Synopsis The Indian logistics industry is expected to experience rapid growth and create 10 million jobs by 2027, thanks to government policies and increased economic activity. Reforms such as the Production-Linked Incentive (PLI) scheme,...
India’s commercial vehicle (CV) sales volume is expected to experience a slowdown in growth, projected to reach low-to-mid single digits, according to Fitch Ratings. The rating agency attributes this deceleration to increasing ownership costs,...
Synopsis The government will look at imposing additional taxes to restrict sale of diesel vehicles unless automakers voluntarily move away from the fuel, Minister of Road, Transport & Highways Nitin Gadkari (MoRTH) said. Sales...
The contribution of roughly Rs 1000 crore to TCI’s overall revenues of Rs 3,800 crore in the previous fiscal year of FY23 demonstrates the significant value that the automotive industry provides. In a bid...
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