Last year, the FAME scheme had received Rs 2,058 crore, down from Rs 3,921 crore the year before, indicating a gradual ...

Alongside this, the government has introduced a Clean Tech manufacturing support programme. As part of this, customs duty exemptions now cover 35 additional capital goods essential for EV battery ...

Industry leaders have largely welcomed the government’s emphasis on domestic manufacturing, customs duty exemptions, and ...

One of the most pressing concerns in the EV industry is the inverted GST structure. Currently, manufacturers procure electrical components at 12 per cent and 18 per cent GST and mechanical parts at 28 ...

Government initiatives, including the FAME and Production Linked Incentive (PLI) schemes, have bolstered local manufacturing and competitiveness. PM E Drive underscores India's policy dedication to ...

As the Union government gears for the Union Budget 2025-26 players in electric Vehicles EVs have urged Finance Minister ...

As the Union Budget 2025-26 approaches, the electric vehicle (EV) sector calls on Finance Minister Nirmala Sitharaman to ...

The Economic Survey 2024-25 called for increased R&D in advanced battery technologies to boost India's EV ecosystem.

Further, experts believe that technology development will play a crucial role in speeding up the growth of the electric ...