Of around 649,000 electric scooters sold in April-October 2025, subsidy was claimed for about 329,000 or about 51% of the units, according to data reviewed by Mint. That compares with consumers utilizing benefits on 89% of about 948,000 battery-powered units sold in FY24 and 93% of around 727,000 in FY23.
Changes in the phased manufacturing programme (PMP) guidelines—covering localization requirements—have "disproportionately impacted mid-sized and small original equipment makers (OEMs), making it slightly more time-consuming for them to qualify under the scheme," said Alok Ray, director-public affairs at industry lobby Society of Manufacturers of Electric Vehicles.
Denne historien er fra December 11, 2024-utgaven av Hindustan Times Gurugram.
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Denne historien er fra December 11, 2024-utgaven av Hindustan Times Gurugram.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India get into the grind after pep talk from Kohli
BRISBANE: So much has been said between the 10-wicket defeat at Adelaide and the Indian team's move to Brisbane that the team would have been rather glad to get back on the field and focus once again on just the cricket again.
Hardik-SKY face-off adds edge to Syed Mushtaq Ali semis
MUMBAI: Hardik Pandya's steely nerves and last-over heroics set the seal on India's T20 World Cup triumph.
Gukesh's record may go on to last for a hundred years
A few months back, when Gukesh won the Candidates and qualified to play the World Championship match against defending champion Ding Liren, it was quite a surprise.
Impact of this win on our chess will be massive
EVER SINCE I'VE WORKED WITH HIM, HE'S EXCEEDED EVEN MY OPTIMISTIC SCENARIOS VERY, VERY FAST. IN 2022, HE HAD A GREAT GROWTH SPURT. 2024 AS WELL HAS BEEN FANTASTIC FOR HIM.
WITHDRAW YOUR PF DIRECTLY FROM ATMS FROM NEXT YR: LABOUR SECY
NEW DELHI: The Labour Ministry is upgrading its IT systems to provide enhanced services to the country's massive workforce.
Telecom cos to focus on network coverage, capacity in small towns
NEW DELHI: Indian telecom operators would look to focus on improving network coverage and capacity in small towns and rural areas in the coming year, as availability of 5G service enables higher data consumption in these geographies compared to metros, analysts said.
India to regain growth momentum in Q3: Goyal
NEW DELHI: India's economy will regain its higher growth momentum in the third quarter and achieve the estimated growth rate to remain the world's fastest growing economy in 2024-25, commerce and industry minister Piyush Goyal said on Thursday.
Options fever begins to cool as Sebi curbs kick in
The number of index options traded plunged 30% in week ended December 6
Centre may raise green bond target by 25% in FY26
NEW DELHI: The government plans to raise ₹25,000-26,000 crore through sovereign green bonds in the next financial year, marking a 25% increase from its ₹20,000 crore target for FY25, to boost financing for climate-friendly projects, two people familiar with the matter told Mint.
Macron seeks political deal to appoint new premier, end deadlock
PARIS: French President Emmanuel Macron is seeking a political deal that would allow him to both name a new prime minister and \"guarantee the stability of the country\", following the resignation of ousted Prime Minister Michel Barnier, a spokesperson for the outgoing government has said.
