Topic: Automobile Sector
CNG, LNG, 98 other advanced techs included under auto PLI scheme
The Union government added more than 100 advanced technologies, including alternate fuel systems like compressed natural gas (CNG) & Liquified natural gas (LNG) under the production-linked incentive (PLI)... PLI scheme for Automobile, components manufacturers
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...
CII Report: “Exit from Lock Down”
The Confederation of Indian Industries recently published its report “Exit from Lock Down”. Under the report, the confederation suggests slow and staggered approach of reopening of industrial sectors....
CCI approves joint venture between Mahindra & Mahindra and Ford Motor
The Competition Commission of India (CCI) has recently approved the formation of Joint Venture (JV) between Mahindra & Mahindra and Ford Motor and the transfer of automotive business... 2019 Witnessed Worst-Ever Decline in Automobile Sector
The sales of the Automobile Sector declined 13 percent in every category with segments such as passengers’ cars, two-wheeler, and commercial vehicles. On a yearly basis, the sales...
NuGen Mobility Summit 2019 to be held in Manesar, Haryana
The three-day NuGen Mobility Summit 2019 will be held in Manesar, Haryana from November 27 to 29, 2019. It will be organized by International Centre for Automotive Technology...
NITI Aayog’s concerns on Vehicle Scrappage Policy
The Ministry of Road and Transport Highways recently released Draft Guidelines for Vehicle Scrapping Facility. The guidelines include land requirements, scrapping procedures, criteria for scrapping of vehicles. It...
Mercedes-Benz first to launch locally-made BS-VI-compliant car
German auto major Mercedes-Benz has unveiled India’s first BS-VI-compliant S Class car produced at its Pune facility. The BS-VI-compliant S Class car was unveiled more than two years...
Tata Motors unveils India’s first Bio-CNG bus
India’s largest Commercial Vehicles manufacturer Tata Motors has unveiled country’s first Bio-CNG (bio-methane) bus. The bus was rolled out at the Urja Utsav, bio-energy programme, organised by the...
Government withdraws subsidy to mild hybrid vehicles under FAME scheme
The Union Ministry of Heavy Industries and Public Enterprises has withdrawn subsidy given to mild hybrid vehicles under FAME India (Faster Adoption and Manufacturing of Hybrid and Electric...
Government launches BS-IV grade fuels
Government has formally launched Bharat Stage-IV (BS-IV) grade transportation fuel across the country to keep carbon emission in check. The launch came days after the Supreme Court banned...
