The Maharashtra State Road Transport Corporation (MSRTC) announced on Tuesday that henceforth all fuel stations established on its land parcels must mandatorily include electric vehicle (EV) charging points for the general public. While only one fuel station has been established on an MSRTC plot to date, officials believe this new mandate will significantly expand the… Continue reading MSRTC mandates EV charging points at new fuel stations on its land parcels
Author: Economic Times of India Online News
TVS Supply Chain arm acquires Swamy and Sons 3PL for ₹88 crore, deepens FMCG warehousing play
In FY2025, Swamy and Sons 3PL reported revenue of ₹207 crore with a profit before tax margin of 3.2 per cent. FIT 3PL Warehousing Pvt Ltd, a wholly owned subsidiary of TVS Supply Chain Solutions, has acquired Hyderabad-based Swamy and Sons 3PL for ₹88 crore, strengthening its presence in the fast-moving consumer goods (FMCG) logistics… Continue reading TVS Supply Chain arm acquires Swamy and Sons 3PL for ₹88 crore, deepens FMCG warehousing play
India’s mobility transition must be multi-fuel, multi-path to balance growth, sustainability, says SIAM
At India Energy Week 2026 in Goa, Banerjee said mobility has shifted from an automotive issue to a broader energy systems challenge. India’s mobility transition cannot rely on a single technology or fuel pathway and must instead follow a multi-fuel, multi-powertrain approach to balance rising energy demand, sustainability, and energy security, according to P K… Continue reading India’s mobility transition must be multi-fuel, multi-path to balance growth, sustainability, says SIAM
KM Birla signals $6-billion push at Hindalco as India’s manufacturing cycle strengthens
The renewed upstream push comes after Hindalco spent the past five years deliberately building downstream capabilities. Aditya Birla Group Chairman Kumar Mangalam Birla has outlined a renewed manufacturing and metals expansion strategy for the Aditya Birla Group, anchored by a $6-billion upstream investment plan at Hindalco over the next five years, as India’s industrial and… Continue reading KM Birla signals $6-billion push at Hindalco as India’s manufacturing cycle strengthens
Essar’s Green Mobility eyes 30,000 clean trucks, 100 fuel-charging hubs in India
Electric vehicle charging stations at petrol pumps Essar Green Mobility is targeting to deploy 30,000 LNG and electric trucks supported by a network of 100 alternative fuel and charging hubs across the country as part of India’s largest clean freight initiatives, an official said. The expansion is expected to cut around one million tonnes of… Continue reading Essar’s Green Mobility eyes 30,000 clean trucks, 100 fuel-charging hubs in India
Bengaluru to get revised comprehensive mobility plan to tackle rising congestion: Report
Under guidelines issued by the MoHUA, cities must revise their mobility plans every five years to remain eligible for central funding and to align with long-term transport goals. Bengaluru, ranked the world’s second most congested city after Mexico City in 2025 by the Traffic Index released by Dutch location technology firm TomTom, will get a… Continue reading Bengaluru to get revised comprehensive mobility plan to tackle rising congestion: Report
General Motors’ core profit rises on higher demand for SUVs, pickup trucks
General Motors reported a higher fourth-quarter core profit on Tuesday, helped by stronger sales of its affordable crossover SUVs and pickup trucks through the year. Its pre-tax earnings on an adjusted basis rose about 13 per cent to $2.84 billion compared with about $2.51 billion a year ago. The company said it expects an annual… Continue reading General Motors’ core profit rises on higher demand for SUVs, pickup trucks
Delhi Transport department issues directive for proper checks at PUC centres
PUC centres In its bid to strengthen checks on polluting vehicles in the city, the transport department has directed all PUC centres to strictly enforce norms set by the government, officials said on Tuesday. According to an order issued by the Delhi transport department, after routine checks of the pollution under check (PUC) centres, it… Continue reading Delhi Transport department issues directive for proper checks at PUC centres
Auto dealers in Madhya Pradesh expects tax relief, EV push and demand revival
Automobile dealers and manufacturers in Madhya Pradesh are pinning high hopes on the Union Budget 2026, scheduled to be presented on Feb 1, seeking measures to revive demand across passenger vehicles, two-wheelers and electric mobility segments. Dealers said sales momentum remained uneven over the past year, particularly in entry-level cars, two-wheelers and EVs, prompting expectations… Continue reading Auto dealers in Madhya Pradesh expects tax relief, EV push and demand revival
Auto companies fall on fear of more EU imports
Auto stocks fell as much as 4.3 per cent on Tuesday after reports said India may slash tariffs on vehicles imported from the European Union (EU) as part of the India-Europe free trade agreement, raising fears of increased competition from European carmakers. Analysts said the decline was largely sentiment-driven, with limited impact seen in the… Continue reading Auto companies fall on fear of more EU imports