Two-wheeler sales in India will surpass pre-Covid peak either this fiscal year or the next, Sudarshan Venu, managing director at TVS Motor Company, said, indicating a broad-based revival in the …
Elon Musk’s Tesla can apply for incentives under the National Programme on Advanced Chemistry Cells (ACC) Battery Storage, Minister of State for Heavy Industries, Krishnan Pal Gurjar informed the Rajya …
NEW DELHI: The Niti Aayog has proposed a host of fiscal and non-fiscal incentives, including extension of the production-linked incentive scheme to vehicles run on liquified natural gas and setting …
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 …
India’s production-linked incentive (PLI) scheme for manufacturing IT hardware has got a new boost. A recently approved beneficiary of the government, Noida-based Sahasra Group, has booked its first order to …
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 …
Production of the first set of advanced chemistry cell batteries in India is likely to commence by January 2024, Union Minister Mahindra Nath Pandey said on Tuesday. In May 2021, …
NEW DELHI: The government so far is not looking to frame a separate policy for providing incentives to US-based electric car maker Tesla, and the company can apply to avail …
In March, India announced a list of battery makers that would receive a coveted state subsidy. Locally manufactured cells for electric vehicles would trigger almost $6 billion in investments, build …