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Policies to increase e-buses sales to 75-80% this fiscal; CRISIL Ratings
These schemes include Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) (1 and 2), National Electric Bus Programme (NEBP) under Convergence Energy Service Ltd (CESL) (1 and 2), and PM-eBus Sewa Scheme.Read more
Policy push and new technologies to drive electrical vehicles sales in India
Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more
Joel George appointed as Kinetic Green VP Sales of 3-wheeler business
Kinetic Green is a pioneering and established OEM in India’s E3W and E2W space. Read more
CEAT appoints Vishal Pawar as Senior Vice President – Global Sales
Pawar began his career at TAFE (Tractors and Farm Equipment Limited). Then, he moved to CEAT and went on to work at Garware Technical Fibres.Read more
Salcomp to invest Rs 18 billion in India operations; triple sales to $3 billion
It is planning to expand the capacities for its new product lines which will include component for handsets.Read more
India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more
Jitendra New EV appoints Sachin Shende as National Head of Sales & Marketing
Established in 2016 under the Shah group, Jitendra New EV Tech Pvt. Ltd is a foray into the future of transportation. The Shah Group is a diversified conglomerate that operates across real estate, automotive, retailing, software, and manufacturing and is headed by Jitendra Shah, a first-generation entrepreneur. Read more
Construction equipment sales in India up by 26% in FY24: ICEMA
The construction equipment industry records increase in domestic sales for FY 24 by 24%; exports by 49%.Read more
Electric vehicle sales in India zoom
Backed by supportive government policy and low running costs, sales of electric vehicle (EV) grew across all segments in India in 2023, says Bloomberg New Economy Forum report.Read more
Cummins India results for the quarter recorded Rs 2,502 crore total sales
The board of directors of Cummins India Limited (CIL), at their meeting held, reviewed, and approved the unaudited financial results for the quarter and period ended December 31, 2023.Read more
