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.

Piyush Goyal, the Minister of Commerce and Industry states that the deal unlocks the power of two large democracies working together for the shared prosperity of their people. Both India and the US are natural allies, and the partnership will co-create technologies, co-develop solutions, and work together for peace, growth, and a brighter future for India and the US, the commerce minister adds.

longside this circularity signal, the Budget sharpens India’s broader technology and manufacturing roadmap, positioning AI adoption, semiconductor fabrication, and digital infrastructure as primary growth engines for the next phase of industrial expansion.

The recovered fibre industry in India is experiencing a period of significant growth in demand, driven by the expanding packaging and e-commerce sector

Insights from a panel discussion on taxation, informality, and India’s recycling ecosystem

By Dr. Ajit Salvi

Credits: BIGMINT Morning Brief: India’s ferrous scrap imports rose slightly by 4% to 4.22 million tonnes (mnt) in H1FY’26 from 4.06 mnt in H1FY’25, as per data maintained with BigMint. Imports peaked in April at 0.81 mnt before easing to 0.6 mnt in August and September, following adequate domestic scrap supply, a monsoon-driven construction slowdown, and ample […]

Credits: BIGMINT Morning Brief: Global ferrous scrap trade volumes, excluding European intra-trade, increased by around 2% y-o-y to around 29.38 million tonnes (mnt) in January-June 2025, reveals data maintained with BigMint. This marks a slow but steady improvement from almost 28.88 mnt in H1CY’24, despite a global economic slowdown. However, the uptrend suggests a contrarian trend, considering […]

Credits: BIGMINT Morning Brief: India’s imports of stainless steel scrap surged by 40% in the first half of calendar year 2025 (H1CY’25), with total shipments recorded at 729,500 tonnes (t) as compared to 519,800 t in H1CY’24, as per BigMint data. This sharp rise in scrap imports coincided with a decline in arrivals of semi-finished products like […]

Credits: BIGMINT Morning Brief:India’s ADC12 alloy imports saw a sharp downturn in imports during H1CY’25, with volumes slumping 87% to 1,511 tonnes (t) from 11,811 t in H1CY’24. Instead, aluminium scrap imports swelled by 9% y-o-y to 0.88 million tonnes (mnt) in H1CY’25 from 0.81 mnt in H1CY’24. This growth was largely due to India […]