📋 Tender Overview
The Ministry of Heavy Industries notified the PM E-DRIVE scheme on 29th September, 2024, with a budgetary outlay of Rs10,900 crore, out of which Rs500 crores have been allocated in the form of demand incentives for e-trucks and other emerging EVs.
The Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry in India notified by the Government on 23rd September, 2021 for enhancing Indias manufacturing capabilities for Advanced Automotive Technology (AAT) products (including e-Trucks) with a budgetary outlay of Rs25,938 crore proposes financial incentives to boost domestic manufacturing of AAT products with minimum 50% Domestic Value Addition (DVA) and attract investments in the automotive manufacturing value chain.
The Ministry of Heavy Industries notified the PM E-DRIVE scheme on 29th September, 2024 with a budgetary outlay of Rs10,900 crore. The scheme envisages support of Rs2,000 crore for setting up of adequate public charging infrastructure for various categories of electric vehicles.
