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Glenmark received manufacturing and marketing approval from India's drug regulator for Nitric Oxide Nasal Spray (NONS) as part of accelerated approval - Report on The Eastern Herald
The electric bicycle business in the country, which was poised to displace China as the world leader in e-bicycles manufacturing, seems to be at risk in its infancy following a policy snub with electric bicycles getting excluded from all major ...
The Department of Heavy Industries last Friday increased the subsidy per electric two-wheeler, which is linked to the battery size, to Rs 15,000 per kilowatt-hour from Rs 10,000. It also doubled the cap on subsidy to 40% of the price of the vehicle from 20%.
Say increased subsidy for such vehicles by 50 per cent is a phenomenal move
The government had on Friday made a partial modification of the scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II), including increasing the demand incentive for electric two-wheelers to Rs 15,000 per KWh from the earlier uniform subsidy of Rs 10,000 per KWh for all EVs, including plug in hybrids and strong hybrids except busses.