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Govt meets industry to accelerate rollout of electric buses and trucks

NEW DELHI, May 20 -- The Union heavy industries ministry on Wednesday held a meeting with electric bus and truck makers, fleet operators as well as banks to identify challenges in rolling out these ve... Read More


Govt extends Rs.7,280 cr rare earth scheme deadline to June 29

NEW DELHI, May 16 -- The Union heavy industries ministry has extended by a month the bid submission deadline for its Rs.7,280 crore incentive scheme to set up five rare earth magnet manufacturing plan... Read More


Mint explainer: why is the Centre subsidizing public EV chargers - and can it end India's range anxiety?

New Delhi, May 15 -- Two days after Prime Minister Narendra Modi urged higher adoption of electric vehicles (EVs) and reduced fossil fuel use amid the ongoing West Asia war, the ministry of heavy indu... Read More


Govt extends Rs.7,280 crore rare earth magnet scheme deadline by a month to 29 June

NEW DELHI, May 15 -- The Union heavy industries ministry has extended by a month the bid submission deadline for its Rs.7,280 crore incentive scheme to set up five rare earth magnet manufacturing plan... Read More


Govt clears Rs.503 cr disbursal for EV chargers under PM E-Drive scheme

New Delhi, May 12 -- The heavy industries ministry has cleared disbursal of Rs.503.86 crore for the installation of 4,874 public electric vehicle (EV) charging stations under the flagship PM E-Drive s... Read More


Small businesses bagged nearly 50% of central govt orders in FY26. Here's what the data hides.

New Delhi, May 6 -- The central government's procurement from micro and small enterprises (MSEs) rose 21% to Rs.1.14 trillion in FY26, according to the MSME Sambandh portal. This surge meant smaller f... Read More


Tata Power's Bhutan hydro project gets $515 mn World Bank nod

New Delhi, May 5 -- The Bhutan government and the World Bank on Tuesday signed financing agreements worth $515 million for the 1,125 megawatt Dorjilung Hydroelectric Power Project being developed by a... Read More


What do new E-truck localization conditions mean for the industry?

New Delhi, May 4 -- On 29 April, the Centre issued guidelines requiring electric truck makers to localize components such as battery management systems and vehicle control units to qualify for incenti... Read More


Govt mulls partial credit guarantee, interest subvention support for pvt sector electric bus, truck adoption

New Delhi, April 29 -- The heavy industries ministry is mulling ways to help private bus and truck operators finance electric vehicles, through loan guarantee schemes and interest subsidies, as the go... Read More


India moves to ratify 100% ethanol as vehicle fuel under motor vehicle rules

NEW DELHI, April 29 -- The Centre on Wednesday proposed allowing vehicles to run on 100% ethanol (E100) by amending the Central Motor Vehicle Rules, 1989, marking a step towards positioning ethanol as... Read More