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The contract has been signed with three businesses.
A provisional list of 23 PLI beneficiaries was released on July 6, 2022
EVs witnessed robust demand on the back of new launches in 2021
SKF Group registered a turnover of Rs 69,811 crore in 2021
Govt approved PLI scheme to boost India’s manufacturing capabilities
PLI scheme to enhance automobile, auto component sectors in India
Most vehicles in India will operate on 100% ethanol
The EV sector would create around 300,000 direct jobs in the future
Indian economy may grow at similar rates in coming years: Niti CEO
Govt to set up semiconductor & electronic equipment production zone
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