EV: How PLI Scheme is Driving Growth
The Free Press Journal|September 03, 2024
India is rapidly advancing towards the adoption of electric vehicles (EVs), with government policies and schemes playing a crucial role.

The government has fostered significant investment and innovation in the EV sector through schemes like the Production Linked Incentive (PLI).

What's Happening?

On September 15, 2021, the government implemented the PLI scheme for the EV sector with an approved budget of Rs 25,938 crore over five years. So far, 50 out of 74 applications received from automakers under this scheme have been approved.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE FREE PRESS JOURNALView all
India, China spar with rich nations over agenda
The Free Press Journal

India, China spar with rich nations over agenda

UN CLIMATE TALKS DELAYED AS...

time-read
1 min  |
November 12, 2024
Making judgements comprehensible priority of new CJI
The Free Press Journal

Making judgements comprehensible priority of new CJI

WOULD ENSURE EASY ACCESS TO JUSTICE

time-read
1 min  |
November 12, 2024
Is hybrid model acceptable, ICC asks of Pakistan
The Free Press Journal

Is hybrid model acceptable, ICC asks of Pakistan

The International Cricket Council has sought a response from the Pakistan Cricket Board on hosting the Champions Trophy in a hybrid model following India's refusal to travel to the country for the tournament.

time-read
1 min  |
November 12, 2024
Vikramaditya Motwane...Unplugged
The Free Press Journal

Vikramaditya Motwane...Unplugged

Vikramaditya Motwane on the changing culture of film sets, Ananya Pandey, CTRL, his fitness regimen and more

time-read
3 mins  |
November 12, 2024
Happy Birthday, Gabbar: From Ajit's henchman to becoming mafia don
The Free Press Journal

Happy Birthday, Gabbar: From Ajit's henchman to becoming mafia don

On November 12, Amjad Khan entered the world, born prematurely at seven months.

time-read
1 min  |
November 12, 2024
Health Benefits: Royal jelly
The Free Press Journal

Health Benefits: Royal jelly

Royal jelly, a nutrient-dense secretion produced by honey bees, plays a vital role in nurturing the queen bee and bee larvae.

time-read
2 mins  |
November 12, 2024
Saumya powers Dr DY Patil SA to big victory
The Free Press Journal

Saumya powers Dr DY Patil SA to big victory

Saumya Tamang's brilliant century knock of 115 runs (71-balls, 20x4s) powered Dr. D.Y. Patil SA to a resounding 129-run victory against Indian Dynamite CC in a second-round match of the third MCA Women's Cricket League played at the Dr. D.Y. Patil SA ground, Nerul on Monday.

time-read
1 min  |
November 12, 2024
Sangita brace spurs India eves
The Free Press Journal

Sangita brace spurs India eves

ACT | Preeti Dubey and Udita scored a goal apiece in India's crushing win

time-read
2 mins  |
November 12, 2024
The Free Press Journal

Swami Vivekanand outplay ST Kadam School, Palghar

VCM beat Gokuldham High School by eight wickets in another match

time-read
1 min  |
November 12, 2024
Gambhir backs India superstars
The Free Press Journal

Gambhir backs India superstars

COACH TALK | The India head coach fronts upto the media in his characteristic manner

time-read
3 mins  |
November 12, 2024