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Government to launch FAME III scheme within two months

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

India’s window to curb its carbon emissions looks increasingly hard to achieve

Over $12 trillion in investment and spending is required for BNEF’s Net Zero Scenario, 34% more than the baseline Economic Transition Scenario. Read more

Minda Corp signs TLA with Sanco to offer EDS solutions for EVs

Under this agreement, Minda Corp & Sanco will locally develop EV connecting systems, charging gun assemblies with sockets and accessories, bus bars, cell contact systems, Power Distribution Units (PDU) and Battery Distribution Units (BDU).Read more

Ramkrishna Forgings approves Rs 575 million aluminium forging project investment

Once operating at full capacity, the project is projected to generate an additional Rs 1.75 billion in annual revenue for the company.Read more

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

India's global FDI share drops to 2.1% in 2023

Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.Read more

India’s multimodal transport event Prawaas 4.0 wraps with impactful engagement

This edition of Prawaas promoted an Inclusive Mobility Culture attracting over 6153 operators, 171 exhibitors, 106 speakers, 15 sessions and over 40,000 Expo footfall from 28 states and 8 Union Territories to the 3-day event.Read more

AIIMS to establish medical device centre in collaboration with Osaka University

The AIIMS administration has now requested a budget of Rs 3 billion from the Union Health Ministry, with the land for the centre already finalised and the government providing in-principle approval.Read more

Jitendra EV adopts LECCS connector to increase accessibility to charging infra

With the adoption of LECCS, Jitendra EV’s JMT 1000 SW model will be utilising the fast-charging stations on AtherGrid. Read more

Evolution of India's EV charging infrastructure

The debate between EVs and gasoline vehicles often revolves around cost per kilometer, with EVs having a clear advantage.Read more

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