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M&M, TaMo Ride EVs to Become First to Win Auto PLI
January 03, 2025
|Hindustan Times Rajasthan
Tata Motors Ltd and Mahindra and Mahindra (M&M) Ltd on Thursday became India's first automakers to secure production incentives for the automotive sector, marking a key moment for the scheme that had a tepid start.
NEW DELHI:
The two companies have received approval for claims worth ₹246 crore under the Production-Linked Incentive (PLI) Auto scheme, the heavy industries ministry said.
Mahindra and Mahindra's Last Mile Mobility business won approval for incentives based on sales of its electric three-wheelers, while Tata Motors received the same for the Tiago EV electric car, Starbus EV electric bus, and electric cargo vehicle Ace EV.
"The total claims from these two applicants amount to approximately ₹246 crore, which have been examined and recommended by the Project Management Agency (PMA) and subsequently approved by the Ministry of Heavy Industries (MHI)," said a statement from the ministry of heavy industries.
هذه القصة من طبعة January 03, 2025 من Hindustan Times Rajasthan.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Rajasthan
Hindustan Times Rajasthan
SC: State govts failed to implement ABC rules
The Supreme Court on Wednesday observed that it has not ordered the killing of stray dogs and emphasised that roads and institutional premises must be kept free of strays in the interest of public safety, even as it came down hard on municipal authorities across states and Union territories for failing to implement the Animal Birth Control (ABC) Rules.
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No platform for perversity
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US govt adds B’desh, Nepal among other nations to visa bond policy list
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Hindustan Times Rajasthan
Ex-CIA agent convicted of spying for Soviets dies
{ ALDRICH AMES } 1941-2026
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New rural jobs scheme a step in the right direction
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MOTION TO REMOVE JUSTICE VARMA WASN'T ADMITTED IN RS AS IT WAS DEFECTIVE, SC TOLD
The motion to remove Allahabad high court judge, justice Yashwant Varma, was never admitted in the Rajya Sabha on account of being \"defective\", the Lok Sabha Speaker's office told the Supreme Court, marking a fresh twist in the controversy regarding the judge's removal following discovery of wads of currency notes at his official residence in Delhi last year.
1 min
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Hindustan Times Rajasthan
Govt estimates 7.4% GDP growth in FY26
GDP GROWTH INCREASED FROM 6.5% IN 2024-25 TO 7.4% IN 2025-26 ACCORDING TO FIRST ADVANCE ESTIMATES FOR 2025-26 RELEASED BY THE NSO
1 mins
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HC orders removal of posts linking BJP leader to 2022 murder case
The Delhi high court on Wednesday directed the takedown of social media posts within 24 hours linking Bharatiya Janata Party (BJP) leader Dushyant Gautam to the 2022 murder of Ankita Bhandari, a resort receptionist, in Uttarakhand's Pauri Garhwal.
1 min
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Hindustan Times Rajasthan
Clearing the air about the pollution in Delhi
Every winter, Delhi's air turns hostile.
3 mins
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TRUMP VENEZUELA TO SEND OIL STOCKS WORTH BILLIONS
President Donald Trump said that Venezuela will hand over tens of millions of barrels of oil to the US, just days after a US raid toppled the country's president, leaving a more cooperative leader in charge.
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