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The FAME Scheme was launched to give a major boost to the development and adoption of electric vehicles in the country.Read more
Domestic sales for three-wheelers reached 59,073 units in July 2024, marking a 5.1% year-on-year increase, while two-wheeler sales surged to 1.44 million units, reflecting a 12.5% growth. Read more
Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more
Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more
The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more
Tata Passenger Electric Mobility, a subsidiary of Tata Motors, had acquired the Sanand facility from Ford India for Rs 725.7 crore in January of the previous year.Read more
This ambitious initiative aims to revolutionise the public transport system, contribute to environmental sustainability efforts, and promote the growth of the electric vehicle (EV) sector in India.Read more
The Crisil Ratings report emphasises the government's commitment to overall decarbonisation, with a primary emphasis on public transport as a key facilitator.Read more
The reduction in government subsidies for electric vehicles has led to a decline in the sales of electric two-wheelers, though there are indications of sales stabilising.Read more
The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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