The triumphs of India’s commercial vehicle industry were celebrated at the prestigious 15th Apollo CV Awards 2024. Ashish Bhatia writes why the Mahindra Bolero MaXX Pik-Up HD and the Force Urbania, crowned ‘CV Of The Year’, epitomise a commitment to transformation and profitability tailored for India’s unique demands. The much-awaited milestone 15th Apollo CV Awards 2024 had the bigwigs of[Read More…]
The Indian government is considering legal action against Hero Electric, Okinawa Autotech, and Benling India to recover wrongfully availed subsidies under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. Despite repeated attempts by the Ministry of Heavy Industries to retrieve the disputed amounts, these companies have failed to comply. As the outstanding dues accumulate daily, the government is[Read More…]
The Indian Oil Corporation (IOC) has made a significant reduction in petrol and diesel prices by up to Rs 15.3 per litre in the Lakshadweep islands. This marks the most significant cut in fuel prices the country has ever seen. The move comes after Prime Minister Narendra Modi’s visit to the islands on Jan 24 that went viral on social[Read More…]
Maruti Suzuki’s Hansalpur unit in Gujarat has built India’s first in-plant railway siding for transporting finished car dispatches by train. This move will help the company eliminate 50,000 truck-trips annually. Maruti has built an in-plant railway siding at a cost of ₹105 crore. This siding is connected to the Katosan-Becharaji-Ranauj route, which has been converted to Broad Gauge at a[Read More…]
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