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ministry of heavy industries

pli: Automobile industry will contribute to India’s rise as third largest economy

by Horatio Thompson
pli: Automobile industry will contribute to India’s rise as third largest economy

Indian automobile industry will have the highest contribution to the country’s rise as the third largest economy, Heavy Industries Minister Mahendra Nath Pandey said Tuesday. Speaking at the auto Production …

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PLI scheme: Centre extends auto PLI by a year

by Horatio Thompson
PLI scheme: Centre extends auto PLI by a year

The centre has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by a year. A statement from the Ministry of Heavy Industries (MHI) said this decision …

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Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

by Horatio Thompson
Auto PLI scheme: Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments

The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial …

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tata motors: Tata Motors receives India’s first auto PLI certificate in four-wheeled goods vehicle category

by Horatio Thompson
tata motors: Tata Motors receives India’s first auto PLI certificate in four-wheeled goods vehicle category

The Automotive Research Association of India (ARAI), a research and development body in the automotive sector, awarded Tata Motors with the first auto Production-Linked Incentive (PLI) certificate in the N1 …

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India’s automotive industry poised to rank number 3 in world by 2030: Govt

by Horatio Thompson
India’s automotive industry poised to rank number 3 in world by 2030: Govt

New Delhi: India’s automotive industry is poised to rank number three in the world by 2030, with various schemes like the Rs 25,938 crore PLI for Automobile and Auto Components …

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Centre weighing 1-year extension for auto PLI

by Horatio Thompson
Centre weighing 1-year extension for auto PLI

The Centre is considering a one-year-extension for the ₹25,938-crore production-linked incentive (PLI) scheme for the automotive sector after none of the participating companies qualified for subsidies in the first year …

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automobile sector: Motown Inc may get Rs 50,000cr fuel to drive green technology

by Horatio Thompson
automobile sector: Motown Inc may get Rs 50,000cr fuel to drive green technology

The government is likely to allocate up to Rs 50,000 crore for promoting green technologies across various segments of the automobile sector, said people aware of a preliminary draft note …

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This year, it could be a million e-bikes fame

by Horatio Thompson
This year, it could be a million e-bikes fame

The government is considering promoting the sale of nearly a million electric two-wheelers under its flagship incentive scheme in the current financial year and is ready to step up allocations …

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