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Automobile Industry News

Tata Motors to Set Up First Vehicle Manufacturing Plant in Tamil Nadu with Rs 9,000 Crore Investment

Tata Motors signs MoU with Tamil Nadu government to set up a new vehicle manufacturing facility in Ranipet with an investment of Rs 9,000 crore, creating 5,000 jobs....

Government Boosts Manufacturing with Increased Outlay for PLI Schemes

The Indian government has significantly increased the outlay for Production Linked Incentive (PLI) schemes across various sectors, including electronics, automobiles, and pharmaceuticals, to boost domestic manufacturing and competitiveness....

Government Extends PLI Scheme for Automobile and Auto Components Industry

The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Components Industry by one year with partial amendments. The scheme aims to provide clarity and flexibility to the industry and will be applicable for a total of five consecutive financial years starting from 2023-24....

Exide Introduces New Automotive Battery Range

Exide Industries Ltd launched a new range of battery known as the 'Epiq' reported PTI. The new range comes with a six-year warranty, the highest in the Indian market. The new batteries will be manufactured at Exide's factories across India and ...