The representatives of the firms visited the country last month and held meeting with various parts of the government, including the commerce and industry ministry. "We have made it very clear that imports are not the preferred thing from our side...The company is talking big in terms of complete supply chains," one of the official sources said.
Auto industry companies in India are awaiting clarity on whether they will receive incentive funds for the first year of the ₹25,938 crore production-linked incentive scheme, which has been in effect for over a year. The standard operating procedure (SOP) for the scheme, which is required for products to be certified, was released on April 27, 2023, causing a delay. Companies are also concerned that key changes agreed upon by the industry and government have not been incorporated into the final draft of the SOP. Additionally, some manufacturers were wrongfully claiming subsidies in violation of conditions.
With a view to reduce pollution due to use of diesel buses, Union transport minister Nitin Gadkari on Sunday announced plans to run all buses across India on electric in the next five to seven years.
This showroom, ‘Trident Isuzu, is located on B Narayanpura Whitefield road, K R Puram, with a thematic vehicle display. Trident Isuzu has been representing the brand Isuzu in the region since 2013-14, selling the range of Isuzu D-MAX Pick-ups (lifestyle and commercial) and mu-X SUV.
Venture capital fund Matrix Partners also plans to double down on sectors like electric mobility where it already has Ola Electric in its portfolio.
The growing popularity of electric mobility seems like a promising solution to curb carbon emissions however EV adoption is still at a nascent stage in India.
The company’s total sales for the month stood at 329,393 units, including domestic sales of 311,144 units and exports of 18,249 units.
The window for applicants will be open from June 1 and will be kept open till the appropriate resources are there and the government gets good applications, MoS Rajeev Chandrasekhar.
MG Motor India, today announced its retail sales figures for the month of May 2023. With 5006 units sold, the company has witnessed a growth of 25 % over the same month last year (YOY). MG India remains optimistic about growth and meeting the rising customer demand through various ongoing and planned production and operational initiatives.
It will be an exclusive one-stop sales and service center for Honda big bikes, the company said.
Affordable Robotic and Automation Limited (ARAPL), one of the leading automotive project-based line builders, automated multilevel car parking system providers and warehousing automation solution providers in India, continued its growth momentum and posted revenue of INR 113 crore in FY 23.
Cars talking to each other, talking to home appliances, talking to the service bay at the workshop, talking to the OEM for diagnostic solutions – these are not the future, these are already here. And as cars increasingly become computers on wheels, the demands on semiconductors are growing.
Renault India is one of the youngest and fastest carmakers to achieve this feat. Renault India has attained this significant milestone by offering an innovative and disruptive product portfolio, persistent commitment towards customer satisfaction, network expansion, rural-focused strategy, and pioneering marketing initiatives.
"Refineries are high cost. We are looking at a large number of 20 million tonnes per annum, smaller ones, because if I make it too big than land acquisition and other issues come in the way," Puri told reporters on the sidelines of an industry event.
InstaCharged by Log9, ‘Bzinesslite is India’s fastest-charging 2-wheeler commercial electric vehicle (CEV). It is powered by Log9’s RapidX 2000 batteries, enabling it to go zero to zip within 12 minutes, the company said.
The company's commitment to sustainability doesn't end with the fleet itself. They are also actively exploring partnerships with renewable energy providers to source electricity from clean energy sources. By doing so, Credent aims to further reduce their environmental impact and create a truly sustainable healthcare delivery ecosystem.
“Electric vehicles are the future. Soon you would find more electric vehicles in a residential complex than vehicles driven on petrol, diesel or CNG. Many real estate developers have started installing charging units for electric vehicles at their upcoming residential projects,” said Dhirendra Madan, a real estate developer and the president of Confederation of Real Estate Developers’ Association of India (CREDAI), Rajasthan.
This exclusive special edition comes in an elegant and deep Black hue, adding a clear touch of distinction to the vehicle. The Advanced Gloster Blackstorm captivates with its dynamic aesthetics, featuring bold sporty elements and striking red accents on the bodywork, the company said.
Dual utilization of autorickshaws can not only overcome supply gaps in the freight ecosystem but can also provide an additional source of income to autorickshaw drivers, reports WRI India in a research paper titled ‘Assessing the Viability of Using Autorickshaws for Urban Freight Delivery in India’.
The annual energy consumption in the state has increased by over 31 per cent in the last six years – from 50,077 million units in 2017-18 to 65,830 MU in 2022-23. The power utilities met the all-time high per-day energy demand of 251 MU on May 18.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Arunkunram Sankaran Viswanathan | Unlock to View | Unlock to View | Director | 25 May,2016 |
| Holger Heinrich Wilhelm Rosenbaum | Unlock to View | Unlock to View | Director | 25 May,2016 |
| Suresh Kizhakke Variam | Unlock to View | Unlock to View | Additional director | 05 Jun,2015 |
| Harald Albin Deiss | Unlock to View | Unlock to View | Director | 01 May,2009 |
| Naresh Ramachandhran | Unlock to View | Unlock to View | Director | 10 Mar,2007 |
| Ramachandhran Haresh | Unlock to View | Unlock to View | Director | 01 Dec,1993 |
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