Tag
Ministry of Heavy Industries
9 articles
India’s Ministry of Heavy Industries continues to aggressively pursue electric vehicle adoption and domestic manufacturing through multiple initiatives, now totaling over ₹58,000 crore in committed support. The PM E-DRIVE scheme is central to this effort, allocating ₹2,000 crore specifically for charging station deployment and building on the success of the FAME-II program, which has already facilitated the sale of nearly 17 lakh electric vehicles. Complementing these efforts, the PLI-Auto scheme is driving substantial investment and job creation within the automotive component sector, reinforcing the government’s commitment to a robust and sustainable EV ecosystem. These developments suggest continued momentum in the Indian EV market, though challenges related to scheme implementation and portal usability warrant monitoring.
MHI Reports No Flex-Fuel Policy, PLI-Auto Rs 44,326 Cr Investment
Ministry of Heavy Industries confirms no separate national policy exists to incentivize flex-fuel vehicles using over 20% ethanol blend.
PLI-Auto scheme reports cumulative investment of Rs 44,326 cr a
Ministry of Heavy Industries E-Bus Deployment Update
523 e-buses deployed nationally under PM-eBus Sewa-PSM Scheme against 27,555 covered target.
PLI-Auto Scheme generated ₹44,326 crore investment and 67,820 jobs with ₹2,386 crore incentives disbursed.
Ministry Allocates ₹2,000 Crore for EV Charging Stations
Ministry of Heavy Industries allocates ₹2,000 crore under PM E-DRIVE Scheme for pan-India deployment of Electric Vehicle Public Charging Stations.
FAME-II Scheme supported sale of 16.72 lakh electric
MHI Extends REPM Scheme Bid Deadline to August 12
Ministry of Heavy Industries extended bid submission deadline from July 29 to August 12, 2026 for global REPM scheme tender.
Scheme aims to establish 6,000 MTPA rare earth magnet capacity with ₹7,280
PM E-DRIVE Scheme Status: ₹10,900cr EV Incentive Outlay
PM E-DRIVE Scheme with ₹10,900 crore outlay aims to accelerate EV adoption, charging infrastructure, and domestic manufacturing until March 2028.
Scheme has incentivized 23.23 lakh EVs with ₹2,282 cro
PM E-DRIVE Scheme FY25-26 Fund Utilization 89%
PM E-DRIVE Scheme implemented pan-India with no state-wise allocation, providing upfront subsidies to EV buyers reimbursed to OEMs.
FY 2025-26 allocated ₹1,300 crore with ₹1,160.32 crore utilized (89%
Ministry Heavy Industries PLI-Auto Scheme Updates
PLI-Auto Scheme with ₹25,938 crore outlay achieved ₹44,326 crore investments against ₹42,500 crore target by March 2026.
Government published RFP for Sintered Rare Earth Permanent Magnet manufacturing
Ministry Details ₹75.8k Crore EV Support Schemes
Ministry of Heavy Industries confirms no national EV policy but details six active support schemes with total outlay of ₹75,873 crore.
FAME-II supported 16.72 lakh EVs and 5,197 e-buses with ₹11,500 c
Northeast India FAME-II EV Sales and Charging Data
FAME-II scheme supported 18,986 EV sales in Northeast India from 2022-25 with ₹134.13 crore subsidies disbursed.
Assam dominated with 10,990 EVs sold and 71.23 crore subsidies, representing 2.04% of n