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ministry of heavy industries

FAME-II subsidies extended for four months? Here’s what Govt has to say!

by Adesola Mojo
FAME-II subsidies extended for four months? Here’s what Govt has to say!

On Wednesday, there were several media reports claiming that the central government has granted a temporary four-month extension to the flagship scheme to boost electric mobility, the FAME-II. As per …

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Categories Automobile

FAME-II EV Subsidies Get Major Rs 1,500 Crore Boost: Availability Details |

by Adesola Mojo
FAME-II EV Subsidies Get Major Rs 1,500 Crore Boost: Availability Details |

The Ministry of Heavy Industries (MHI) has announced a significant boost to the funds allotted to the FAME-II (Faster Adoption and Manufacturing of Electric Vehicles in India) subsidies for green …

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Categories Automobile

pli: Automobile industry will contribute to India’s rise as third largest economy

by Adesola Mojo
pli: Automobile industry will contribute to India’s rise as third largest economy

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 …

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Categories Automobile

Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

by Adesola Mojo
Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

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 …

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Categories Automobile

PLI scheme: Centre extends auto PLI by a year

by Adesola Mojo
PLI scheme: Centre extends auto PLI by a year

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 …

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Categories Automobile

Self-reliant India for automotive electronics needs us to become ‘Vocal for Local’: Govt

by Adesola Mojo
Self-reliant India for automotive electronics needs us to become ‘Vocal for Local’: Govt

In a bid to advance the vision of a self-reliant India (Atmanirbhar Bharat), the Ministry of Heavy Industries (HMI) held a discussion on the topic “From Local to Global India …

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Categories Automobile

tata motors: Tata Motors receives India’s first auto PLI certificate in four-wheeled goods vehicle category

by Adesola Mojo
tata motors: Tata Motors receives India’s first auto PLI certificate in four-wheeled goods vehicle category

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 …

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Categories Automobile

India Battery Manufacturing Vision aims 500 GWh annual capacity by 2035; to bring USD 35 bn investments

by Adesola Mojo
India Battery Manufacturing Vision aims 500 GWh annual capacity by 2035; to bring USD 35 bn investments

New Delhi – Industry body India Energy Storage Alliance (IESA) on Friday unveiled its ‘India Battery Manufacturing Vision‘ targeting over 500GWh capacity by 2035, having potential to create over 2.6 …

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Categories Automobile

Okaya EV, Bluwheelz to deploy 5,000 electric two-wheelers: Here’s why

by Adesola Mojo
Okaya EV, Bluwheelz to deploy 5,000 electric two-wheelers: Here’s why

Electric two-wheeler manufacturer Okaya EV has inked a pact with logistics company Bluwheelz. As part of the partnership, the duo aims to deploy 1,000 electric two-wheelers in the last-mile logistics …

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Categories Automobile

India’s automotive industry poised to rank number 3 in world by 2030: Govt

by Adesola Mojo
India’s automotive industry poised to rank number 3 in world by 2030: Govt

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 …

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Categories Automobile
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