# Battery makers may get 50% capital subsidy

> India's government plans up to 50% capital subsidies for battery component makers to boost local production.
- Title: Battery makers may get 50% capital subsidy | Shortify
- Summary: India's government plans up to 50% capital subsidies for battery component makers to boost local production. India may offer up to 50% capital subsidies to…
- Keywords: battery component makers, capital subsidy, india, ministry of heavy industries, pli scheme, battery materials, electric vehicles, copper foil, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/renewables/battery-component-makers-may-get-up-to-50-capital-subsidy-pli-scheme/articleshow/135549700.cms
- Author: Twesh Mishra
- Published: 2026-11-04T19:08:00+00:00
- Read time: 1 min
- Topics: battery component makers, capital subsidy, india, ministry of heavy industries, pli scheme, battery materials, electric vehicles, copper foil
## Government considers capital subsidies
The ministry of heavy industries is considering capital subsidies of up to 50% to accelerate domestic manufacturing of battery materials and components.
## Three subsidy models proposed
The ministry weighs three support models: 25% capital subsidy with 5-18% sales incentives, 11-37% sales incentives over five to seven years, or 50% capital subsidy with investment disbursement.
## Target for 2032
The immediate goal is building domestic component manufacturing capacity to support at least 50 GWh of annual cell production by 2032.
## Components covered
The incentives will cover lithium iron phosphate and nickel manganese cobalt cathode materials, natural and synthetic graphite anode materials, electrolytes, separators and battery-grade copper foil.
## Cost disadvantage
Indian manufacturing costs are 18% to 61% higher than landed Chinese benchmark prices for battery components.
## Copper foil supply issue
Chinese companies account for 80% of global copper foil capacity, with South Korean manufacturers holding 20% share.
## Key takeaway

India may offer up to 50% capital subsidies to battery component manufacturers to reduce import dependence and build domestic supply chains by 2032.