IIT Madras professor Ashok Jhunjhunwala has called for a review of India’s PLI (production-linked incentive) scheme, arguing that it favours established players over startups developing new technologies.PLI should be opened to smaller companies, with incentives tied to meaningful domestic value addition rather than the ability to make large upfront investments, Jhunjhunwala said in a chat with ET. The green energy expert serves as chairman of
