible manufacturing network beyond China. Based on the estimates of Smart Analytics Global (SAG), China's share in global iPhone production dropped from 83% in 2024 to 74% in 2025, while India's share increased from 14% in 2024 to 23% in 2025. Estimates provided by another market research firm, Counterpoint Research, indicate that India's share in global iPhone manufacturing could increase to approximately 26% in 2026 from 23% in 2025. As per SAG, “India will account for the manufacture of 28 percent of iPhones shipped globally in 2026, rising from 23 percent in 2025. This growth will be fueled by the ongoing diversification of Apple outside China and capacity build-up at existing manufacturers in India like Tata Electronics,” said Abhilash Kumar, an analyst at Smart Analytics Global. According to Tarun Pathak, research director at Counterpoint Research, “Apple's manufacturing partners have substantially increased their manufacturing capacities and assembly lines in India. They have also diversified their product portfolio made in India.” He further stated that the increase in manufacturing capacity of Tata Electronics is another factor aiding the growth. Apple has managed to localize production substantially in India through manufacturers like Foxconn and Tata Electronics. The recent takeover of Wistron and Pegatron in India by the Tata Group represents a huge step forward in Apple’s localization efforts in India. At present, India is assembling a larger number of iPhones, even the latest versions, and has become an important source of exports, targeting countries like the US and European nations. Over the past five years, Apple has manufactured iPhones worth almost $70 billion in India using its PLI scheme, where around $51 billion, or almost 73% of all iPhones manufactured, were exported from India. Moreover, iPhones have become the most exported goods from India during the previous financial year. India has become the biggest beneficiary of Apple’s changing supply chain. From initially assembling iPhones on a smaller scale, it has grown to become a manufacturing cluster for iPhones through government incentives, increased manufacturing capabilities, and the growing presence of suppliers. Several of the most important suppliers and manufacturers for Apple are still highly entrenched within China, allowing the country to enjoy an unrivaled capacity and adaptability when it comes to managing mass-scale productions and product shifts. For more such news and updates, visit CARGOCONNECT.
India’s Dedicated Freight Corridors (DFCs) are rapidly reshaping the country’s logistics landscape, with the Western Dedicated Freight Corridor (WDFC) between Dadri and Jawaharlal Nehru Port Authority (JNPA) emerging as a game-changing infrastructure project for supply chains and multimodal freight movement. Designed exclusively for cargo operations, the corridor is significantly reducing transit times, improving reliability, and easing congestion on conventional rail routes. Stretching nearly 1,500 km from Dadri in Uttar Pradesh to JNPA near Mumbai, the corridor forms the backbone of India’s western logistics artery, connecting manufacturing centres, inland container depots, industrial clusters, and ports. With dedicated tracks for freight trains, the network allows uninterrupted cargo movement at higher average speeds, eliminating delays caused by mixed passenger and freight operations. One of the biggest outcomes has been a sharp reduction in transit time. Freight movement between Dadri and JNPA that traditionally took close to 72 hours on congested rail routes is now being completed in nearly half the time, improving turnaround efficiency for exporters, importers, and logistics operators. Industry stakeholders believe the reduction in transit duration will strengthen India’s competitiveness in global trade and support the government’s target of lowering logistics costs as a percentage of GDP. The DFC network has also enabled the operation of longer and heavier freight trains, including double-stack container services on electrified routes. This has increased carrying capacity while lowering per-unit transportation costs. According to sector estimates, rail freight on dedicated corridors is considerably more energy-efficient and environmentally sustainable than road transport, aligning with India’s broader decarbonisation goals. Beyond operational efficiency, the corridors are catalysing the growth of integrated logistics ecosystems. Regions such as Dadri, Greater Noida, and Jewar are witnessing accelerated development of multimodal logistics parks, warehousing zones, and industrial hubs due to their strategic connectivity with both the Eastern and Western DFCs. The emerging “rail-road-air” logistics triangle around the National Capital Region is expected to attract substantial investments in manufacturing and distribution infrastructure. The Dedicated Freight Corridor Corporation of India (DFCCIL) has reported rising freight train volumes on the operational stretches, indicating growing industry adoption. The completion of key links on the western corridor is expected to further enhance throughput and reduce dependency on road transport for long-haul cargo. Analysts say the dedicated rail network could become central to India’s ambition of creating faster, greener, and more resilient supply chains. As India continues investing in additional freight corridors across the country, the success of the Dadri-JNPA route demonstrates how infrastructure modernisation can directly influence trade efficiency, logistics performance, and industrial growth. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬
In a strategic warehousing move, the South Eastern Coalfields Limited (SECL), the second largest coal-producing subsidiary of Coal India Limited, has signed a Memorandum of Understanding (MoU) with Central Warehousing Corporation (CWC) for collaboration in coal logistics, railway rake provisioning under GPWIS and similar schemes, and integrated transportation services. Guided by the Union Ministry of Coal, SECL is rapidly working to improve India’s energy security and coal logistics infrastructure. The company is taking steps to boost coal evacuation efficiency and ensure a steady fuel supply to essential sectors. This partnership with CWC is a significant move in that direction. The goal of the partnership with CWC is to strengthen SECL’s coal evacuation capabilities by providing reliable and efficient rail logistics solutions to meet the rising demand from the power, steel, cement, and other sectors. The MoU outlines collaboration in various areas, including dedicated railway rake operations, integrated coal transportation solutions, multimodal logistics, first-mile and last-mile connectivity, and the deployment of digital systems for logistics monitoring and operational efficiency. Under the agreed framework, both organizations will explore provisioning and operation of GPWIS and equivalent racks, integrated rail logistics services, and long-term transportation solutions aimed at improving dispatch efficiency and reducing logistical obstacles. The MoU was signed in the presence of Harish Duhan, Chairman-cum-Managing Director of SECL, and Santosh Sinha, Managing Director of CWC. Functional Directors and senior officials from SECL, as well as representatives from CWC, attended the signing ceremony. SECL plays a vital role in meeting the country's growing coal demand. In the current financial year 2026-27, Coal India Limited has already surpassed the 100 million tonne production mark, with SECL contributing more than 26.8 million tonnes. Central Warehousing Corporation (CWC), a Navaratna Central Public Sector Enterprise under the Government of India, is a leader in integrated logistics and warehousing services. It has extensive experience in rail-linked cargo movement and multimodal transportation solutions. For more such news and updates, visit CARGOCONNECT.
