Union Government notified regarding the Production Linked Incentive (PLI) Scheme for Automobile & Auto components on September 23, 2021. Highlights Earlier government had approved the PLI Scheme for...
Union Cabinet has approved a Rs. 26058 crore production linked incentive (PLI) scheme on September 15, 2021, for auto, auto-components and drone industries in order to enhance India’s...
On November 11, 2020, the Union Cabinet chaired by PM Narendra Modi approved Production Linked Incentive Scheme for ten sectors. The schemes are worth of Rs 1.46 lakh...
As per the data released by the Society of Indian Automobile Manufacturers (SIAM), the sales of domestic passenger vehicles has fallen down by 30.9% in the month of...
The Indian auto industry, which is one of the world’s largest (4th largest) with annual sales increasing 9.5% year-on-year to 4.02 million units (excluding two-wheelers) in the year...
The data released from the Ministry of Commerce and Industries shows that the FDI inflows to India contracted by 7 per cent to USD 33.49 billion during April-December...
The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The...
The Union Ministry of Skill Development & Entrepreneurship and Maruti Suzuki India Limited have signed Memorandum of Understanding (MoU) to support Skill India Mission in automobile industry. The...
Lamborghini India Pvt. Ltd has appointed Sharad Agarwal as its country head with immediate effect. In his new role, Agarwal will oversee the functions of sales, marketing, after...
