Bridgestone India’s Pune plant receives carbon neutral verification

Tyre major Bridgestone India’s plant at Chakan, Pune district has been verified as being carbon neutral for the year 2022. LRQA conducted an audit in the months of May-June 2023 and post the audit the Pune plant stands verified as carbon neutral for 2022, according to the international PAS 2060 standard by leading global assurance partner,… Continue reading Bridgestone India’s Pune plant receives carbon neutral verification

Auto industry views Gadkari’s diesel tax hike proposal as a wake-up call

With the Union Minister for Road Transport and Highways, Nitin Gadkari, mulling the levy of a 10% GST or a pollution tax on diesel vehicles, auto industry leaders have dubbed this as a “wake-up call to transition to green fuels” and a “radical move” for industry members still working with a diesel-heavy portfolio. Speaking at… Continue reading Auto industry views Gadkari’s diesel tax hike proposal as a wake-up call

“Aim to reduce logistics costs from double-digit to 9% in 3 years”: Nitin Gadkari

In order to be competitive, the country will need to reduce its logistics costs, said Nitin Gadkari. Addressing the 63rd Annual SIAM Convention, the Union Minister for Road, Transport and Highways assured that in the coming three years, the logistics costs would be reduced to a single digit of 9%, enabling further ease in exports… Continue reading “Aim to reduce logistics costs from double-digit to 9% in 3 years”: Nitin Gadkari

CEAT signs Shafali Verma as brand ambassador

CEAT, India’s leading tyre manufacturer, has announced the signing of Shafali Verma, the prodigious Indian cricketer, as its latest brand ambassador. With this, Shafali joins the list of CEAT’s cricketing brand ambassadors, which includes stalwarts like Rohit Sharma, Shubman Gill, Shreyas Iyer, Harmanpreet Kaur, and Mathew Hayden. At the age of 15, Shafali became the… Continue reading CEAT signs Shafali Verma as brand ambassador

To accelerate EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir will begin in a year

Nitin Gadkari, the Union Minister for Transport and Highways revealed that he recently met with Jammu and Kashmir government officials and asked them to speed up the efforts for lithium mining. He also asked them to seek assistance from the private sector.  In February of this year, India announced the discovery of 5.9 million tonnes of… Continue reading To accelerate EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir will begin in a year

To accelerate EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir will begin in a year

Nitin Gadkari, the Union Minister for Transport and Highways revealed that he recently met with Jammu and Kashmir government officials and asked them to speed up the efforts for lithium mining. He also asked them to seek assistance from the private sector.  In February of this year, India announced the discovery of 5.9 million tonnes of… Continue reading To accelerate EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir will begin in a year

To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

Nitin Gadkari, the union minister for transport and highways, revealed that he recently met with Jammu and Kashmir government officials and asked them to speed up the efforts. He also asked them to seek assistance from the private sector.  In February of this year, India announced the discovery of 5.9 million tonnes of inferred lithium reserves… Continue reading To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

Nitin Gadkari, the union minister for transport and highways, revealed that he recently met with Jammu and Kashmir government officials and asked them to speed up the efforts. He also asked them to seek assistance from the private sector.  In February of this year, India announced the discovery of 5.9 million tonnes of inferred lithium reserves… Continue reading To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

Nitin Gadkari, the union minister for transport and highways, revealed that he recently met with Jammu and Kashmir government officials and asked them to speed up the efforts. He also asked them to seek assistance from the private sector.  In February of this year, India announced the discovery of 5.9 million tonnes of inferred lithium reserves… Continue reading To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

Auto stocks react on government’s suggestion to impose 10% tax on diesel engines

Auto stocks were trading lower on the back of Union Minister Nitin Gadkari’s announcement, proposing to levy an additional 10% GST tax on vehicles, but then recovered gains, upon the minister’s clarification. Speaking at the 63rd SIAM convention, the Minister for Roads, Transport and Highways stated that he would ask the FM to impose this… Continue reading Auto stocks react on government’s suggestion to impose 10% tax on diesel engines