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On April 23, the Ministry of Heavy Industries (MHI) received bids from seven bidders under global tender for the re-bidding of Production Linked Incentives (PLI) for 10 GWh (Giga Watt Hou) Advanced Chemistry Cell (ACC) manufacturing. The bidders included ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies
On March 14, CESL floated a tender to invite bids for the selection of a bus contractor for the procurement, supply, and maintenance of 3,132 electric buses and the development of allied electric and civil Infrastructure on a gross cost contract (GCC) model under PM-ebus Sewa Scheme. It has invited e-bids from intere
On March 15, the Ministry of Heavy Industries, Government of India, approved a scheme aimed at promoting India as a manufacturing hub for e-vehicles with the latest technology. Under this scheme, companies are required to invest a minimum of USD 500 million and establish manufacturing facilities within three years, a
On March 13, The Ministry of Heavy Industries introduced the Electric Mobility Promotion Scheme 2024 (EMPS 2024) with the approval of the Department of Expenditure, Ministry of Finance to further accelerate the adoption of EVs in the country. This is a fund-limited scheme with a total outlay of INR 5 billion crore fo
On February 29, the Union Cabinet of India approved the establishment of three semiconductor units under the development of semiconductors and display manufacturing ecosystems in India. The approved three semiconductor units include a semiconductor fab with 50,000 wafer starts per month (WFSM) capacity which will be
On February 20, The Society of Indian Automobile Manufacturers (SIAM) along with the Bangladesh Automobiles Assemblers and Manufacturers Association (BAAMA), the Ceylon Motor Traders' Association, Sri Lanka (CMTA), and the NADA Automobiles Association of Nepal (NADA), formed a South Asian Automobile Forum at the side
On February 9, the Ministry of Heavy Industries announced that the outlay of FAME India scheme Phase II has been enhanced from INR 100 billion to INR 115 billion under FAME India scheme Phase II. The revised outlays for electric two-wheelers now stood at INR 53.11 billion, electric three-wheelers at INR 9.87 billion,
On February 5, the Government of India during the Budget 2024-25 announced the outlay of major schemes and budget estimates for 2024-25. It mentioned that the scheme for faster adoption and manufacturing of (hybrid and) electric vehicles in India - (FAME - India) estimated budget is kept at INR 26.71 billion from the
On February 1, India’s Union Minister for Finance & Corporate Affairs announced a plan to boost the electric vehicle (EV) ecosystem, while presenting the Interim Budget 2024-25. The initiative will focus on both manufacturing and charging infrastructure, aiming to fortify and broaden the landscape for EVs.
The govern
On January 24, The Ministry of Heavy Industries (MHI) announced the re-bidding of production-linked incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. With the bidding process, prospective applicants can submit their bids to set up a domestic manufacturing facility for ACC, which will help them
On Jan 18, The Union Cabinet of India approved the Memorandum of Understanding (MoU) signed on November 21, 2023, between the Government of the Republic of India and the European Commission on working arrangements on semiconductors ecosystems, its supply chain and innovation under the framework of EU-India Trade and
On January 15, the Ministry of Mines, Government of India signed an agreement between Khanij Bidesh India Limited (KABIL) and the state-owned enterprise of Catamarca province of Argentina CATAMARCA MINERA Y ENERGÉTICA SOCIEDAD DEL ESTADO (CAMYEN SE) at Catamarca, Argentina. This is the first ever lithium exploration
On January 1, the Ministry of Heavy Industries announced the extension of the tenure of the production-linked incentive (PLI) scheme for automobile and auto components by one year. The Ministry has made partial amendments to the PLI scheme.
Under the amended scheme, the incentive will be applicable for a total of fi
On December 8, the Ministry of Road Transport and Highways (MoRTH) issued a notification mandating the installation of an air-conditioning system in the cabins of motor vehicles belonging to categories N2 and N3, manufactured from October 1, 2025. The performance testing of the cabin fitted with an air-conditioning s
On December 5, The Ministry of Heavy Industries (MHI) announced that under the Phase-II of Fame India scheme, a subsidy amounting to INR 52.28 billion has been given to electric vehicle manufacturers on sale of 1.15 million electric vehicles as of December 1. It mentioned that a total of 1,016,887 two-wheelers, 121,3
On December 4, FICCI (Federation of Indian Chambers of Commerce & Industry) announced that it submitted a proposal to the Ministry of Heavy Industries, Govt of India for the continuation of the FAME scheme for the next 5 years, with a review at the end of 3 years. The period for the current FAME II scheme is till Mar
On November 29, the Ministry of Mines launched the first tranche of e-auction of critical and strategic minerals. A total of 20 critical mineral blocks will be auctioned in the first tranche, out of which 16 mineral blocks are put up for grant of composite license and four mineral blocks for grant of mining lease. It
On November 17, Convergence Energy Services Limited (CESL), a subsidiary of Energy Efficiency Services Limited (EESL), floated the proposal for the selection of a bus operator for the procurement, supply, operation, and maintenance of 3,600 electric buses and development of allied electric and civil infrastructure on
On November 21, The Minister for Industries, Government of Tamil Nadu at the India EV Conclave 2023 announced that the State is aiming for a thriving EV sector with INR 500 billion investments while generating 150 thousand jobs.
The minister emphasized inculcating 'Climate Common Sense' and mentioned that it plans t
On October 31, Automotive Research Association of India (ARAI) awarded the first Auto PLI certificate in N1 Category (4W - Goods) to Tata Motors Ltd. (TML), following the meticulously defined SOP (standard operating procedure) of the Automotive PLI (production-linked incentive) scheme by Ministry of Heavy Industries