Sugar mills and distilleries have garnered Rs 20,500 crore in revenue in 2021-22, from the sale of ethanol to OMCs. Furthermore, the government on Wednesday stated that during the current sugar season 2022-23 (October – September), about 3,353 lakh tonnes of sugarcane, worth Rs1,11,366 crore were purchased by sugar mills, which is the second highest,… Continue reading Sugar mills rake in Rs 20,500 Crore from ethanol Sales to oil companies, India aims for third spot by 2025-26
Author: Autocar_Professional India Online News
Green hydrogen conference to bring together global leaders in New Delhi
The Ministry of New and Renewable Energy will host an international conference on green hydrogen from July 5 to 7, 2023, in New Delhi. The goal is to bring together scientists and business leaders from around the world to talk about new developments and technologies in the entire green hydrogen value chain. Participants in the sector… Continue reading Green hydrogen conference to bring together global leaders in New Delhi
Transport Ministry sets up a control room to monitor traffic movements along highways during monsoon
As per a press statement, the Control Room was set up to keep an eye on the problems caused by heavy rains on the country’s National Highways, such as traffic jams, accidents caused by poor vision and potholes, water logging, road blockage, and landslides, among other things. In preparation for the monsoon, the Ministry of Road… Continue reading Transport Ministry sets up a control room to monitor traffic movements along highways during monsoon
Multipl partners with Acko to offer integrated insurance payment options to its customers
Multipl, India’s first and only PE-backed Invest for Spending platform, has partnered with Acko, a tech-first insurance firm, to offer integrated insurance payment options to its customers. The partnership is a step to provide car owners with an option to invest and renew their policy with an extra benefit of returns. The association will see… Continue reading Multipl partners with Acko to offer integrated insurance payment options to its customers
Yulu launches first campus ambassador programme to foster entrepreneurship
The Wynn Freedom Ambassadors will regularly attend information sessions at Yulu’s office, getting updated with electric mobility, marketing and sales strategies, and the dynamic start-up ecosystem in the country. Shared electric mobility firm Yulu has launched its first campus ambassador programme ‘Wynn Freedom Ambassador,’ which invites students from Bengaluru to hone their entrepreneurial skills with… Continue reading Yulu launches first campus ambassador programme to foster entrepreneurship
South Indian Bank signs MoU with M&M for dealer finance
South Indian Bank has signed a Memorandum of Understanding (MoU) with Mahindra and Mahindra’s Automobile division for providing the latter’s dealers with financing solutions, thereby meeting their vehicle inventory funding requirements. Biji S.S, Senior General Manager and Group Business Head, South Indian Bank, said, “This alliance augments our focus on dealer finance business and we are confident… Continue reading South Indian Bank signs MoU with M&M for dealer finance
Government assures PLI beneficiaries their issues will be resolved: PTI
The government on Tuesday assured beneficiaries of the Production Linked Incentive scheme to resolve their issues, if any so that they can avail the PLI benefits on time, PTI reported. Various technical issues were brought to light by industry players at a workshop held by the commerce and industry ministry on the PLI (Production Linked… Continue reading Government assures PLI beneficiaries their issues will be resolved: PTI
ABB expands large robot family with four energy-saving models and 22 variants
ABB Robotics is expanding its large robot offering with four new models and 22 variants offering more choice increased coverage and greater performance. The next-generation models include the IRB 6710, IRB 6720, IRB 6730 and IRB 6740, suitable for payloads ranging from 150kg to 310kg, with a reach from 2.5m to 3.2m, offering users greater… Continue reading ABB expands large robot family with four energy-saving models and 22 variants
Carmakers to post record June dispatches but growth rate likely to fall to low single digit
It is going to be a bittersweet June for the Indian passenger car market. Despite registering the highest number of June dispatches ever at 3.25 to 3.30 lakh units, Autocar Professional learns that the growth rate for the month is expected to fall to 2.5-4 percent, which is the lowest growth rate in fifteen months.… Continue reading Carmakers to post record June dispatches but growth rate likely to fall to low single digit
Carmakers to post record June dispatches but growth rate likely to fall to low single digit
It is going to be a bittersweet June for the Indian passenger car market. Despite registering the highest number of June dispatches ever at 3.25 to 3.30 lakh units, Autocar Professional learns that the growth rate for the month is expected to fall to 2.5-4 percent, which is the lowest growth rate in fifteen months.… Continue reading Carmakers to post record June dispatches but growth rate likely to fall to low single digit