India’s rare earth boost: Govt approves Rs 7,300 crore scheme; aim to diversify away from China
India is set to boost its self-reliance in rare earth magnets with a Rs 7,300 crore scheme approved by a key government panel. This initiative ...
Qualcomm to localise automotive module production; aims to double auto revenue by 2029
Qualcomm is shifting its automotive module production to India, aiming to bolster local manufacturing and support its partners. The company is collaborating with Tier 1 ...
Ford bets big: To invest $2 billion in EV hub in Kentucky’s Louisville
Ford is investing nearly $2 billion to transform its Louisville plant into an EV production hub, signaling a major shift after decades of petrol-powered vehicles. ...
European, Korean majors keen to make EVs in India: HD Kumaraswamy
Mercedes Benz, Skoda-Volkswagen, Hyundai, and Kia have expressed interest in manufacturing electric vehicles in India, according to Heavy Industries Minister H D Kumaraswamy. This follows ...
