Key PLI Schemes Bring Significant Boost To Local EV Manufacturing In India
To bolster the domestic electric vehicle (EV) manufacturing, the government’s production-linked incentive (PLI) scheme with an approved outlay of Rs 25,938 crore, along with some other key initiatives, have brought a significant change for the industry. The Centre has already…
India’s Renewable Energy Targets And Outlook On EV
Green growth is one of the seven key priorities of the Union Budget. The government has introduced a number of initiatives like the Green Hydrogen Mission, Green Credit Program, PM-PRANAM, GOBARdhan Scheme, Bhartiya Prakritik Kheti Bio-Input Resource Centers, etc. to…
The Cabinet Approves Auto PLI Scheme For Electric Vehicles And Hydrogen Fuel Cell Vehicles
The Union Cabinet approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India’s manufacturing capabilities, Union Minister Anurag Thakur said. The PLI scheme will incentivize the emergence of advanced automotive technologies’…
