Two-wheeler exports also performed well, with a 21 per cent increase. Sales rose from 88,450 units in May 2024 to 106,879 units in May 2025. TVS Motor Company reported a 17 per cent increase in its monthly sales, rising from 369,914 units in May 2024 to 431,275 units in May 2025. The growth was witnessed… Continue reading TVS Motor sales rise 17% to 431,275 units in May 2025
Author: Economic Times of India Online News
India to create 7.29 million green jobs by FY28, 35 million by 2047: Report
With this massive growth, India is also set to create a huge number of green jobs — around 7.29 million by the financial year 2027-28 and 35 million by the year 2047, according to a NLB Services report India’s green economy is growing rapidly and is expected to reach a value of $1 trillion by… Continue reading India to create 7.29 million green jobs by FY28, 35 million by 2047: Report
Indian exporters worried over US tariff hikes on steel, aluminium goods
The Federation of Indian Export Organisations (FIEO) has expressed concern over the recent announcement by US President Donald Trump to double import tariffs on steel and aluminium from 25 per cent to 50 per cent, citing potential disruption to India‘s steel and aluminium exports, particularly in value-added and finished steel products and auto- components. Reacting… Continue reading Indian exporters worried over US tariff hikes on steel, aluminium goods
Genesys International net profit surges 160% in FY25
He added that the rollout of the India Map Stack marked a key milestone in enabling next-generation solutions. Genesys International Corporation, an advanced mapping company, reported a 55.16 per cent increase in total revenue for the financial year ended March 31, 2025, reaching ₹315.39 crore compared to ₹203.27 crore in FY24. The company also posted… Continue reading Genesys International net profit surges 160% in FY25
‘India needs to be watchful of any trade diversion risk due to steel tariff challenges’
In FY25, steel imports rose 9.2 per cent to 10.5 million tonne, while exports declined sharply by 27 per cent to 6.3 million tonne, resulting in India remaining a net importer for the second year in a row. India needs to be watchful of any increased risk of trade diversion into the country due to… Continue reading ‘India needs to be watchful of any trade diversion risk due to steel tariff challenges’
PM E-Drive halfway down the road for 2 & 3-wheelers: HD Kumaraswamy
Updated On Jun 2, 2025 at 07:51 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals HD Kumaraswamy New Delhi: The PM E-Drive scheme, which seeks to accelerate the adoption of electric vehicles, has so far achieved nearly 50per cent of its targets for two- and three-wheeler sales, said union steel and… Continue reading PM E-Drive halfway down the road for 2 & 3-wheelers: HD Kumaraswamy
M&M sales rise 17% to 84,110 units in May, SUV sales up 21%
Updated On Jun 1, 2025 at 04:38 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Mahindra & Mahindra Ltd. reported a 17 per cent year-on-year increase in total auto sales for May 2025, with 84,110 vehicles sold across domestic and export markets. The growth was driven primarily by strong demand in… Continue reading M&M sales rise 17% to 84,110 units in May, SUV sales up 21%
Tata Motors sales down 9% to 70,187 units in May
Updated On Jun 1, 2025 at 02:20 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Tata Motors reported total sales of 70,187 units in May 2025 across domestic and international markets, marking a 9 per cent decline from 76,766 units in May 2024. Passenger vehicle (PV) sales, including electric vehicles, stood… Continue reading Tata Motors sales down 9% to 70,187 units in May
IndianOil finalises India’s largest Green Hydrogen project at Panipat
The plant aims to bolster India’s green energy mission, contributing to a sustainable and carbon-neutral future. In a major step towards promoting clean energy in India, IndianOil has finalised the Levelized Cost of Hydrogen (LCOH) for setting up a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This… Continue reading IndianOil finalises India’s largest Green Hydrogen project at Panipat
Physical toll booths at city borders to be removed
Once MMLF is deployed, vehicles will not have to stop as overhead cameras across the lanes can read the vehicle registration number and deduct the charge from FASTag wallet linked to the vehicle. In a move that could reduce, if not end, the long queues at the Capital’s borders, agencies including Delhi govt, Municipal Corporation… Continue reading Physical toll booths at city borders to be removed