The Chhattisgarh government signed an investment proposal with Polymatech Electronics during the ‘Chhattisgarh Investor Connect’ held in New Delhi in December 2024. The foundation stone for India’s first Gallium Nitride (GaN)-based semiconductor manufacturing plant of chip-making firm Polymatech Electronics in Nava Raipur was laid by Chattisgarh Chief Minister Vishnu Deo Sai on Friday. Polymatech Electronics… Continue reading Foundation stone for India’s first GaN-based semicon plant laid in Raipur
Author: Economic Times of India Online News
Domestic autos, cement, infra poised to shine as interest rates ease: Sandip Sabharwal
Sandip Sabharwal ‘Exorbitant tariffs, like what is there with China, is effectively saying that there will be zero trade because at 70, 80, 100 or anything above that percentage tariff, it is impossible to have trade,’ says Sandip Sabharwal, asksandipsabharwal.com.For once, I was chatting with Kunal. We are feeling bad that Thursday was a trading… Continue reading Domestic autos, cement, infra poised to shine as interest rates ease: Sandip Sabharwal
Amazon founder Jeff Bezos is funding a ‘secret’ EV startup that has hired employees from Ford, General Motors and Harley-Davidson
Jeff Bezos Amazon founder Jeff Bezos has been identified as a significant backer of Slate Auto, a Michigan-based electric vehicle (EV) startup operating under the radar since its inception in 2022. According to a report by TechCrunch, the company is developing a budget-friendly two-seat electric pickup truck, projected to cost around $25,000, with the goal… Continue reading Amazon founder Jeff Bezos is funding a ‘secret’ EV startup that has hired employees from Ford, General Motors and Harley-Davidson
Madhur Bajaj, former vice-chairman of Bajaj Auto, dies at 73
Madhur Bajaj, Bajaj Auto Madhur Bajaj, former vice-chairman of Bajaj Auto, passed away on Friday at the age of 73. He played an integral role in the development of Bajaj Auto and was a driving force in India’s motorised two- and three-wheeler sectors. ETAuto had earlier reported that Madhur Bajaj stepped down from his position… Continue reading Madhur Bajaj, former vice-chairman of Bajaj Auto, dies at 73
Trump’s 25% auto tariffs could cost US automakers $108 billion, study finds
For imported vehicles, the study found the average tariff cost per vehicle to be $8,722 for the overall industry and $8,641 for the Detroit Three. A new analysis by the Center for Automotive Research has found that President Donald Trump’s 25% auto tariffs imposed in early April will increase costs by about $108 billion for… Continue reading Trump’s 25% auto tariffs could cost US automakers $108 billion, study finds
Autoworkers Union Chief gives Trump’s tariffs a mixed review
“We’ve seen the attacks on Social Security and Medicare and Medicaid, programs that millions in the working class depending on.” The head of the United Auto Workers union voiced partial support Thursday for the Trump administration’s tariffs, saying targeted duties on other countries could help bring some manufacturing jobs back to the United States. But… Continue reading Autoworkers Union Chief gives Trump’s tariffs a mixed review
1.7cr unresolved offences against pvt vehicles outpace commercial wheels
The reliance on offence spotting cameras and fines don’t help, observed Anil Chikara, a transport expert. “Reckless drivers face no real deterrent. Name-and-shame campaigns and stricter training before granting a driving licence can make a real difference,” he said. While Delhi Traffic Police is considering ways to tackle the backlog of traffic violations by commercial… Continue reading 1.7cr unresolved offences against pvt vehicles outpace commercial wheels
Steel Ministry ramps up efforts to boost domestic scrap supply amid global export curbs
“There is a pressing need to shift focus towards scrappage from consumer goods at the end of their life cycle”, as well as from the engineering sector, said Material Recycling Association of India president Sanjay Mehta. The steel ministry has initiated discussions with other ministries on measures needed to enhance local supply of scrap for… Continue reading Steel Ministry ramps up efforts to boost domestic scrap supply amid global export curbs
As Trump takes a break, India can focus on new trade dynamics
In a perverse way, countries need to thank China because it was its aggressive retaliation which caused Trump to see red and come out all guns blazing. Mumbai: Donald Trump’s initial tariff blitzkrieg of April 2 has now narrowed down to a slugfest between the US and China which could have serious implications for the… Continue reading As Trump takes a break, India can focus on new trade dynamics
Enjoy zero cost mobility with EVs and rooftop solar charging
Combining forces with TPREL, we intend to democratise zero-emissions mobility and decouple EVs from the grid while reducing running costs for customers.” Sunlight is abundant in India, and with renewed government push for harnessing this free natural resource, the country is well on its way to significantly enhancing its rooftop solar power capacity. So how… Continue reading Enjoy zero cost mobility with EVs and rooftop solar charging