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Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India

On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more

Will exports turn positive amid Red Sea crisis?

Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead more

Raychem RPG's 'Make in India' boosts electricity projects

This success will enhance the acceptability of Raychem RPG’s 245kV cable accessories not only in the Indian markets but also in SAARC countries, namely Bangladesh, Nepal, and SrilankaRead more

RECPDCL, BHEL sign MoU to create SPV for large-scale RE projects

The SPV will focus to cater energy requirement of preferably the commercial and industrial (C&I) segment with initial capacity of 1 GW which would further be scaled upRead more

Government approves new EV policy to attract big investment in manufacturing

As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more

Arvind Kakru to Head Schneider Electric's Industrial Automation in Greater India Zone

Arvind brings over 28 years of extensive experience, having demonstrated strong fiscal, strategic, and operational leadership throughout his careerRead more

Haier Aims to rise as second largest player in Indian market

Haier India, which is growing with a 25 per cent CAGR (Compound Annual Growth Rate) for the last six years, expects to close this fiscal with a topline of Rs 8,500 crore and expects to touch the Rs 10,000 crore-mark in FY25Read more

Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant

The company, which has been set up by the founders of Hyderabad-based Gayam Motor Works, is positioning itself as a significant player in the global EV marketRead more

ICAT awards first automotive PLI certificate to Ola Electric Technologies

This milestone achievement depicts the progress being made in the Indian automotive industry towards localised production of advanced automotive technology products and incentivising investments in the Automotive sectorRead more

Tata Motors to demerge into two separate listed companies

The two separate listed companies will be for Commercial Vehicles and Passenger Vehicles (including PV, EV and Jaguar Land Rover) businesses.Read more

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