Capex for EV components to cross Rs. 25,000 crore in next 3-4 years: ICRA

Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the electric vehicle (EV) segment in India has seen a significant upturn in prospects over the past two years. A confluence of factors such as improving product portfolio, charging infrastructure, and financing availability and a gradual decline in battery prices […]

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Tata Motors receives country’s first auto PLI certificate in 4W – Goods vehicle category

Tata Motors has been awarded India’s first PLI certificate in the four-wheeler goods vehicle category from ARAI. A post on X (former Twitter) by ARAI read, “ARAI reaches a significant professional milestone! We proudly award the First Auto PLI certificate in N1 Category (4W – Goods) to M/s Tata Motors Ltd., following the meticulously defined […]

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