Shailesh Chandra says government support in form of lower GST, as well as other state taxes, should continue till electric vehicles are able to achieve 18-20% penetration.
Tata Motors says arbitral tribunal has ruled in its favour in compensation case against West Bengal Industrial Development Corporation Limited for now-closed manufacturing unit in the state.
A three-member ruled that the West Bengal Industrial Development Corporation had to pay Tata Motors due to losses incurred by the company in a 2008 land row.
Shailesh Chandra's comment comes days after Union minister Nitin Gadkari's 'additional GST on diesel' remark. Chandra says Tata Motors has 'shown biggest commitment to what govt wants — EVs'.
As MG Comet microcars finally start hitting Indian streets and Ligier tests its Myli subcompact car in the country, is there a chance for a next-generation electrified Nano?
'The weighted average increase will be 0.6%, depending on the variant and model,' the car maker said in a press release, adding it will come into effect from 1 May.
Top variants account for over 40% of total sales of any given car in India, suggesting that Indian buyers have begun prioritising 'experience over cost'.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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