The ACC PLI programme is presently being speared by the Ministry of Heavy Industries. Deliberations are also underway within the government to cede administration for some of the battery PLI supports to the Ministry of New and Renewable Energy.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings