India is moving full throttle towards an EV transition, which is being powered by Chinese components. Experts warn India risks becoming an ‘EV colony’ of its neighbour.
While US is seeking to protect its manufacturers by slapping high import tariffs, India is promising lower tariffs but only if foreign investors invest within a set timeframe.
China has announced export controls on graphite days after US instituted curbs on semiconductor chips. Countries like India, in process of transitioning to green energies, to be affected.
Modifications to Faster Adoption of Manufacturing of Electric Vehicles (FAME-II) scheme reduces incentives cap for two-wheelers to 15% of ex-factory price, instead of current 40%.
In India, women remain concentrated in a narrow range of sectors such as beauty and hairdressing, household maintenance, residential care, and parts of the education sector.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
COMMENTS