As the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities

The report, submitted by the panel earlier this month, counters findings of an earlier probe by a joint secretary in the Ministry of Heavy ...

The move comes in the backdrop of the Centre considering measures to recover money from three companies who allegedly availed sops wrongful...

Time is running out to purchase an electric scooter with FAME subsidies. Ather Energy, Okaya, and Ola Electric offer exclusive discounts. A...

The Centre is considering legal action against Hero Electric, Okinawa Autotech, and Benling India for not repaying the subsidies they wrong...

To give a further push to clean mobility in the country, the Ministry of Heavy Industries has announced that the outlay of the Faster Adopt...

The Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead re...

Earlier this year, the government had already reduced the subsidy, which resulted in a decrease in the demand for electric two-wheelers. Ho...

The implementation of the FAME India scheme had hit a roadblock after instances of OEMs falsely availing subsidies by selling vehicles with...

Almost half of the electric two-wheelers sold under the Indian government's FAME-II scheme, valued at INR10,000 crore ($1.35bn), were sold ...

The probe found the EV two-wheeler firms breached the localisation programme they had committed to, said the people. The recovery notices w...

At least six new CMVR certified electric two-wheeler models of makers such as Hero Electric, Bgauss and others are waiting for months to be...

Several industry bodies have made representations to the Ministry of Heavy Industries (MHI) on this demand, said a senior government offici...

Under the Rs 10,000-crore Faster Adoption and Manufacturing of (hybrid and) Electric Vehicles in India (FAME India) scheme, EV makers can o...

The Ministry of Heavy Industries last year halted giving sops as part of a EV promotion scheme to multiple companies like Hero Electric and...

The Ministry of Heavy Industries (MHI) has begun the process to ascertain the quantum of subsidy used by manufacturers without adhering to ...

The subsidy was meant to make domestically manufactured EVs cheaper for end consumers. A key goal of the FAME scheme is to establish and bo...