PLI schemes, ₹1 lakh crore innovation fund to boost manufacturing, EV growth

Kamran Rizvi, Secretary, Ministry of Heavy Industries, said that the shift towards electrification is reshaping industries, with the ministry focusing on cost-effective manufacturing and domestic value addition. “India’s robust industrial base positions it for sustainable growth,” Rizvi said, emphasizing the growing role of electric vehicles (EVs) in the economy.

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