In line with the Union Budget 2021-22 announcement, the Government of India approved the PLI scheme for the automobile and auto components industry. Ashish Bhatia visits the fine print to gauge the industry sentiment. In the Union Budget 2021-2022, under the Production Linked Incentive (PLI) scheme, Rs.1.97 Lakh crore was allocated for creating “global manufacturing champions” across 13 sectors including[Read More…]
Tata Motors announced that Mr Guenter Butschek who had informed his desire to relocate to Germany at the end of the contract for personal reasons, will therefore be stepping down from his role as CEO & MD from June 30,2021. He will continue as a consultant to the company till the end of this fiscal year. Mr Chandrasekaran said:[Read More…]
The company is one of the founding partners behind this worldwide movement Tata Motors proudly joins the global #WorldEVDay movement to celebrate the shift to sustainable road transport and a zero-emissions future. Scheduled to be inaugurated on September 9th, the #WorldEVDay will be celebrated every year to encourage current and prospective drivers of electric vehicles, local transport authorities and[Read More…]
