On June 10, multiple sources reported that the Union Minister of Commerce and Industry, India, addressing a press conference in Switzerland, stated that China’s curbs on the export of rare-earth magnets are a ‘wake-up call’ which can impact important sectors like the auto industry and consumer goods.
The Indian gover

On June 6, the External Affairs Minister of India, the ministers of Foreign Affairs of the Republic of Kazakhstan, the Kyrgyz Republic, the Republic of Tajikistan, Turkmenistan, and the Republic of Uzbekistan took part in the 4th meeting of the India-Central Asia Dialogue.
The Sides expressed interest in the joint ex

On June 2, multiple sources reported that the Union Heavy Industries Minister stated in a press conference that Tesla is not interested in manufacturing in India. They are interested in starting showrooms in India. He further stated that Mercedes-Benz, Skoda-Volkswagen, Hyundai, and Kia had shown interest in manufact

On June 2, the Government of India approved a scheme to promote the domestic manufacture of passenger cars, with a special focus on electric vehicles (EVs). It will attract investments from global electric vehicle (EV) manufacturers and promote India as a leading manufacturing destination for EVs. 
The approved appli

On May 30, the Automotive Research Association of India (ARAI) announced that Maruti Suzuki India Limited has obtained the CMVR Compliance Certificate for their first electric vehicle, eVITARA – Suzuki's first global strategic BEV model.  Maruti Suzuki India Limited will be the exclusive manufacturer of eVITARA for t

On May 23, the Transport Minister of Maharashtra State, in a social media post, announced that the company responsible for supplying 5150 electric buses on a rental basis has been found inactive, and instructions were given to cancel the tender agreement with this company.
A revised schedule was given to the concerne

On May 22, the Union Minister for Heavy Industries and Steel chaired a meeting on the rollout of electric buses under the PM e-Drive Scheme. Following detailed deliberations, the Ministry of Heavy Industries has assured that approximately 4,500 electric buses will be provided to Bengaluru, 2,000 to Hyderabad, 2,800 t

On May 21, the Ministry for Heavy Industries chaired a inter-ministerial coordination meeting to review and accelerate the implementation of EV charging infrastructure under the PM E-Drive scheme. With a financial outlay of INR 20 billion, the PM E-Drive scheme will support the installation of approximately 72,000 EV

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