Demonetisation affected numerous truck and bus operations in India. Story by: Bhushan Mhapralkar While many may hail prime minister Narendra Modi’s decision to strike out Rs.500 and Rs.1000 notes, and introduce new Rs.2000 notes in an effort to curb black money, and the menace of fake currency, the effect of what is being termed as demonetisation is affecting every Indian,[Read More…]
The (truck) trailer segment in India is optimistic about growth. It is looking at outperforming its global peers over the medium- and long-term. Story by: Ashish Bhatia The cancellation of Rs.500 and Rs.1000 notes under the guise of ‘demonetisation’ may pose a challenge to the Indian transportation sector, a big chink of which includes the trucking industry, the fact is,[Read More…]
Volvo Buses India has upgraded its inter-city bus range; the engines are now BSIV emission compliant. Story by: Ashish Bhatia Volvo Buses commands 65 per cent of the premium luxury inter-city bus market in India. The market is claimed to be a meagre 3 to 4 per cent of the overall bus market in India. Claimed to have kick-started this[Read More…]
With Sri Lankan finance minister Ravi Karunanayake announcing in his 2017 budget speech, that his government will encourage use of electric cars over three-wheelers by reducing excise duty and giving an interest rate subsidy on loans, the export of autorickshaws from India is likely to decline. Claim industry sources that Karunanayake, in his speech, has mentioned the levying of carbon[Read More…]
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