Manufacturing India
Latest news, explainers and analysis on Manufacturing India. Tracking 3 stories on Arth Vani.
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Latest on Manufacturing India
India Extends EV Motor Localization Deadline to April 2027
The Indian government has deferred the deadline for local manufacturing of electric vehicle (EV) motors to April 2027. This decision provides domestic EV manufacturers with additional time to develop and source key components within the country, aligning with the 'Make in India' initiative.
India Plans PLI 2.0: Sharper Focus on High-Growth Manufacturing Sectors
India is preparing for the second phase of its Production-Linked Incentive (PLI) scheme, dubbed PLI 2.0, with a renewed focus on supporting high-performing manufacturing sectors. The government aims to refine existing policies, encourage new companies, and make the scheme more effective and industry-friendly.
Auto PLI: Government to Disburse ₹4,000 Crore in FY27; Bajaj Auto Receives ₹750 Crore
The Indian government plans to release ₹4,000 crore under the Auto-PLI scheme this fiscal year (FY27) to boost domestic production and investment in the automotive sector. Bajaj Auto has already benefited from the initiative, having received ₹750 crore for meeting its sales targets in the previous fiscal year (FY26).
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