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Hero's EV brand, VIDA, enjoyed an increase in market share thanks to network growth through Hero Premia and Hero 2.0 outlets. International sales increased 36% YoY, indicating strong global demand for Hero's products.

Honda Motorcycle & Scooter India (HMSI) achieved 5.83 million sales in FY 2024-25, marking a 19% growth. The company expanded into electric and flex-fuel segments, strengthened its premium lineup, and promoted road safety awareness across India.

enterprises, according to an NSO report. The state also has the highest percentage of workers in manufacturing enterprises, highlighting its strong industrial foundation.

Under the PM E-Drive scheme, there has already been a significant increase in the sales of EVs, which proves that people are increasingly adopting electric vehicles. With the help of government schemes, the sales of electric two-wheelers reached 571,411 units in 2024-25.

Highlighting the global recognition achieved during India's Presidency of the G20 Summit, Goyal pointed out that the world is increasingly attracted to opportunities available in India and its diversity and economic growth.

American electric car manufacturer Tesla is preparing to enter the Indian market this year and may begin selling its electric vehicles from April. The company will also open showrooms in Mumbai and Delhi.

Mobec Innovation has launched its first lithium battery recycling plant in Noida, aiming to reduce India's reliance on imported critical minerals while promoting sustainability.

More than 2,000 exhibitors from the state have brought their products for wider reach. Apart from this, crafts from UP’s 12 cities have also been displayed in the ‘Hall of Town of Export Excellence’ in the International Trade Show complex.

Plugzmart, a startup incubated at IIT Madras, has developed a 240kW indigenous fast EV charger certified by ARAI.Capable of charging heavy vehicles and high-end cars in just 20 minutes, the charger is set to reduce India’s dependence on EV imports.

Rajasthan government has launched a ₹200 crore E-Vehicle Promotion Fund under EV Policy-2022, offering State GST refunds and grants on EV purchases made after September 1, 2022.

Niyogin Fintech Limited has raised ₹56.2 crore by successfully converting warrants, reinforcing investor confidence. The funds will be used to expand its lending book and strengthen its financial position.

Delhi government to induct 2,080 new electric buses in 2024, bridging the gap left by retiring older buses under major national green mobility programs.

RBI’s Co-lending framework embodies a collaborative approach that harnesses the complementary strengths of banks and NBFCs to bolster lending in the priority sector.

We have to look out where would be going around three to five year down the line. Our focus needs to be at this moment so that when we go to the next stage we know what can be the problematic areas, Gaurav Joshi, Deputy Secretary, Ministry of Heavy Industries.

Bajaj Auto has launched ‘Bajaj GoGo’, its electric three-wheeler brand with a 251 km range per charge and advanced safety features. The lineup includes three passenger variants, with cargo models set to launch soon.