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OEM INCENTIVE SCHEME
ETMarkets Smart Talk | Defence and electrification are multi-year structural themes for India: Prateek AgrawalGeopolitical shifts and the drive for self-reliance are creating long-term investment opportunities in India's defence and electrification ...
India's chip startups cross from prototype to productionIndian semiconductor startups like Netrasemi, Mindgrove, and Agnit are nearing commercial production, with some already running customer pi...
Zoho-backed chip startup Netrasemi launches its first chip, eyes commercial production next yearThe use cases for A2000 include surveillance through drones and CCTVs, robotics, intelligent video gateways and industrial automation. The ...
Zoho-backed Netrasemi launches first AI chip, begins customer trialsKerala-based Netrasemi, backed by Zoho, has successfully tested its A2000 AI chip, now production-ready for edge devices. Early trials are ...
The next phase of India manufacturing: HDFC AMC’s Rakesh Sethia breaks down real winners in EMS, aerospace & autoIndia's manufacturing sector is transitioning to deep tech localization, fueled by robust domestic demand and government incentives. HDFC A...
Ola Electric in talks to supply battery cells to global automakersOla Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri...
Auto sales jump 13% to 2.61 million units on strong demand tailwindsVehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle cat...
Euler Motors doubles FY26 revenue to Rs 402 crore, losses expandEuler Motors, a commercial EV manufacturer, more than doubled its FY26 revenues to Rs 402 crore, driven by rising EV adoption. Despite wide...
EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
Tata Electronics boosts headcount to 75,000Tata Electronics has significantly expanded its workforce to 75,000, surpassing Foxconn and becoming Apple's largest contract manufacturer ...
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
Panel to examine auto cos' requests for quarterly incentives, more components under PLI: OfficialA government-formed panel, chaired by an Additional Secretary in the Ministry of Heavy Industries, will examine the requests of auto manufa...
Automobile industry will contribute to India's rise as third largest economyThe Ministry of Heavy Industries is overseeing the Rs 25,938 crore Production Linked Incentive (PLI) scheme for Automobile and Auto Compone...
Centre tweaks PLI auto scheme to better support beneficiariesApplicants under scheme had proposed investment of Rs 67,690 crore, of which Rs.10,755 crore has been invested till June-end this year, an ...
Government to soon issue SOPs for Rs 26k crore auto PLI“A draft SOP has been prepared in consultation with the players that were shortlisted,” a senior government official told ET. “Issues regar...
Suzuki, Hyundai, Tata Motors among 20 companies selected for sops under Auto PLI scheme"The Scheme has been a huge success in terms of overwhelming response received with a proposed investment of Rs 45,016 crore from approved ...
PLI scheme for auto sector: List of applications approved under Champion OEM Incentive schemeThe PLI scheme for the automobile sector proposes financial incentives of up to 18% to boost domestic manufacturing of advanced automotive ...
115 companies file applications under PLI scheme for auto sectorThe scheme for the sector was approved with a budgetary outlay of Rs 25,938 crore. It aims at boosting domestic manufacturing of these prod...
View: Here's how auto PLI scheme could give the right impetus to industryThe scheme can be successful only if industry leaders understand its context and intent with an open mind.