Archive · 28 Jan 2026
India Strengthens Advanced Manufacturing for Future Growth
India is focusing on making more things in the country, especially electric vehicles (EVs).
The government has started many programs to help this, like giving money to companies that make EVs and setting up charging stations.
They also talked about how important it is to make commercial vehicles (like big trucks and buses) electric because they cause a lot of pollution.
The government said that more vehicles are being made and sold in India, and they are also exporting more vehicles to other countries.
A big meeting called SIAT 2026 was held where people from all over the world talked about new technologies and how to make transportation safer and better for the environment.
India is focusing on advanced manufacturing and EV adoption to strengthen its future growth and global standing.
The FAME-II and PM E-DRIVE schemes have supported the adoption of over 16.71 lakh electric vehicles and enabled the sanctioning of more than 9,000 public charging stations.
The PLI Auto scheme, with an outlay of ₹25,938 crore, is promoting domestic value addition and enhancing global competitiveness.
The government aims to establish 50 GWh of Advanced Chemistry Cell battery manufacturing capacity in India.
Vehicle production increased from 28.4 million units in FY 2023-24 to 31 million units in FY 2024-25, with exports rising from 4.5 million units to 5.36 million units.
- Who
- H. D. Kumaraswamy, Minister for Heavy Industries, and industry leaders
- What
- Inauguration of SIAT 2026 and discussion on India's advanced manufacturing and EV initiatives
- When
- January 27, 2026
- Where
- Pune International Exhibition and Convention Centre, Moshi
- Why
- To promote advanced manufacturing, EV adoption, and sustainable mobility
- Event
- 19th Symposium on International Automotive Technology (SIAT 2026)
- Location
- Pune International Exhibition and Convention Centre, Moshi
- FAME-II Scheme Outlay
- ₹11,500 crore
- PM E-DRIVE Scheme Outlay
- ₹10,900 crore
- PLI Auto Scheme Outlay
- ₹25,938 crore
- Rare Earth Permanent Magnet (REPM) Scheme Outlay
- ₹7,280 crore
- Vehicle Production (FY 2023-24)
- 28.4 million units
- Vehicle Production (FY 2024-25)
- 31 million units
- Vehicle Exports (FY 2023-24)
- 4.5 million units
- Vehicle Exports (FY 2024-25)
- 5.36 million units
