The focus is on improving turnaround times, ensuring fleet availability, and maximising utilisation. Mahindra Logistics and Asian Paints have partnered to enhance Asian Paints’ supply chain efficiency. Mahindra Logistics will provide integrated line haul transportation solutions, specifically for short distances, utilising their new “Pro-Trucking” offering. This partnership builds upon existing warehousing collaboration between the two… Continue reading Mahindra Logistics partners with Asian Paints to enhance supply chain efficiency with ‘Pro-Trucking’ solutions
Author: Economic Times of India Online News
India needs 3.9 million EV charging stations by 2030, USD 450 million invested so far: Report
Standardisation and interoperability are highlighted as key factors for EV adoption. India’s electric vehicle (EV) charging market has attracted over USD 450 million in investments, primarily in public charging networks and battery-swapping models, according to the report “Charging Ahead II” released by GameChanger Law Advisors and Speciale Invest. Despite the growth, the country faces a… Continue reading India needs 3.9 million EV charging stations by 2030, USD 450 million invested so far: Report
M&M Q3 Preview: Strong volumes to drive revenue, PAT higher; margins to expand
The auto major clocked robust growth in volumes in both the auto and farm segments. While auto volumes were up 17% YoY, that of farm segments rose 20% YoY in Q3. Mahindra and Mahindra (M&M) is expected to report solid earnings for the third quarter ended December 2024, led by growth across segments and better… Continue reading M&M Q3 Preview: Strong volumes to drive revenue, PAT higher; margins to expand
HCLTech partners with ChargePoint to drive EV charging tech
It aims to leverage HCLTech’s engineering capabilities by way of an agile, product-focused operating model, to help ChargePoint deliver scalable and customisable EV charging experiences. IT services company HCL Technologies (HCLTech) on Thursday announced a collaboration with ChargePoint, a provider of networked charging solutions for electric vehicles, to drive innovation in EV charging software. According… Continue reading HCLTech partners with ChargePoint to drive EV charging tech
Public EV charging stations make rapid gains in Chandigarh
Financially, the public charging stations earned a revenue of INR 10.78 lakh, and it consistently increased from June last year. It seems owners of electric vehicles (EVs) are fast realising the difference between slow-paced charging at homes and fast-paced facility at public charging stations to charge their vehicles. According to the data, Chandigarh has witnessed… Continue reading Public EV charging stations make rapid gains in Chandigarh
ArcelorMittal to build new steel plant in US to meet auto sector demand
New car sales in the U.S. rose to a five-year high in 2024, helped by hybrid models, according to Wards Intelligence. ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S. automotive sector. The world’s… Continue reading ArcelorMittal to build new steel plant in US to meet auto sector demand
Auto retail sales rise 7% in January; passenger vehicles surge 16%: FADA
FADA reported a 15.53% YoY growth in the passenger vehicle (PV) segment. The Federation of Automobile Dealers Associations (FADA) has released its January 2025 vehicle retail data, revealing a 6.6% year-over-year (YoY) growth in auto retail. This growth exceeded expectations, indicating a positive start to the year. The increase was observed across all vehicle categories,… Continue reading Auto retail sales rise 7% in January; passenger vehicles surge 16%: FADA
Just 5k of 25 lakh vehicles in city get HSRPs, March 31 deadline may be extended
Bhosle said the RTO office would have a help desk from the next month for people finding it difficult to register and get appointments. The March 31 deadline to procure high-security registration plates (HSRP) for all vehicles registered before April 1, 2019 could be extended, a state transport department source said. The official said, “More… Continue reading Just 5k of 25 lakh vehicles in city get HSRPs, March 31 deadline may be extended
Telangana receives INR 176.5 cr for achieving milestones in road transport projects under SASCI scheme
For Milestone 1 Initiative B, Telangana awarded Automated Testing Stations (ATSs) in 37 districts, out of which, 21 ATSs have been awarded in priority districts. The Ministry of Road Transport and Highways (MoRTH) of the Union Government has approved the release of INR 176.5 crore to Telangana under the Special Assistance to States for Capital… Continue reading Telangana receives INR 176.5 cr for achieving milestones in road transport projects under SASCI scheme
IICA, CMAI sign MoU to strengthen carbon markets, advance decarbonisation
IICA and CMAI will collaborate on training programs, joint research, workshops, and policy advocacy to support India’s net-zero goals. The Indian Institute of Corporate Affairs (IICA) and the Carbon Market Association of India (CMAI) have signed a Memorandum of Understanding (MoU) in New Delhi to strengthen India’s carbon markets and accelerate decarbonisation efforts. The agreement… Continue reading IICA, CMAI sign MoU to strengthen carbon markets, advance decarbonisation