The centre will conduct bi-annual inspections to ensure companies getting subsidies under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme are complying with localisation norms. This …
Shares of newly listed Ola Electric Mobility fell 7% to Rs 128.2 in Thursday’s intraday trade on the BSE amid profit booking. The 2-wheeler EV player stock has experienced a …
Ola Electric Mobility shares rose 4.4% to Rs 143.8 in Wednesday’s trade on BSE after the electric two-wheeler maker received certification for production-linked incentive (PLI) benefits for two more of …
Indian automobile industry will have the highest contribution to the country’s rise as the third largest economy, Heavy Industries Minister Mahendra Nath Pandey said Tuesday. Speaking at the auto Production …
The centre has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by a year. A statement from the Ministry of Heavy Industries (MHI) said this decision …
The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial …
The Automotive Research Association of India (ARAI), a research and development body in the automotive sector, awarded Tata Motors with the first auto Production-Linked Incentive (PLI) certificate in the N1 …
New Delhi: India’s automotive industry is poised to rank number three in the world by 2030, with various schemes like the Rs 25,938 crore PLI for Automobile and Auto Components …
The Centre is considering a one-year-extension for the ₹25,938-crore production-linked incentive (PLI) scheme for the automotive sector after none of the participating companies qualified for subsidies in the first year …
The government is likely to allocate up to Rs 50,000 crore for promoting green technologies across various segments of the automobile sector, said people aware of a preliminary draft note …