Ministry of Heavy Industries Archives

Government Reduces Electric Vehicle Subsidy to 15% Amidst Growing EV Market; Implements 2 PLI Schemes to Boost Export

Bureau The News HashtagFebruary 9, 202402 mins

New Delhi: In a strategic move to align with the surging growth of the Electric Vehicle (EV) market, the Indian government has slashed the subsidy for electric two-wheelers (e-2Ws) under the FAME India Scheme Phase-II.

Ministry of Heavy Industries Hosts Auto PLI Conclave to Boost Automotive Manufacturing

Bureau The News HashtagJanuary 17, 202402 mins

New Delhi: The Ministry of Heavy Industries (MHI) orchestrated a significant Auto PLI Conclave at Bharat Mandapam, Pragati Maidan, New Delhi, to shed light on the pivotal aspects of the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry.