The commercial vehicles segment also saw an uptick in sales, with industry leaders Ashok Leyland and Eicher Motors posting 5% and 6.5% rise respectively.
Industry body Society of Indian Automobile Manufacturers says 'it sees no reason why' entry-level car segment — which has shrunk due to rising prices — will not see 'sudden' revival in demand.
As per ratings agency, higher incomes and strong order book driven by pent-up demand, especially for SUVs, will support domestic growth even as exports remain sluggish.
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
COMMENTS