Ministry of Heavy Industries

Ministry Of Heavy Industries Partners With IIT Roorkee In Automotive And EV Sector

Ministry Of Heavy Industries Partners With IIT Roorkee In Automotive And EV Sector

In a significant step towards promoting innovation and advancing the automotive and electric vehicle (EV) sector, the Ministry of Heavy Industries and the Indian Institute of Technology, Roorkee have signed a Memorandum of Understanding (MoU). MHI has allocated a grant of ₹19.8745 Cr. for research, development, and implementation, further supplemented by ₹4.78 Cr. from industry […]

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Ministry of Heavy Industries extends Phase-II of FAME India Scheme for two years till 2024

Ministry of Heavy Industries extends Phase-II of FAME India Scheme for two years till 2024

Ministry of Heavy Industries had notified Phase-II of FAME India Scheme for three years from April 2019 to March 2022. However, the government has extended the FAME II scheme for 2 years. So now this scheme will be applicable till March 2024. However, the scheme has failed to take off with only 5%, or ₹492 crore, of the ₹10,000 crore allocated under

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