Renault’s decision to not bring the second-generation Duster to India in 2019 was a head-scratching one. At the time, Indian executives had claimed this was due to cost issues.
Indian auto manufacturers have expressed concern over slashing import tariffs on EVs and have requested for a gradual reduction to 30 per cent rather than dramatic cuts.
Car manufacturers are now realigning production, with a possible decline in the coming months across the board as they and dealers clear excess inventory.
It costs just Rs 3/km to run my EV. But then again, owners of petrol and diesel vehicles wouldn’t find themselves stranded for lack of juice on a desolate highway.
Maruti-Suzuki's Jimny, manufactured in Gurugram factory, has become such a hit in Japan that there’s a waiting list. In India, the carmaker had to slash prices to clear stock.
Despite Tesla’s tremendous brand image and Musk being one of the most influential figures on the planet, he may struggle to compete in India’s EV market.
Central bank communication now holds as much significance as central bank action. A single clause in a press conference can move markets more than a 25-basis-point adjustment.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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