Budget 2024

India likely to present Budget on July 22

Finance Minister Nirmala Sitharaman's last Budget presentation was a vote on account due to Lok Sabh...

auto | 4 months ago

FAME 3 may get a budget-day release; INR 10k cr outlay expected

In addition to these, the EMPS was extended only to those vehicles fitted with advanced batteries to...

auto | 4 months ago

Budget 2024: Electric 2w firms may be coming to terms with subsidy sunset

A third edition of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II subsidy sche...

auto | 3 months ago

Budget 2024: Indian auto OEMs put high hopes on localisation, GST cut, sustainable mobility

The Union Finance Minister, Nirmala Sitharaman, had announced in the interim budget that the governm...

auto | 3 months ago

Budget 2024 | Govt & private sector needs to collaborate for better EV infra: Deloitte's Rajeev Singh

Rajeev Singh, Partner and Consumer Industry Leader at Deloitte Asia PacificThe auto industry has und...

auto | 3 months ago

Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolution

The new coalition government is likely considering allocating a larger fund for faster adoption of E...

auto | 3 months ago

Eco Survey showcases policy support for encouraging EVs but what’s the way forward?

The second edition of the FAME scheme was launched in 2019 - the scheme offered subsidies of up to 4...

auto | 3 months ago

Budget 2024-25: Auto Inc. applauds policy continuation, skilling focus, but awaits more Govt commitment on EVs

Finance Minister Nirmala SitharamanUnion Budget 2024-25: With a focus on nine key areas, Finance Min...

auto | 2 months ago

2024 Budget: Sitharaman almost halves FAME allocation, no GST relief for EV industry

Nirmala SitharamanFinance Minister Nirmala Sitharaman has almost halved the allocation for the FAME ...

auto | 2 months ago

Government announces support for 3.72 lakh electric vehicles under EMPS 2024

The initiative is expected to provide significant momentum to the green mobility sector and boost th...

auto | 2 months ago

Budget 2024 missed opportunity for green hydrogen, say experts

He added that pipeline infrastructure for GH2 transportation should be developed along with low-cost...

auto | 2 months ago