India’s ambitious PLI Scheme India 2025 has taken a massive leap by expanding its coverage to include the engineering sector. This marks a milestone for engineering manufacturers, toolmakers, and capital goods producers who are now eligible to receive incentives under the Production-Linked Incentive program. With a goal to position India as a global manufacturing hub, … Read more
The Indian government has taken another strategic step to strengthen the automotive ecosystem with the PLI Scheme Expansion for Auto Component Makers 2025. This move is expected to enhance local manufacturing, reduce dependency on imports, and boost global competitiveness of Indian component manufacturers. What Is the PLI Scheme? The Production Linked Incentive (PLI) scheme is … Read more
The electric vehicle (EV) industry is entering a new phase in 2025, where innovation is not just about range and batteries but increasingly focused on the heart of the vehicle — the motor. As manufacturers race to improve performance, reduce costs, and scale production, electric vehicle motor manufacturing trends in 2025 reveal major shifts driven … Read more