Indian automakers posted record sales volumes in fiscal 2024 and the momentum is expected to continue in the current financial year. Automakers, including Maruti Suzuki, Tata Motors, and TVS Motor reported higher sales of cars and two-wheelers in April from a year earlier, monthly data from the companies showed on Wednesday. Each month, automobile makers… Continue reading Automakers report higher car, two-wheeler sales in April
Author: Economic Times of India Online News
TVS Motor sales increases 25% to 383,615 units in April 2024
Two-wheeler exports registered a growth of 18% with sales increasing from 61,830 units in April 2023 to 73,143 units in April 2024. New Delhi: TVS Motor Company registered a growth of 25% with sales increasing from 306,224 units in April 2023 to 383,615 units in April 2024. Total two-wheelers registered a growth of 27% with… Continue reading TVS Motor sales increases 25% to 383,615 units in April 2024
India woos foreign investors for big push to critical minerals sector
Dermal also highlighted India’s available processing technologies for these minerals and referenced amendments to offshore mining regulations. New Delhi: Invest India on Tuesday highlighted the huge business opportunity for critical mineral processing in the country to foreign investors with details of fiscal and non-fiscal incentives being offered to push growth in the sunrise sector. On… Continue reading India woos foreign investors for big push to critical minerals sector
NHAI set to incorporate wayside amenities into design of highways
With wayside amenities now becoming part of holistic planning of expressways, land acquisition for establishing such amenities will be done along with highways. In a shift in strategy, National Highways Authority of India (NHAI) is set to incorporate wayside amenities into the design of upcoming greenfield access-controlled highways, aiming to elevate the overall travel experience.… Continue reading NHAI set to incorporate wayside amenities into design of highways
Rockwell Automation to open new manufacturing facility in Chennai
Rockwell is investing in India by expanding its manufacturing presence and building a new factory in Chennai. New Delhi: Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, Tuesday announced plans to open a new manufacturing facility in Chennai. The facility in Chennai, at Sholinganallur Elcot SEZ, is expected to open… Continue reading Rockwell Automation to open new manufacturing facility in Chennai
Maruti Suzuki join hands with AIIMS and IRF on emergency care training for drivers
Participants Received comprehensive training in emergency care in collaboration with Jai Prakash Narayan-AIIMS Trauma Center, Delhi. New Delhi:Maruti Suzuki India Limited has partnered with AIIMS, India’s premier medical institute, and International Road Federation (IRF), to provide first aid and trauma care training to commercial drivers at its Institute of Driving and Traffic Research (IDTR). Through… Continue reading Maruti Suzuki join hands with AIIMS and IRF on emergency care training for drivers
Hydrogen markets soar towards transparent future amid global growth
Traditionally, the hydrogen market relied on long-term infrastructure projects and undisclosed supply contracts structured before the final investment decision. In the rapidly evolving landscape of low-carbon hydrogen and ammonia markets, the pursuit of pricing transparency is gaining momentum, according to an analysis by S&P Global Commodity Insights. The growing recognition among market participants that access… Continue reading Hydrogen markets soar towards transparent future amid global growth
Production at three Stellantis plants hit by strike to restart in early May
The Hordain plant makes vans and mini buses for Stellantis brands and also Toyota. Production at three Stellantis assembly plants in Europe will restart in the first days of May, a spokesman said on Tuesday, after the automaker found alternative solutions for the sourcing of parts. The sites, in France and Britain, have been halted… Continue reading Production at three Stellantis plants hit by strike to restart in early May
Charge Zone to speed up EV charging network expansion with UK institutional investment
ChargeZone Charging Station New Delhi: Charge Zone, a leading electric vehicle (EV) charging network has secured a USD 19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. With this new capital injection, Charge Zone is poised to expedite the expansion of its high-speed charging network for electric… Continue reading Charge Zone to speed up EV charging network expansion with UK institutional investment
Rupee counts on support from central bank before Fed policy decision
The RBI will “in all likelihood” not want the rupee to slip below the all-time low of 83.5750, a trader at a different bank said. The Indian rupee will open broadly unchanged on Tuesday amid likely dollar demand and expectations that the central bank will not allow the currency to hit a new all-time low.… Continue reading Rupee counts on support from central bank before Fed policy decision