ministry of heavy industries

The government is likely to make it comparatively easy for automakers to avail benefits under the ₹25,929-crore production-linked incentives (PLI) scheme for automobiles and auto…
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The domestic automobile industry is scaling up efforts to enhance localisation of electronic components in order to curtail dependence on other countries, especially China, as per auto…
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The Production-Linked Incentive scheme for automobile and auto components has managed to attract a proposed investment of worth Rs 67,690 crore against the target estimate of investment…
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Electric vehicle (EV) and battery makers have been hit by recent rules on battery safety and local value addition as the shorter timeline to certify their products could affect…
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State-owned Convergence Energy Services has tied up with fintech firm specialised in electric vehicle finance Three Wheels United for procurement of 70,000 electric three-wheelers in…
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Sundram Fasteners, the South India based leading auto component major, has received approval from the Government of India for its application under the Production Linked Incentive…
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Automotive components manufacturer Sundram Fasteners Ltd has said in a release it has qualified for incentives from the Heavy Industries ministry for its proposed investments in making…
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India’s flagship electric vehicles (EV) promotion scheme Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-2)’s website has been under maintenance since March 21,…
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Maruti Suzuki, Hero MotoCorp, Bosch, Lucas-TVS, Mitsubishi Electric, Motherson Sumi, Tata Autocomp, and Toyota Kirloskar are among the 75 companies that have secured an approval under…
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