Prøve GULL - Gratis
M&M, Tata Motors ride EVs to become first to win auto PLI
Hindustan Times Noida
|January 03, 2025
Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) 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's Last Mile Mobility business won approval for incentives based on sales of its electric three-wheelers (e3Ws), while Tata Motors received the same for the Tiago EV electric car, Starbus EV electric bus and the 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 and subsequently approved by the Ministry of Heavy Industries," said a statement from the ministry.
Denne historien er fra January 03, 2025-utgaven av Hindustan Times Noida.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Noida
Hindustan Times Noida
‘Handling pressure of being hosts key to India’s ambitions in WC’
Few names in women’s cricket carry as much weight as Belinda Clark's. A pioneer, record-holder and administrator, Clark has been a trailblazer but also witnessed the evolution of the game.
3 mins
October 03, 2025
Hindustan Times Noida
Karan hits back at ex, Anusha, later deletes his Insta post
Actor Karan Kundrra has hit back at allegations made by his former girlfriend, actor-host Anusha Dandekar, who recently suggested he had been unfaithful during their three-and-a-half-year relationship.
1 min
October 03, 2025
Hindustan Times Noida
Doyen of classical music who transcended genres and enriched India’s cultural legacy
{ PANDIT CHHANNULAL MISHRA } 1936-2025
1 min
October 03, 2025
Hindustan Times Noida
Hexaware faces $500 million patent lawsuit
American information technology (IT) services firm Natsoft Corp. sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.
2 mins
October 03, 2025
Hindustan Times Noida
At UNHRC, India slams Pak for 'hypocrisy' over human rights
India slammed Pakistan at the 60th session of the United Nations Human Rights Council (UNHRC) in Geneva, for its “hypocrisy” on human rights and highlighting the persecution of minorities within Pakistan.
1 mins
October 03, 2025
Hindustan Times Noida
DU keeps you grounded: Miss Universe India Manika
This 22-year-old student of Delhi University (DU) is no ordinary girl next door.
1 mins
October 03, 2025
Hindustan Times Noida
A colonial era prison lost to time
The Old Central Jail, once a Mughal 'serai' and later a colonial prison, exists today in fragments amid weed and a fading memory
3 mins
October 03, 2025
Hindustan Times Noida
{ DR GG PARIKH } 1924-2025 Veteran Gandhian leader, freedom fighter Parikh dies at 101
It was befitting that the last of the legendary Gandhians should die on Gandhi Jayanti. Dr GG Parikh who passed away on Thursday morning was one of those rare figures whose death at the age of 101 will be mourned not just by the grey eminences talking about a ‘second’ freedom movement, but also by hundreds of young grassroots workers for whom he was an inspiration, and as evidenced by many of them breaking down at his funeral in Mumbai.
2 mins
October 03, 2025
Hindustan Times Noida
Messi to visit India for 4-city tour in December
Lionel Messi on Thursday confirmed his participation in the much-anticipated GOAT Tour of India, calling itan “honour” to revisit the “passionate football nation” where he last played 14 years ago.
1 min
October 03, 2025
Hindustan Times Noida
First day, first show: Pace makes Windies crumble
India are only 41 runs away from taking a first innings lead with eight wickets in hand
3 mins
October 03, 2025
Listen
Translate
Change font size