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Budget 2021: Manufacturing, infra and adoption - what Electric Vehicle industry expects from Modi govt
Prime Minister Narendra Modi wants Indians to adopt electric vehicles and cut dependency on petrol and diesel vehicles. The government has set a target that 30% of all vehicles sold in India by 2030 will be electric. But to meet this target, the government needs a comprehensive plan with a focus on manufacturing, research and development, and adoption.
Industry experts feel that the time has come for the government to push for the adoption of EVs as, according to an estimate, India will become the fourth largest market for EVs by 2040.
More private trains, higher spending, green energy focus â what Rail Budget could look like
Ministry of Railways has sought a rise in its capital expenditure from the existing Rs 1.6 lakh crore to 1.8 lakh crore. But the actual increase could only be up to Rs 8,000 crore.
Sanya Dhingra 30 January, 2021 9:09 am IST Text Size:
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New Delhi: More private trains, new train sets for faster routes, expansion of Kisan Rail, better connectivity with the Northeast, and a focus on green energy â these are some of the areas on which the upcoming budget for the Railways could be focused.
According to sources in the Ministry of Railways, it has suggested that its capital expenditure be enhanced from the existing Rs 1.6 lakh crore to 1.8 lakh crore in the budget to be presented on 1 February.
Tata, Taiwan’s Pegatron to invest in Tamil Nadu to make mobile phones and parts
News Highlights: Tata, Taiwan’s Pegatron to invest in Tamil Nadu to make mobile phones and parts. Workers test cell phones on an assembly line at a cell phone factory in Tamil Nadu (representative image) | Bloomberg Text size: A- A +
Bloomberg: Taiwan-based Pegatron Corporation and Tata Electronics will separately invest in the South Indian state of Tamil Nadu to make mobile phones and parts.
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Tata Electronics will invest 57.63 billion rupees ($ 790 million) in making mobile phone components and Pegatron will invest 11 billion rupees in making mobile phones as part of the Phase I investment, Tamil Nadu government said Friday in a statement.
Trade With China: India Still Engaged, But Looking at Domestic Manufacturing
The government is also looking at ways to reduce dependence on Chinese products in critical areas like pharmaceuticals and electronics, a senior commerce ministry official said.
Representative image. Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. Photo: Reuters/Stringer/File photo
Trade30/Jan/2021
New Delhi: While India-China relations stay frozen due to the border stand-off, New Delhi continues to remain engaged with Beijing on issues related to market access, even as the government is also looking at ways to reduce dependence on Chinese products in critical areas like pharmaceuticals and electronics, a senior commerce ministry official claimed on Friday.