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The Kerala High Court has quashed the notification issued by the state government dated July 30, 2024, permitting Regional Transport Officers in the State to set up plants for the production of high-security registration number plates and to obtain Technical Approval Certificates for the implementation of the HSRP scheme. Court stated, “As the State Government has not invited tenders to …

NEW DELHI : Companies applying for the automotive and auto components production-linked incentive scheme fear they may not be able to meet all of the government’s requirements to receive the incentives this fiscal, multiple industry sources said, citing lengthy, “onerous" and complex procedures. “The auto PLI scheme provides that an application for claim of incentives in respect of any financial …

Scheme

NEW DELHI : The emails started coming in April. The whistleblower, who calls himself ‘Akash Shah, CA and CFA’, wrote to the department of heavy industries, the ministry in charge of implementing the government’s FAME-II scheme, alleging several violations by electric vehicle manufacturers who are mandated to meet certain localization norms but did not. Adani in talks with global investors …

PLI Scheme: 20 Vehicle Companies Receive Approval Under 'Champion OEM Incentive' in India

20 applicants have been approved under the “Champion OEM Incentive Scheme” of the Production Linked Incentive Scheme for the Automobile and Auto Component Industry in India. The Government approved the Production Linked Incentive Scheme for Automobile and Auto Component Industry in India for Enhancing India’s Manufacturing Capabilities for Advanced Automotive Products with a budgetary outlay of ₹25,938 crore. Here’s the …