Govt extends auto PLI scheme by a year, mulls quarterly incentives
More testing agencies will be added to give faster clearances, says Union Minister for Heavy Industries Mahendra Nath Pandey.
auto pli scheme
August 2023
September 2022
April 2022
March 2022
Partnership with Volkswagen critical for EV localisation: M&M
Mahindra & Mahindra believes its partnership with Volkswagen will be the centrepiece of its localisation strategy for battery cells as demand for batteries that power EVs could rise as high as 60 GWh
2022 paints a chaotic, uncertain picture for auto sector despite healthy demand
Indian automakers are struggling to bridge the gap between supply and demand as inflated raw materials jolts them with the semiconductor shortage.
Maruti, Hero, Tata, others invest ₹74,850 cr in PLI scheme for auto sector
95 companies have been chosen for the scheme – 75 for the components part, while the ministry had already approved 20 manufacturers for the vehicles part.
