Kerala-based Netrasemi, backed by Zoho, has successfully tested its A2000 AI chip, now production-ready for edge devices. Early trials are ...

India's manufacturing sector is transitioning to deep tech localization, fueled by robust domestic demand and government incentives. HDFC A...

Ola Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri...

Vehicle 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, a commercial EV manufacturer, more than doubled its FY26 revenues to Rs 402 crore, driven by rising EV adoption. Despite wide...

Electric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...

Tata Electronics has significantly expanded its workforce to 75,000, surpassing Foxconn and becoming Apple's largest contract manufacturer ...

India’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...

Global brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...

A government-formed panel, chaired by an Additional Secretary in the Ministry of Heavy Industries, will examine the requests of auto manufa...

The Ministry of Heavy Industries is overseeing the Rs 25,938 crore Production Linked Incentive (PLI) scheme for Automobile and Auto Compone...

Applicants 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 ...

“A draft SOP has been prepared in consultation with the players that were shortlisted,” a senior government official told ET. “Issues regar...

"The Scheme has been a huge success in terms of overwhelming response received with a proposed investment of Rs 45,016 crore from approved ...

The PLI scheme for the automobile sector proposes financial incentives of up to 18% to boost domestic manufacturing of advanced automotive ...

The scheme for the sector was approved with a budgetary outlay of Rs 25,938 crore. It aims at boosting domestic manufacturing of these prod...

The scheme can be successful only if industry leaders understand its context and intent with an open mind.