Search result for 'mhi'

Lohum invests Rs 500 cr in UP rare earth magnet facility. Boosts Indias self-reliance in critical minerals for EV, renewable energy.

Mercedes-Benz India CEO discusses the SPMEPCI scheme's potential to attract foreign EV investment and boost India's electric vehicle market. New AMG GT models also launched.

Mitsubishi Heavy Industries has acquired a 2% stake in Infosys-led Joint Venture HIPUS for JPY 150 million, aiming to explore new business opportunities. The investment is expected to close in Q1...

India's electric vehicle market booms with over 13 lakh electric two-wheelers and three-wheelers sold in FY25. Government initiatives like PM E-DRIVE drive growth.

Azad Engineering inaugurates a new lean manufacturing facility in Telangana, partnering with Mitsubishi Heavy Industries. The facility will employ 200 skilled professionals and contribute to...

Reliance Industries penalized for failing to meet the deadline for setting up a battery cell plant in India, receiving a Rs 3.1 crore penalty. The company seeks an extension for achieving the...

India's Consumer Affairs Secretary urges all ministries to prioritize Indian standards, emphasizing the importance of Quality Control Orders (QCOs) for boosting domestic market and curbing...

India's Ministry of Heavy Industries approved Rs 246 crore PLI incentive claims from Mahindra ''M and Tata Motors for their electric vehicle production. The scheme aims to boost India's...

The SFIO has conducted searches at Hero Electric, Benling, and Okinawa for allegedly fraudulently claiming Rs 297 crore in subsidies under the FAME II scheme.

The Ministry of Heavy Industries (MHI) has asked ARAI for details on consumer complaints against Ola Electric, a beneficiary of FAME II and PM E-DRIVE schemes.

India's PM E-DRIVE scheme offers subsidies of up to ₹10,000 for electric two-wheelers and ₹25,000 for e-rickshaws in the first year. Learn more about the incentives and eligibility.

New safety regulations for machinery and electrical equipment in India are expected to impact MSMEs, delaying imports and affecting domestic production. GTRI suggests extending compliance timelines...

Indian stock markets edged higher despite volatile trading, driven by blue-chip gains and anticipation of Fed Chair Powell's Jackson Hole speech.

Hero Electric, Okinawa, and Benling India could be blacklisted from all government schemes for failing to return benefits wrongly claimed under the FAME-II scheme.

India's government is finalizing detailed guidelines for companies investing in electric vehicles, including import licenses, investment commitments, and duty concessions. The policy aims to...