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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
India aims for $1 trillion exports by 2030, focus on electronics, RE, EVs
The surge is attributed to the export of Samsung and Apple phones, with smartphone exports reaching $10.9 billion in FY 23, marking an 88.9% increase from April to August.Read more
West Bengal opens doors to foreign investments in EV
The event, organised by the British Deputy High Commission in Kolkata in collaboration with the Bengal Chamber of Commerce and Industry, saw the participation of 11 UK-based companiesRead more
TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025
Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more
CESL invites bids for 3,600 e-Buses, infra development under PM-eBus Sewa
The deadline for bid submissions is December 14, 2023, with bids set to be unveiled on the same day. Prospective bidders are required to submit a non-refundable tender fee of Rs 25,000 ($299.9).Read more
Toyota expands manufacturing in Karnataka with Rs 3,300 cr investment
This new facility, boasting a capacity of 100,000 units, will be situated approximately 35km from Bengaluru and has the potential to generate employment opportunities for up to 2,000 individuals.Read more
IITs achieve robust placements despite job market challenges
IIT students have received pre-placement offers (PPOs), guaranteeing job placements for those who accept them. These offers have been extended before the official start of final placements.Read more
Talbros Automotive secures Rs 580 cr new business, including major EV order
A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more
Indian govt considers exempting key EV components from localisation norms
However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more
Eicher launches non-stop series: Revamped heavy-duty trucks for construction, Infra
These long-haulage trucks are tailored for transporting various loads such as cement, tanker, steel, bulker, and market goodsRead more