Arnab Kumar News Today

Car Buyers: Replacement demand for vehicles in the NCR has shot up by 30%, outpacing a 22% increase reported countrywide, they said. This has come along with a marked shift away from diesel to more environment-friendly options like CNG, electric and strong hybrid vehicles. The share of diesel in new car sales in the NCR declined to 5.8% this fiscal year from 7.5% in FY23 and 8.8% in FY22. CNG, once used mostly in buses and taxis, now accounts for 20.7% of new vehicle sales.

Auto Industry People Movements: The automotive industry witnessed in 2023 a series of strategic leadership transitions, propelling both global giants and Indian stalwarts to new directions. Heres a snapshot of the major people movements that defined the narrative of the sector throughout the year.

Replacement demand for vehicles in the NCR has shot up by 30%, outpacing a 22% increase reported countrywide, they said. This has come along with a marked shift away from diesel to more environment-friendly options like CNG, electric and strong hybrid vehicles. The share of diesel in new car sales in the NCR declined to 5.8% this fiscal year from 7.5% in FY23 and 8.8% in FY22. CNG, once used mostly in buses and taxis, now accounts for 20.7% of new vehicle sales.

Ride-hailing major Uber reportedly expects India to emerge as its largest market globally in the next decade.

Arnab has 17 years of experience in technology and financial services sectors.

Ride-hailing platform Uber announced the appointment of Arnab Kumar as Director of Business Development for India and South Asia.

Ride-hailing giant Uber has appointed former investment banker Arnab Kumar as the director of business development for India and South Asia. 

Kumar has had previous stints at cryptocurrency exchange Coinbase, investment fund Prosus Ventures, and at Indian think tank Niti Aayog, where he worked on Indias Covid contact tracing app Aarogya Setu.

Uber has announced the appointment of Arnab Kumar as Director of Business Development for India and South Asia....

Arnab has previously served as Program Director at NITI Aayog