Government concurs that by incentivizing manufacturers of electric vehicles (EVs), components, and charging/swapping infrastructure, many players will be drawn into the market with the prospects of long-term viability and significant…
auto component industry
Sona Comstar has received certification for its second hub wheel motor for electric two-wheelers under the Production-Linked Incentive Scheme. The company said,“The Company has received certification for its second hub…
The government is pushing the auto components industry to target a five-fold increase in exports to USD 100 billion by the end of the decade, to make India a global…