Ministry of Heavy Industries

October 1, 2026 9:39 PM

PM E-DRIVE accelerates India’s electric mobility push with 26.59 lakh EV sales, ₹11,900-crore outlay

India’s transition towards electric mobility is gaining momentum under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, with 26.59 lakh electric vehicles sold as of June 2026 against an incentive-supported target of around 28.30 lakh EVs. With an outlay of ₹11,900 crore and implementation extended until March 2028, the scheme is supporting EV adoption, charging infrastructure, electric buses and the development of a domestic electric vehicle manufacturi...

August 13, 2026 7:20 PM

Government receives 20 bids for rare earth permanent magnet manufacturing scheme

The Ministry of Heavy Industries (MHI) has received 20 bids under its scheme to promote manufacturing of sintered rare earth permanent magnets (REPM), marking a significant step towards establishing an indigenous manufacturing ecosystem for the strategic material. The bids were submitted through a global tender floated on the Central Public Procurement (CPP) portal for selecting manufacturers to establish integrated sintered neodymium-iron-boron (NdFeB) rare earth permanent magnet manufacturing...

August 7, 2026 8:32 AM

India must build resilient supply chains to lead global clean energy transition: H.D. Kumaraswamy

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Thursday said India's energy security is no longer determined solely by access to energy resources but increasingly by its ability to manufacture, innovate and build resilient supply chains for clean energy technologies, asserting that the country must emerge as a global producer of technologies driving the energy transition. Delivering the keynote address at the Special Plenary Session on "Energy Security & Supply Chains" du...

May 11, 2026 10:17 PM

India and Japan hold second Economic Security Dialogue with focus on resilient supply chains

India and Japan on Monday held the second round of the India-Japan Economic Security Dialogue in New Delhi, with discussions focusing on strengthening cooperation in strategic sectors such as critical minerals, semiconductors, clean energy, pharmaceuticals and emerging technologies. The dialogue was co-chaired by Foreign Secretary Vikram Misri along with Japan’s Vice Minister for Foreign Affairs Takehiro Funakoshi and Vice Minister for International Affairs in Japan’s Ministry of Economy, T...

May 5, 2026 4:39 PM

Electric Two-Wheeler Penetration Hits 6.5% in FY26, Govt Flags Strong E-Mobility Growth

India’s transition to electric mobility is gaining steady momentum, with electric two-wheelers achieving a penetration rate of 6.5 per cent in FY 2025–26, driven by increasing consumer adoption and a strengthening domestic manufacturing ecosystem, according to the Ministry of Heavy Industries. In a post on X, the Ministry said, "India's e-mobility transformation is gaining strong and sustained momentum, with electric two-wheelers reaching a penetration of 6.5% in FY 2025-26." It added that...

December 9, 2025 6:25 PM

Govt reviews key EV schemes to boost manufacturing and adoption

The Ministry of Heavy Industries is currently operating five major schemes to boost electric mobility and domestic EV manufacturing, Minister of State for Heavy Industries Bhupathiraju Srinivasa Varma informed the Lok Sabha in a written reply on Tuesday. The Production Linked Incentive Scheme for Automobiles and Auto Components, notified in September 2021, aims to strengthen India’s manufacturing capacity in Advanced Automotive Technology components, including electric vehicles. The programme...

February 18, 2025 2:41 PM

India expands battery manufacturing with new PLI ACC agreement

The Ministry of Heavy Industries (MHI) signed a Programme Agreement on Tuesday with Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Limited, under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC). The agreement grants Reliance New Energy Battery Limited a 10 GWh ACC manufacturing capacity, making it eligible for incentives under India's ₹18,100 crore PLI ACC scheme. The PLI ACC scheme was approved by the Cabinet in May 2021 with an outlay...

July 30, 2024 9:34 PM

Govt unveils Rs. 1.97 lakh crore PLI schemes to boost manufacturing and exports

The Indian government has reaffirmed its commitment to boosting domestic manufacturing and exports through its Production Linked Incentive (PLI) Schemes. Union Minister of State for Commerce and Industry, Jitin Prasada, provided details on the progress of these initiatives in a written reply to the Lok Sabha today. The PLI Schemes, designed to support India's vision of becoming 'Atmanirbhar' (self-reliant), cover 14 key sectors with a total outlay of Rs. 1.97 lakh crore (over US$26 billion). Th...