The Ministry of Heavy Industries plans to expand sales and promote EV manufacturing via this new scheme.
Foxconn has decided to pull out of a $19.5 billion semiconductor joint venture with Vedanta in India.
Samsung retains its top spot in the Indian market with 19% market share
Martin cuts into championship leader Francesco Bagnaia’s lead, now standing at 33 points.
Currently, the Indian Government is offering the fund-limited Electric Mobility Promotion Scheme 2024, for EV adoption.
Starting from November 1, a government permit will be mandatory for the clearance of imports for laptops, tablets and PCs.
Exports take a hit due to geopolitical reasons, correction expected as FY25 takes off
EVs account for 2.7 per cent of auto components industry turnover, up from 1 per cent in FY22.
Luxury Meets Lethality: The Latest Security Weapon for the Elite
This move comes after India's impressive success in attracting international smartphone manufacturers to its shores.
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