The Vote On Account or the Interim Union Budget 2024-25 gave signs of what’s to come for the auto industry in the Full Budget, writes Ashish Bhatia. The Vote On Account or the interim Union Budget attempted to sustain the momentum from the Union Budget 2023. It surpassed the previous CapEx outlay at 3.3 per cent of the GDP when[Read More…]
The National Capital is among metros oscillating between severe AQI levels and the acceptable limits. Richa Tyagi cites enforced measures for damage control in the absence of a concrete solution. From start of the new year on January 01, 2024, the GRAP Sub-Comittee unanimously decided to revoke Stage III keeping in view the “disruptive” nature of restrictions, impacting a large[Read More…]
The Indian EV industry wore a scar despite vying for a ‘Made in India’ status. The imports of lithium-ion battery packs until local produce pick up pace proved a sore point for the industry. It continues to dictate EV prices despite the fall of battery costs at a 10 per cent CAGR estimated by Bloomberg between 2018-24. Despite the subsidies[Read More…]
One of the largest tractor plant is in Hoshiyarpur, Punjab. Sumesh Soman visited the Sonalika Tractors shopfloor to get a sense of the new manufacturing advancements and operational peaks Sonalika brand of International Tractors Ltd. (ITL) in the month of October 2022 clocked a delivery of 20,000 tractors which was its highest-ever wholesale dispatch. It also marked 16 per cent[Read More…]
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