Noida has nearly 1 lakh of the 15 years or older petrol vehicles and 20,000 of the 10 years or older diesel vehicles. NOIDA: The transport department officials on Wednesday said the UP government recently approved the scrapping policy, and more Registered Vehicle Scrapping Facilities (RVSFs) will be coming up in Noida soon. The city… Continue reading More vehicle scrapping facilities in Noida soon
Tag: Suzuki
Indian companies likely to raise funds via public issues in 2023 as cash tightens
Corporates have traditionally preferred raising funds via private placements due to its ease, shorter execution time, and lower costs overall. Fundraising through public issues could see an uptick in 2023 as retail investors bet on attractive interest rates and companies look to diversify their funding portfolio under tightening liquidity conditions, bankers and analysts said. Indian… Continue reading Indian companies likely to raise funds via public issues in 2023 as cash tightens
Infrastructure industry hopes history to repeats itself in H2FY23
The construction equipment market in India anticipates a rebound in road building and other infrastructure-related activities in the second half of the current fiscal year, following the recent trend of past two years. The change appears to be evident because the rate of road construction has increased significantly over the last three months, from a… Continue reading Infrastructure industry hopes history to repeats itself in H2FY23
Infrastructure industry hopes history to repeats itself in H2FY23
The construction equipment market in India anticipates a rebound in road building and other infrastructure-related activities in the second half of the current fiscal year, following the recent trend of past two years. The change appears to be evident because the rate of road construction has increased significantly over the last three months, from a… Continue reading Infrastructure industry hopes history to repeats itself in H2FY23
After Toyota, Pak Suzuki to shut production plant from January
Economic experts have attributed the development to very high auto prices, which has crashed demand. Citing a shortage of inventory level following a restriction on the import of auto parts, Pak Sukuzi Motor Company (PSMC) on Monday announced that its production plants will be closed completely from January 2 to 6, reported Geo News. Earlier… Continue reading After Toyota, Pak Suzuki to shut production plant from January
Maruti Suzuki eyes third consecutive year of double-digit growth, plans 2.3-2.5 million output in FY24
Maruti Suzuki eyes third consecutive year of double-digit growth, plans 2.3-2.5 million output in FY24 Maruti Suzuki, the country’s largest car maker has set itself an ambitious target to grow by a strong double digit for the third consecutive year in FY24. Autocar Professional has learnt that Maruti Suzuki is exploring multiple scenarios for production in… Continue reading Maruti Suzuki eyes third consecutive year of double-digit growth, plans 2.3-2.5 million output in FY24
Save Money This Winter
CTEK Shares the Real Cost of Battery Charging CHICAGO, Dec. 23, 2022 /PRNewswire/ — Inflation in the United States continues to rise as consumers are seeing the costs of goods and services higher than it has been in years. Consumers are trying to find ways to save money, especially following a busy, and expensive, holiday… Continue reading Save Money This Winter
SUVs overtake humble hatchbacks as the biggest selling body style in India
The Sports Utility Vehicle (SUV) segment has become the largest selling vehicle body type in the Indian market, overtaking the humble hatchback which was the primary choice for the millions of Indians over the years. Increased affordability due to rising disposable income and high-decibel new vehicle launches over the years have expanded the bouquet of… Continue reading SUVs overtake humble hatchbacks as the biggest selling body style in India
Maruti Suzuki keen to rev up exports, inks five-year pact with Kamarajar Port
Maruti Suzuki India has signed a five-year agreement with Kamarajar Port Ltd for export of its passenger vehicles to global markets. Kamarajar Port (erstwhile Ennore Port) will be used for export shipments to Africa, Middle East, Latin America, ASEAN, Oceania and SAARC regions. Kamarajar Port is located on the Coromandel coast, about 24km north of… Continue reading Maruti Suzuki keen to rev up exports, inks five-year pact with Kamarajar Port
Government must review tax structure to keep auto industry on fast lane, says R C Bhargava
While the industry has grown in strong double-digits this year, demand is coming from the more premium end of the market, indicating stress on affordability at the entry-level, head of the country’s largest carmaker pointed out. India needs to re-examine the tax structure on automobiles – which stands highest even among partly-developed nations in the… Continue reading Government must review tax structure to keep auto industry on fast lane, says R C Bhargava