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Automotive component exports have nearly doubled over the past decade, rising from about $8 billion to $16.9 billion, reflecting India’s deeper integration into global value chains and its growing credibility as a manufacturing hub, states HD Kumaraswamy Union Minister for Heavy Industries and Steel.
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While biofuels are delivering near-term gains, hydrogen continues to occupy the long-term strategic horizon. Abhay Bakre, Mission Director at the Ministry of New and Renewable Energy, pointed towards steady progress but acknowledged structural hurdles in hydrogen adoption. Meanwhile, Ashwini Srivastava, Joint Secretary (Sugar) at the Ministry of Consumer Affairs, Food & Public Distribution, highlighted the co-benefits of the ethanol programme.
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The Faster Adoption and Manufacturing of Electric (& Hybrid) Vehicles in India (FAME India) Scheme has been one of the key pillars of India’s EV push. The second phase of the scheme (FAME-II) was implemented for five years from April 1, 2019, to March 31, 2024, with a total outlay of ₹11,500 crore.
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The Minister detailed key government policies supporting sustainability in the automotive sector, including Vehicle Scrappage Policy, End-of-Life Vehicles (ELVs) Rules, 2025 and promotion of Electric Vehicles.
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The cooperation is focused on cathode active materials and battery recycling.
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The initiative targets to shorten the time to production start and increase Vianode’s overall capacity at Herøya Industrial Park, says company.
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The new division incorporates the pre-owned products of both Al-Futtaim Auto & Machinery Company (FAMCO) and their Commercial Vehicles division.
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The company upcycles and converts classic vehicles to clean-air powertrains.
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The University of Birmingham announced a three-year research project with Bentley Motors to deliver a sustainable source of rare earth magnets for its electric and hybrid vehicles.
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A new urban mobility solution, the Mobilize EZ-1 Prototype is made of 50% recycled materials and 95% of it can be recycled at the end of its life cycle.