India is preparing to take a significant step towards building a stronger and more self-reliant electric vehicle (EV) supply chain with a proposed incentive scheme worth nearly ₹12,000 crore for the domestic manufacturing of battery components and materials. The initiative is expected to complement the existing ₹18,100 crore Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery manufacturing and help address a critical gap in India's EV ecosystem. Over the past few years, India has made considerable progress in attracting investments for battery cell production. However, industry stakeholders have consistently pointed out that a large portion of the battery value chain continues to rely on imported materials. While cell manufacturing capacity is being created domestically, many of the essential inputs required for battery production are still sourced from overseas markets, limiting overall localisation. The proposed scheme aims to change this dynamic by encouraging local production of critical battery materials and components. Reports indicate that the incentive framework may cover Cathode Active Materials (CAM), Anode Active Materials (AAM), electrolytes, copper foil, battery separators and other advanced battery materials that form the backbone of modern EV batteries. For India's rapidly expanding EV sector, these components are far more than just manufacturing inputs. They represent a strategic part of the supply chain, influencing production costs, availability, quality and long-term competitiveness. Industry estimates suggest that battery materials account for a substantial share of overall battery costs, making localisation an important lever for improving economics across the EV value chain. The initiative comes at a crucial time as automakers continue to accelerate their electrification plans. Demand for batteries is expected to rise sharply, driven by passenger electric vehicles, electric two-wheelers, commercial EV fleets, energy storage systems and renewable energy integration projects. To support this growth, India will require a robust and dependable supply network capable of serving domestic manufacturers at scale. According to industry projections, India could require more than 400,000 tonnes of Cathode Active Material and over 200,000 tonnes of Anode Active Material by 2030 to support the battery manufacturing capacities that have already been announced. Such figures highlight the enormous opportunity for companies willing to invest in upstream battery manufacturing and supply chain infrastructure. A key objective of the proposed scheme is to reduce India's dependence on global battery supply chains, many of which remain heavily concentrated in China. At present, China dominates several critical segments of the battery ecosystem, including cathode processing, anode materials, battery chemicals and copper foil production. This concentration exposes manufacturers worldwide to supply disruptions, geopolitical uncertainties and price volatility. By supporting local manufacturing, India hopes to create a more resilient and diversified supply chain while attracting global battery material producers to establish operations within the country. Such investments could strengthen domestic capabilities, improve supply security and increase value addition within India. The proposed incentive programme is also expected to complement the ACC PLI scheme, which was launched to establish large-scale battery cell manufacturing capacity. While the PLI scheme has succeeded in attracting investments from major players, the development of upstream battery materials has progressed at a slower pace. Industry experts believe the new initiative could bridge this gap and help create a more integrated battery ecosystem. Nevertheless, several challenges remain. Building a globally competitive battery supply chain will require access to critical minerals such as lithium, cobalt, nickel and graphite, along with significant capital investments, advanced manufacturing technologies and a skilled workforce. Industry observers have repeatedly emphasised that long-term success will depend on developing capabilities across mining, refining, recycling, component manufacturing and battery production. For automotive manufacturers such as Tata Motors, Mahindra & Mahindra, Maruti Suzuki and Hyundai Motor India, stronger domestic sourcing could eventually translate into lower battery costs, improved supply reliability and enhanced competitiveness. Since batteries account for nearly 35-45 per cent of an EV's total cost, supply chain localisation could play a pivotal role in making electric vehicles more affordable and accelerating their adoption across the country. As India pursues its ambitious EV targets, building battery cell factories alone may not be enough. Creating a comprehensive supply chain for battery materials and components will be equally important. If implemented effectively, the proposed ₹12,000 crore scheme could become a key milestone in India's journey towards establishing a globally competitive EV supply chain and emerging as a major hub for advanced battery manufacturing.
