The policy provides capital-linked incentives, tax and fee exemptions, and component manufacturing support to promote Maharashtra as a major EV manufacturing hub. Kinetic Engineering on Tuesday said ...
India is preparing to nearly triple incentives for rare-earth magnet manufacturing to over INR70 billion (US$788 million) as part of efforts to reduce reliance on China. The move comes just days after ...
The government is considering a new drone manufacturing incentive under Budget 2026 to strengthen domestic production The scheme is likely to combine capital subsidies with output-based support over a ...
More than a dozen new incentives enacted through the Inflation Reduction Act, the Infrastructure Investment and Jobs Act, and the CHIPS and Science Act have sent investments in EV manufacturing ...