Tag: #Ministry of Heavy Industries

Kia India risks exclusion from PLI scheme without FY26 investment

Posted on March 31, 2025March 31, 2025 by Team Evvahan

Kia India must invest ₹1,400 crore (US$16.38m) in FY26 to stay eligible for the ₹25,938 crore (US$303.5m) production-linked incentive (PLI) scheme for advanced automotive technologies, according to a senior government….

Govt considers now reducing FAME-II subsidies for two-wheelers EV

Posted on May 18, 2023July 6, 2023 by Team Evvahan

NEW DELHI, 18 May 2023: FAME-II, the government’s flagship scheme, is expected to receive an increase of 75 percent from the current INR 2000crore. The Ministry of Heavy Industries is….