"This double engine is another important achievement of the government. The much-awaited demand of Uttarakhand has been fulfilled. This matter was pending for a long time. Now the land has been transferred to the state government. It will be used in the interest of the state and for the development of the state," CM Dhami said.

Kevadia (Gujarat) [India], October 7 (ANI): Prime Minister Narendra Modi on Friday said due to several factors, India may have missed being a part of earlier industrial revolutions. But, India has the potential to lead Industry 4.0. He said that the fourth industrial revolution is as much about new technology as it is about innovative thinking.

New Delhi [India], July 28 (ANI): Electric vehicle manufacturer Ola Electric on Thursday signed an agreement with the Ministry of Heavy Industries for local manufacturing of advanced cells in India under the production-linked incentive (PLI) scheme.

New Delhi [India], June 5 (ANI): Under the aeiges of the Ministry of Heavy Industries (MHI), the Noida township of Bharat Heavy Electricals Limited (BHEL) organised a Common Yoga Protocol on Sunday to mark the 16-day countdown to the 8th International Day of Yoga (IDY2022) in India.

New Delhi [India], February 15 (ANI): Department Related Parliamentary Standing Committee on Industries in its three hundred and thirteenth report has suggested the government to make provisions for "upfront financial incentives in the Scrappage Policy to boost demand for purchase of new vehicles".

New Delhi [India], January 28 (ANI): Ministry of Heavy Industries has notified the Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase-II for providing assistance to Common Technology Development and Services Infrastructure, said a press release.

New Delhi [India], November 30 (ANI): Automobile sales have been affected in the last two years due to the spread of the COVID-19 pandemic, said the Ministry of Heavy Industries in a written reply in Lok Sabha on Tuesday.

Pune Nov 20 PTI The Automotive Research Association of India ARAI should develop technology to reduce the charging time for electric vehicles Union Minister of Heavy Industries Mahendra Nath Pandey said on Saturday He was speaking at a press conference here after an industry interaction meet organised by the Ministry of Heavy Industries in association with ARAI SIAM and ACMA to share information about the production linked incentive PLI scheme for the automotive sector The auto field contributes to about 14-15 per cent of GDP which can go up to 25-30 per cent and can support the PMs vision for making India a USD 5 trillion economy The sale of electric vehicles has increased drastically in the last few months due to the various schemes and subsidies provided by the government Pandey said However he also spoke about the challenges in EV adoption including the time taken for charging vehicles To overcome one of these problems related to charging I am going to urge Automotive Research Association of India ARAI to develop the technology that reduces the charging time the minister said Since charging is the main concern when it comes to the use of EVs the government has chosen 9 expressways where 6000 charging stations have been sanctioned and about 3000 shall be installed soon he added The Advanced Chemical Cell ACC which is the main component of the EV battery is currently imported About 30 per cent of the cost of the EV is the cost of battery itself This can reduce if it is locally produced This is possible because about 70 per cent of the material used in the manufacturing of lithium-ion batteries is already available in India With these newly introduced PLI schemes the government is providing support up to Rs 362 crore per gigawatt in this sector of EVs Pandey said He also highlighted the governments FAME I and II Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme which has now been extended by another two years to March 31 2024 With the production-linked incentive PLI scheme it will lead to an investment of Rs 42500 crore and will further accelerate manufacturing of components and batteries in India The government is providing financial support up to 8-13 per cent for auto component manufacturers and up to 13-18 per cent for EV manufacturers through the scheme This will also facilitate the creation of about 75 lakh new advanced-level employment opportunities he added Considering the increase in the usage of drones in coming years for various applications the Ministry of Heavy Industries has sanctioned Rs 120 crore for research and other related work in this regard Further steps will be initiated by the Ministry of Civil Aviation the minister added PTI COR NSK ABM ABM

Gurugram (Haryana) [India], August 20 (ANI): Electric buses are expected to account for 8 to 10 per cent of new sales by 2025 and be at the forefront of India's electrification drive, according to rating agency ICRA.