Tamil Nadu govt is holding talks with the US automaker to explore if its factory there can be converted to a plant manufacturing and exporting electric vehicles, ET reported.
Bajaj was known not only for his boldness, but also his business acumen. His domestically manufactured Chetak Scooter became a household staple for the middle class in the 1970s.
The incentive is a part of the overall announcement of PLI schemes for 13 sectors made earlier during Budget 2021, with an outlay of Rs 1.97 lakh crore, Anurag Thakur said.
In a message to India's auto industry body, PM Modi also said steps are being taken for value chain associated with auto manufacturing so that the industry becomes more productive.
India's emissions curbs, due to take effect next year, are critical for its push to tackle some of the world’s worst air pollution, which costs the country 8.5% of its GDP.
The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between two Chinese state-backed automakers, and American automotive giant General Motors Co.
Putting cleaner vehicles on the roads is key to tackling air pollution problems. According to World Bank calculations, the toxic air costs India as much as 8.5% of its GDP.
Tractor sales in India recorded a 28% y-o-y growth this year, from April to November. Experts attribute the trend to better monsoon, finance availability and lesser expenditure on weddings.
The incentives, spread over 5 years, will be provided to sectors like auto, automobile components, textile products, white goods like LED screens, processed food products, among others.
With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.