Siemens and Digital Charging Solutions make it easier for companies to switch to zero-emission fleets eejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eejournal.com Daily Mail and Mail on Sunday newspapers.
Interview with Danial Malik, CEO, Master Changan Motors.
AURORA: In Pakistan, the automotive industry has been through a rough patch in the last two years. Going forward, what is the current situation?
DANIAL MALIK: The auto industry experienced its worst years in history in 2018 and 2019. Since then it has recovered, and faster than expected, thanks to lower interest rates and the stimulus the government is trying to bring to the economy. Historically, the auto-market has been subject to cycles of ups and downs and when it goes up, it really goes up and when it goes down, it goes down fast – sometimes by 40 to 50%. An automobile is the most expensive consumer durable people buy in their lifetime. Because it is a high involvement purchase, it is also easy to put off; every time there is a hike in interest rates or the economy hits a rocky patch, people hold off making the purchase. Since the introduction of the Automotive Development Policy 2016-2021, a lot of new entrants have c
Maharashtra: Pune Emerges First In Employment Creation And Investments In MSMEs
Pune City (image-Pune City/Facebook)
According to the economic survey of Maharashtra, Pune emerged as the most preferred destination for Micro Small and Medium Enterprises (MSME) of the state in terms of both investments and employment generation.
Of the 17.67 lakh Udyog Aadhar generated for the MSME units, 4.04 lakh are in Pune and of the 91.01 lakh jobs generated, 23.59 jobs were created in Pune.
Of the Rs 2,38,543 crores total investments brought in by the MSME units, Pune has cornered Rs 69,866 crores.
Pune has again topped in the state in terms of investments in Special Economic Zone (SEZ)s, reports
laksi | Bangkok Post lifestyle, restaurants-and-food, mediterranean bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Fourth quarter 2020 revenue was $326 million, 3% lower than the $334 million reported in the fourth quarter of 2019. Adjusted EBITDA1 in the fourth quarter of