On May 14, the Union Cabinet of India approved the establishment of one more semiconductor unit under the India Semiconductor Mission. It is a joint venture of HCL and Foxconn. Together, they will set up a plant near Jewar airport in the Yamuna Expressway Industrial Development Authority or YEIDA.
This plant will man

On May 6, the United Kingdom and India concluded talks on a comprehensive Free Trade Agreement (FTA) that is set to benefit the automotive sectors in both countries. 
As part of the agreement, after staging over 10 years, India will eliminate tariffs on 85% of tariff lines covering 66% of existing UK exports. The dea

On May 6, the Society of Motor Manufacturers and Traders (SMMT) issued a statement saying that it welcomes the signing of a UK-India Free Trade Agreement, which is a result of more than three years of complex negotiations. It will deepen trade and investment links between the two countries, especially in the automoti

On April 7, 2025, the Automotive Research Association of India (ARAI), operating under the Ministry of Heavy Industries, announced the inauguration of its new office-cum-vehicle testing facility at the Vehicle Evaluation Laboratory (VEL) within the NATRAX campus in Indore. The facility was officially inaugurated on A

On April 7, the Ministry of Electronics and Information Technology (MeitY) announced the signing of multiple technology commercialization agreements under the National Mission on Power Electronics Technology (NaMPET) at Electronics Niketan, New Delhi.
One of the key highlights was the Wireless Charger for EVs: A 1.5k

Announced on March 3, 2025, the Thai Minister of Industry has met with the Vice Chairman of the National Institution for Transforming India Aayog (NITI Aayog) and senior executives of the Indian Commission to discuss the direction of industrial cooperation between Thailand and India. 
The representatives of both side

On March 4, Ola Electric announced that its wholly owned subsidiary, Ola Cell Technologies Private Limited (OCTPL), has received a notice from IFCI Limited regarding the non-achievement of Milestone-1 under the Production Linked Incentive Advanced Chemistry Cell (PLI ACC) scheme. The Ministry of Heavy Industries had

On March 4, Reliance Industries Limited announced that its step-down, wholly owned subsidiary, Reliance New Energy Battery Storage Limited (RNEBSL), has requested an extension of time to achieve Milestone 1 under the performance-linked incentive (PLI) scheme for advanced chemistry cell (ACC) manufacturing.
RNEBSL rec

On February 28, the second meeting of the EU-India Trade and Technology Council (TTC) took place in New Delhi. Both sides agreed on joint research cooperation through exceptionally coordinated calls on the recycling of batteries for electric vehicles (EVs), marine plastic litter, and waste-to-hydrogen.
The estimated

On February 19, the Mineral Exploration and Consultancy Limited (MECL), a PSU under the Ministry of Mines, and the Provincial Government of Catamarca, Argentina, signed a Memorandum of Understanding (MoU) for deeper collaboration in exploration and resource development of critical minerals. This collaboration is expe

On February 17, the Ministry of Heavy Industries (MHI), Government of India, signed an agreement with Reliance New Energy Battery Limited (a subsidiary of Reliance Industries Limited) under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC).
This agreement awards Reliance New Energy Batter

On February 11, Rajasthan government announced the establishment of an INR 2 billion E-Vehicle Promotion Fund under the Electric Vehicle Policy-2022 to encourage the adoption of electric vehicles (EVs) in the state. 
The policy, aligned with FAME-2, includes provisions for reimbursing the State GST amount and offerin

On February 14, the Karnataka government unveiled its Clean Mobility Policy 2025-2030. The policy targets INR 500 billion in investments across the clean mobility value chain and aims to create 100 thousand new jobs in the sector. As part of the policy, the government has introduced an incentive package offering subs

On February 3, multiple sources reported that the Saudi Minister of Industry and Mineral Resources met with the senior Indian ministers and heads of major Indian companies in New Delhi. He discussed about investment partnership between Saudi Arabia and India. 
Saudi Arabia is working towards localization of the autom

On January 10, the Ministry of Power, Government of India, issued the "Guidelines for installation and operation of battery swapping and charging stations 2024." The guidelines highlighted that the owners of BCS (battery charging station) or BSS (battery swapping station) shall be permitted to use an existing electri

On January 7, the Ministry of Road Transport and Highways (MoRTH) announced initiatives to enhance vehicular safety, pollution control, and transportation infrastructure. Plans include expediting registered vehicle scrapping facilities (RVSFs) and automated testing stations (ATSs), along with standardizing audit and

On January 3, the Union Minister of Commerce & Industry emphasized the need for battery-swapping facilities to coexist with charging infrastructure to accelerate the adoption of EVs (electric vehicles) in India. 
The Minister further emphasized the need for a level playing field with fixed-battery EV manufacturers wh

On December 6, PMI Electro Mobility announced its partnership with Brihanmumbai Electric Supply and Transport (BEST) to supply 250 electric buses. The buses will be 12 meters long, air-conditioned, and delivered in batches by Q2 FY26.
They will operate on Mumbai's routes under the Gross Cost Contract (GCC) model, aim

On November 2, the Ministry of Corporate Affairs, India announced that the Serious Fraud Investigation Office (SFIO) has conducted search operations at three companies engaged in manufacturing electric two-wheelers namely Hero Electric Vehicles Private Limited, Benling India Energy and Technology Private Limited and

On November 10, Union Minister of Power and Housing & Urban Affairs, Government of India launched 'EV as a service' program of Convergence Energy Services Limited (CESL), a subsidiary of Energy Efficiency Services Limited (EESL) at Major Dhyan Chand National Stadium. CESL’s 'EV as a Service' program has a goal of dep