Protecting domestic EV players while opening the market through trade agreements requires careful calibration. India’s electric vehicle (EV) sector is at an inflection point. As the country pushes aggressively toward achieving its climate goals under its Nationally Determined Contributions (NDCs) and net-zero targets by 2070, the government is recalibrating its EV policies — and increasingly… Continue reading Charging ahead: Aligning India’s EV growth with free trade agreements
Author: Economic Times of India Online News
NHAI speeds up its plan to revamp three key stretches
Both the Delhi govt and the road transport ministry have worked out plans to improve major highway stretches falling in the national capital to increase their capacity for smooth traffic flow. Fast-tracking plans for improvement of key National Highway (NH) stretches in Delhi for better traffic flow — Ashram-Badarpur (NH-2), Haryana Border-Punjabi Bagh (NH-9) and… Continue reading NHAI speeds up its plan to revamp three key stretches
Corporation pushes for solar rooftop and e-vehicle subsidies to achieve zero carbon emission
Charging infrastructure will be developed simultaneously, with stations planned at major transport hubs and public parking areas. In a major push to make state capital a zero-carbon emission city, corporation submitted a fresh proposal to the district planning committee (DPC) seeking subsidies for electric vehicles (EVs) and solar rooftop installations across all 100 wards. Currently,… Continue reading Corporation pushes for solar rooftop and e-vehicle subsidies to achieve zero carbon emission
Ashok Leyland to Diageo, top corporates bet big on Andhra Pradesh
New Delhi: Andhra Pradesh has been able to drum up investment from the likes of Ashok Leyland and ReNew besides bringing back alcohol majors United Spirits, Radico Khaitan and Diageo since N Chandrababu Naidu became chief minister in June last year. This is in addition to recent big-ticket investment plans by Reliance and ArcelorMittal/ Nippon… Continue reading Ashok Leyland to Diageo, top corporates bet big on Andhra Pradesh
KTM co-owner Bajaj Auto signs €566m loan before funding deadline
The co-owner of the KTM AG motorcycle maker has secured a €566 million ($632 million) one-year loan within days of a deadline to fund an insolvency plan at the troubled Austrian company. The European unit of Bajaj Auto Ltd. agreed to the unsecured loan with JP Morgan Chase & Co., DBS Bank Ltd. and Citigroup… Continue reading KTM co-owner Bajaj Auto signs €566m loan before funding deadline
Japan mulls subsidies for Tesla’s EV charging stations in tariff talks, TBS says
Japan is seeking a third round of US trade talks next week and the nation’s top trade negotiator, Ryosei Akazawa, could travel to Washington. Japan is considering a plan to offer subsidies for building charging stations for Tesla electric vehicles in tariff talks with the United States, broadcaster TBS reported on Saturday. The government currently… Continue reading Japan mulls subsidies for Tesla’s EV charging stations in tariff talks, TBS says
Global semiconductor industry to grow by over 10% in 2025, says Taiwan’s SMC
Looking ahead, Zhang said that by 2030, AI applications are projected to account for 45 percent of semiconductor sales. The global semiconductor industry is expected to grow by more than 10 per cent in 2025, with strong demand being driven by artificial intelligence (AI) technologies, as per a Focus Taiwan report which cited a senior… Continue reading Global semiconductor industry to grow by over 10% in 2025, says Taiwan’s SMC
Amazon merges Indian logistics arm with marketplace entity to streamline operations
Amazon Transportation Services (ATS), the American ecommerce giant’s Indian logistics arm, is merging with Amazon Seller Services, the primary marketplace entity in India, according to a board approval document filed by the latter with the Registrar of Companies (RoC) and accessed by ET. The National Company Law Tribunal (NCLT) has granted interim clearance for the… Continue reading Amazon merges Indian logistics arm with marketplace entity to streamline operations
200-tonne steel span installed on Barapullah Flyover for Namo Bharat Corridor
A 200-tonne steel span with four girders has been installed on the Barapullah flyover to connect Sarai Kale Khan station with the upcoming Jangpura stabling yard on the Delhi-Ghaziabad-Meerut Namo Bharat Corridor. The Jangpura stabling yard, close to Sarai Kale Khan station, is being developed for stabling Namo Bharat trains. Since a drain flows close… Continue reading 200-tonne steel span installed on Barapullah Flyover for Namo Bharat Corridor
Maharashtra Government signs MoU for development of sustainable industrial and logistics parks
The planned industrial and logistics parks will be strategically located. Locations include Panvel, Bhiwandi, Chakan (Pune), Nagpur, and Sinnar (Nashik). The Maharashtra government and Horizon Industrial Parks and Xsio Logistics Parks signed a memorandum of understanding on Wednesday to develop over ten industrial and logistics parks across the state, Hindustan Times reports. A move expected… Continue reading Maharashtra Government signs MoU for development of sustainable industrial and logistics parks