Centre Energizes EV Sector with PLI Approvals

27 Aug 2024 CW Team

The government has approved 50 out of the 74 applications it received from automakers for its productivity-linked incentive (PLI) scheme aimed at boosting electric vehicle (EV) manufacturing. The remaining 24 applications are still under review.

The approvals granted are expected to help the companies partially mitigate the losses they are facing due to low production volumes of EVs. Among the approved applications, Bajaj Auto was the only automaker to receive approvals for all 13 submissions related to its electric scooter, Chetak, and three-wheelers.

Mahindra & Mahindra was granted approval for 16 out of 23 applications, Tata Motors for 15 out of 27, Ola Electric for four out of five, TVS Motor for two out of five, and Eicher, which submitted one application, did not receive approval. This information was revealed through an internal document showing the status of the domestic value addition (DVA) applications. Under the PLI incentive scheme, automakers can receive a government grant of 13-15 per cent of the sales value of EVs within a year. This grant is designed to enhance the company's total revenue and help offset the higher costs associated with new technology investments, thereby narrowing the margin gap between internal combustion engine (ICE) vehicles and EVs.

Infrastructure Urban

05 May 2026

Meghalaya And Assam Hold Talks To End Transport Stoppages In Garo Hills

Meghalaya and Assam have opened talks aimed at ending recent stoppages of commodity transport in the Garo Hills, officials said. The deputy chief minister, in charge of home affairs, reported that both state governments are coordinating to resolve disruptions and to restore normal movement of goods. He acknowledged that misunderstandings may have contributed to the incidents and that clarification between administrative units is under way. The discussions are intended to produce practical arrangements that will allow consignments to move without hindrance while respecting local procedures. The..

Kochi Metro Records 1.375 mn Rise In Passengers In FY26

Kochi Metro recorded a marginal rise in ridership in the financial year 2025-26, carrying 1.375 mn more passengers than in the previous year. The service carried 36.8 million (mn) passengers in 2025-26 compared with 35.5 mn in 2024-25, representing a year-on-year increase of 3.9 per cent. The growth was described as distributed rather than concentrated in isolated spikes. A month-wise analysis shows steady gains across quarters. In the first quarter, ridership increased from 8.57 mn to 8.84 mn, while the second quarter rose from 9.13 mn to 9.51 mn. These trends indicated broad-based improvemen..

Ghaziabad Plans 16km Metro Link To Delhi Via Hindon Airport

Ghaziabad authorities are pursuing a 16 km metro link to Delhi that will run via Hindon Airport, and a detailed project report is under way. The plan is intended to improve connectivity between Ghaziabad and the national capital and to provide an interchange with the airport. Officials said the project is being studied to assess alignments, station locations and cost estimates ahead of formal approvals and tendering. The announcement follows the inauguration of the Delhi?Faridabad metro extension, which will offer hassle free travel for around 0.2 mn daily commuters between the national capita..