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Govt meets 20 firms on Rs.7,280-crore rare earth magnets scheme

New Delhi, Jan. 12 -- Union heavy industries minister H.D. Kumaraswamy on Monday chaired a stakeholder consultation with about 20 companies on the Rs.7,280-crore scheme to incentivize manufacturing of... Read More


PMO push may open auto PLI doors to EV startups like Ather, Euler, and River

NEW DELHI, Jan. 12 -- The Union ministry of heavy industries (MHI) is considering including electric vehicle (EV) startups in its flagship production-linked incentive (PLI) scheme for automobile and a... Read More


Of Modi government and its penchant for backronyms while naming its marquee schemes

New Delhi, Jan. 8 -- The National Democratic Alliance (NDA) government has a flair for naming its schemes and laws creatively, often using backronyms-an acronym designed to mimic a word - like Shakti,... Read More


Mint Explainer | What do India's draft battery identity number guidelines mean for EVs?

NEW DELHI, Jan. 8 -- Your electric vehicle (EV) battery could soon have its own Aadhaar number, with the road transport and highways ministry proposing a new 21-digit Battery Pack Aadhaar Number (BPAN... Read More


Waaree Energy Storage raises Rs.1,003 crore to set up 20 GWh lithium-ion battery manufacturing plant

New Delhi, Jan. 5 -- Waaree Energy Storage Services Pvt. Ltd, a subsidiary of clean-energy firm Waaree Energies Ltd, has raised Rs.1,003 crore as part of the Rs.10,000-crore capital expenditure planne... Read More


India's auto sector closes 2025 fractured as fuel-efficiency fight rolls on

New Delhi, Jan. 3 -- Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026-to help you know what to e... Read More


Mint explainer: What does the two-wheeler braking system mandate mean?

New Delhi, Jan. 1 -- India's two-wheeler market has just logged a record year, crossing 20 million units in sales, but the milestone comes with a fresh bout of regulatory uncertainty. Manufacturers ar... Read More


Auto PLI disbursals hit Rs.2,000 crore in FY26, government says

NEW DELHI, Dec. 31 -- The ministry of heavy industries has disbursed about Rs.2,000 crore to automakers and spare part manufacturers in FY26 under the production-linked incentive (PLI) scheme, and wil... Read More


In green mobility, India turns focus to where it matters-electric buses, trucks

New Delhi, Dec. 30 -- Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026-to help you know what to ... Read More


Go big or go home: Battery swapping is coming to electric trucks

New Delhi, Dec. 28 -- Electric trucks are becoming the latest type of vehicle to benefit from battery swapping, which has until now been largely restricted to two- and three-wheelers. Pune-based e-tru... Read More