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Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability

This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more

Govt set to roll out auto incentives in next FY, posing challenges for electric vehicle leaders

Despite initial skepticism from automakers about meeting the incentive claim process within the current year, the scheme, first notified in 2021, is expected to bring certainty to its 67 autoparts-making applicants.Read more

Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations

The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more

Koppu Sadashiv Murthy appointed Chairman and MD of BHEL

The decision was made during the board meeting held on October 30. The Ministry of Heavy Industries communicated the approval from the Appointment Committee of the Cabinet (ACC) to BHEL.Read more

Indian govt develops Rs 120 bn PLI scheme for heavy machinery in mining, construction

Ministry of Heavy Industries is presently soliciting input from the industry regarding the scheme's product scope, implementation strategy, and the extent of incentives it should offer.Read more

India pursues unified battery-swapping standards for Electric Vehicles

NITI Aayog, the government's public policy think tank, has urged the Ministry of Heavy Industries to convene a meeting involving industry stakeholders.Read more

Indian govt removes mandatory human safety tests for EV Batteries

According to the latest guidelines issued by the Ministry of Heavy Industries, adherence to the prevailing EV battery testing standards established by MoRTH is now the sole requirement for availing incentives.Read more

India has moved up with two spots in machine tool production worldwide

Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more

Indian auto industry discusses changing dynamics of global trade policies

SIAM organizes the Auto Trade Dialogue at Auto Expo 2023 on the fourth day, foreign delegates discuss dynamics of Global Automotive Trade Policies with Indian industrialist and policy makersRead more

Why rugged tablets are needed in harsh factory environment

Factories have harsh operating environments that normal devices would not survive in. Rugged tablets are engineered to withstand drops, shocks, spills, vibration, dust as well as oil and grease found in manufacturing floor space, say Rick Hwang.Read more

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