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Government considers legal action against three firms for FAME subsidy recovery
The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more
Government’s E-vehicle Policy and its impact on Indian markets
The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more
Jindal Stainless teams up with JBM Auto for energy-efficient electric buses
JBM Auto is also working towards transitioning its export orders for electric buses, into energy-efficient stainless steel buses. The material will be supplied through Jindal Stainless’ domestic service arm specialising in customisation and value addition, Jindal Stainless Steelway Limited Read more
Tata Motors opens vehicle scrapping facility near Delhi
Re.Wi.Re. is a cutting-edge facility, purpose-built for dismantling end-of-life passenger and commercial vehicles across all brands, with a focus on employing environmentally friendly practicesRead more
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
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
India's industrial output up by 3.8% in January
The major boost to manufacturing came from motor vehicles, trailers and semi-trailers, transport equipment as well as furniture, which may be linked with performance of the housing sectorRead 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
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