Try GOLD - Free
Govt rushes to find demand for e-trucks
Mint New Delhi
|April 07, 2025
At the end of the first year, there has been no progress on e-trucks, and the government is yet to notify the localization norms
The ministry of heavy industries has identified ports, steel, cement and logistics as sectors to generate demand for electric trucks (e-trucks) under the PM E-Drive scheme after turning up empty-handed in the first half of the scheme, according to two officials aware of the development.
The ₹500 crore, two-year scheme for e-trucks is set to end in fiscal year 2026 (FY26).
At the end of the first year, there has been no progress on e-trucks, and the government is yet to notify the localization norms for these zero-emission vehicles at a time when the industry has asked for 18 months to comply.
Ports have multiple use cases for electric trucks, including the movement of cargo within the port facility. Similarly, the cement, steel and logistics sectors rely on trucks for the movement of cargo across the country.
This story is from the April 07, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
Airport connectivity row: Telcos urge Trai to step in
COAI seeks a cap on charges for in-building mobile networks at public places such as airports
3 mins
January 15, 2026
Mint New Delhi
Infy joins peers on IT's recovery road
Pipeline of large deals, increasing demand spark optimism
2 mins
January 15, 2026
Mint New Delhi
Macquarie, Actis, others vie for stake in Gentari India biz
Global private equity firms Macquarie, Actis, Sembcorp, and strategic investors such as Serentica Renewables and JSW Group are evaluating bidding for a 50% stake in Malaysian energy firm Gentari's India business, three people aware of the development said.
2 mins
January 15, 2026
Mint New Delhi
Infosys joins peers on IT sector's road to recovery
slowest among peers-TCS and HCLTech grew 0.58% and 4.09% on a sequential basis to end with $7.51 billion and $3.79 billion, respectively.
1 mins
January 15, 2026
Mint New Delhi
Quiet tussle over a key spectrum band
A central project to modernize India's emergency communications for police, fire and disaster response is caught in a web -the home ministry wants a chunk of the valuable 700MHz spectrum for its ₹20,000-crore project, while the telecom department suggests other options, since there is no spectrum left to share.
3 mins
January 15, 2026
Mint New Delhi
Govt weighs tax sops to boost green bonds
Investor interest in sovereign green bonds has been steadily declining over the past two years, forcing the central government to think up new ways to get them going.
3 mins
January 15, 2026
Mint New Delhi
Saks Global files for bankruptcy, undone by debt and a luxury slump
The parent of Saks Fifth Avenue and Neiman Marcus filed for bankruptcy protection, barely a year after an ambitious bet on luxury department stores brought the two storied retailers together in what was supposed to be a powerhouse deal.
5 mins
January 15, 2026
Mint New Delhi
The obscure bank collapse that sent Iran into a tailspin
Bad loans to regime cronies brought down Ayandeh Bank, accelerating a long-running financial crisis
8 mins
January 15, 2026
Mint New Delhi
Govt looks to sustain Iran basmati exports
India's basmati rice trade with
1 min
January 15, 2026
Mint New Delhi
Rishab Bajaj emerges as key face of Bajaj Auto's EV push
The next generation at the country's fourth-largest two-wheeler maker, Bajaj Auto, is taking shape, with Rishab Nayan Bajaj playing a central role in the company's latest launch of its new electric vehicle (EV) at its facility in Akurdi, Pune.
2 mins
January 15, 2026
Listen
Translate
Change font size