Synopsis: Due to a demand slump and reluctance shown by entrepreneurs to invest in the auto industry, it is going through a rough phase. This sector can be a key driver for the future economic growth of India. Contents1 Introduction2 What is the present scenario of India’s auto industry?3 Why is auto industry significant for… Continue reading Our automobile sector needs a hearty dose of tax relief
Tag: automobile sector
Flex-fuel engines to be mandatory soon: Gadkari
Contents1 What is the News?2 What are Flex Fuel Vehicles(FFV)?3 Advantages of Flex Fuel Vehicles4 Disadvantages of Flex Fuel Vehicles What is the News? Union Minister of Road Transport and Highways Nitin Gadkari on Friday said the government would soon make it mandatory for all vehicle manufacturers to make flex engines (that can run on… Continue reading Flex-fuel engines to be mandatory soon: Gadkari
The PLI plan for our automotive sector can accelerate its success
Synopsis: The new PLI scheme will incentivize the industry to move into higher-value-added technologies and thus spur sectoral growth Contents1 Introduction2 What are the issues and challenges of the automotive industry?3 How the PLI scheme will help the Indian automotive industry?4 What are the changes needed in the PLI schemes to make it more effective?5… Continue reading The PLI plan for our automotive sector can accelerate its success
Cabinet clears PLI for auto sector to spur ‘green’, high-tech
What is the News? Government of India has approved Production Linked Incentive (PLI) Scheme for Auto Industry and Drone Components. About PLI Scheme for Auto Industry Aim: To overcome the cost disabilities to the industry for the manufacture of Advanced Automotive Technology products in India. Eligibility: The scheme is open to existing automotive companies as… Continue reading Cabinet clears PLI for auto sector to spur ‘green’, high-tech
Rolling out the EV charging network
Synopsis: Steps taken by government to increase EV charging network in India. Contents1 Introduction2 What steps are being taken by govt to increase charging infra in India?3 What are the other alternatives to e-Vehicles?4 What is the way forward? Introduction The Indian vehicle market is poised for a historic leap into electrification. On the rollout… Continue reading Rolling out the EV charging network
What are the new BH series registration plates for vehicles?
Source: This post is based on the article “New BH series registration plates for vehicles” published in Indian Express on 1st September 2021. What is the News? The Ministry of Road Transport and Highways has notified Bharat series of “BH” series of registration to ensure seamless transfer of vehicles across states. What is the Existing system?… Continue reading What are the new BH series registration plates for vehicles?
Government introduces a new registration mark for new vehicles “Bharat series (BH-series)” to facilitate seamless transfer of vehicles
Source: This post is based on the article “Government introduces a new registration mark for new vehicles “Bharat series (BH-series)” to facilitate seamless transfer of vehicles” published in PIB on 28th August 2021. What is the News? The Ministry of Road Transport and Highways has introduced a new registration mark for new vehicles called the Bharat… Continue reading Government introduces a new registration mark for new vehicles “Bharat series (BH-series)” to facilitate seamless transfer of vehicles
On top of the scrap heap (On Vehicle scrappage policy)
Source: Business Standard Relevance: On vehicle scrappage policy Synopsis: Vehicle scrappage policy is a step in the right direction, but its success is predicated on fulfillment of several conditions. A look at some of such factors. Background Read here: PM launches scrap policy for unfit vehicles Must Read: National Vehicle Scrappage policy – Explained Note:… Continue reading On top of the scrap heap (On Vehicle scrappage policy)
PM launches scrap policy for unfit vehicles; projects gain for owners, economy
Source: Indian Express 1, Indian Express 2, Down to Earth, India Today, The Hindu Relevance: On Vehicle scrappage policy Synopsis: A formal launch of National Vehicle Scrappage policy is an important step towards waste to wealth. A critical analysis of the policy. Contents1 Context2 How the policy aids circular economy?3 Benefits4 Suggestions/Measures Context India’s National… Continue reading PM launches scrap policy for unfit vehicles; projects gain for owners, economy
