The Bus Rapid Transit System (BRTS) corridor in Indore is set to become the first green transport corridor in India. The 11.45 km-long route will replace all diesel-run buses with electric buses. Indore Municipal Corporation has already purchased ten electric buses, and more will be purchased in the coming days. The BRTS stretch between the Niranjanpur intersection and Rajiv Gandhi[Read More…]
TVS Trucks is engaged in the automotive dealership business in India Ashok Leyland Ltd has announced that it has acquired nearly 50% of TVS Trucks and Buses Pvt Ltd for a sum of INR 25 crore. TVS Trucks is a company that deals in the automotive dealership business in India and was established on June 13, 2023. Ashok Leyland has[Read More…]
The current fleet of BEST comprises approximately 3,000 buses, out of which more than 1,800 are wet-lease buses. Brihan Mumbai Electric Supply & Transport Undertaking (BEST) has awarded a contract to a consortium consisting of Olectra Greentech Limited and Evey Trans Private Limited. The contract is for the supply, operation, and maintenance of 2,400 electric buses over 12 years on[Read More…]
RECORD DECLINE IN MAHARASHTRA, KARNATAKA, AND TELANGANA Tractor sales in India, which are considered a proxy for rural economic health, have seen a significant decline in key states in the west and south during the first nine months of the fiscal year. This has resulted in a 4% decrease in overall sales, making India the world’s largest market for the[Read More…]
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