Daily Latest News
New Delhi: The demand from two-wheeler original equipment manufacturers (OEMs) in India is expected to show double-digit growth this fiscal (FY25), a report showed on Tuesday. The operating profitability of auto component makers should sustain at 12-13 per cent this fiscal and the next due to better realisations and cost reduction initiatives, said a Crisil…
New Delhi8 minutes ago copy link The central government has extended the Electric Mobility Promotion Scheme (EMPS) till 30 September. Along with this, the government has increased the subsidy from Rs 500 crore to Rs 778 crore. The Heavy Industry Ministry launched this scheme on March 13 to promote the sale of electric vehicles in…
New Delhi: The Two-wheeler industry is expected to sustain a steady volume growth rate of around 7 to 9 per cent in FY25, considering both domestic and export markets, a new report said on Monday. The growth in FY25 is expected to be driven by higher electric vehicle (EV) sales supported by the government’s Electric…