Centre Boosts EV Sector with PLI Scheme Approvals

26 Aug 2024 CW Team

The Indian government has invigorated the electric vehicle (EV) sector by approving new Production-Linked Incentive (PLI) schemes. This move is set to drive significant advancements in EV manufacturing and adoption across the country.

The PLI scheme aims to enhance domestic production capabilities, reduce reliance on imports, and encourage innovation within the EV industry. By providing financial incentives to manufacturers, the government hopes to accelerate the growth of EV infrastructure and technology.

This policy is part of a broader strategy to support India's transition to a greener transportation ecosystem. The scheme is expected to attract substantial investments and foster the development of advanced EV technologies, positioning India as a competitive player in the global EV market.

The latest approvals are a testament to the government's commitment to sustainable transportation and its vision of a robust EV ecosystem. As a result, the Indian EV sector is anticipated to experience rapid growth, bolstering both economic and environmental objectives.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..