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auto ancillary stocks to buy: EV ecosystem is equally important if not more: 4 auto ancillary stocks with upside potential of up to 32% - Vimarsana News

auto ancillary stocks to buy: EV ecosystem is equally important if not more: 4 auto ancillary stocks with upside potential of up to 32%

It might surprise some, but years before a new car or motorcycle is launched, automakers go in huddle with their backend supplier to finalize the supply chain management of components which will go in that new car or the bike. Until the component supply chain is not planned and perfected, things are not taken forward. Such is the importance of the backend component supplier which are more commonly known as auto ancillary units. Now there is a major transition taking place in the Automobile sector with EV coming close to that inflection point. So a transition is bound to take place in the auto ...

Interim Budget 2024: On path to a brighter and more prosperous India - Vimarsana News

Interim Budget 2024: On path to a brighter and more prosperous India

The unveiling of a budget that charts a clear course for the nation is a welcome sight in an era of uncertainty. The cornerstone of this budget is its commitment to policy continuation, instilling confidence and stability in corporate sector. The FY25 fiscal deficit has been pegged at 5.1% of GDP, lower than market expectations, with a commitment to reducing below 4.5% of GDP by FY26. The budget focuses on a climate-friendly approach, strengthening the EV ecosystem, domestic tourism, and multi-modal logistics to propel India towards a developed nation by 2047. It also includes measures to boo...

Experts bat for solar-based charging stations to accelerate EV ecosystem, ET Auto - Vimarsana News

Experts bat for solar-based charging stations to accelerate EV ecosystem, ET Auto

Experts emphasize the need for solar-based charging stations to accelerate the EV ecosystem in Nagpur. They suggest that every housing society should have these stations to reduce dependence on the grid and achieve sustainable development.

Budget 2024: How auto sector reacted to govt's new EV push - Vimarsana News

Budget 2024: How auto sector reacted to govt's new EV push

Finance Minister Nirmala Sitharaman announced the government’s plan to expand and strengthen the EV ecosystem by supporting manufacturing and charging infrastructure

Auto Inc's Response to Budget 2024: Embracing the Electric Revolution | - Vimarsana News

Auto Inc's Response to Budget 2024: Embracing the Electric Revolution |

News News: Discover how the automobile industry, including EV players, reacted to the Budget 2024 announcement by Finance Minister Nirmala Sitharaman, which focuses on boosting the electric vehicle scene in India and expanding charging stations and manufacturing facilities for electric vehicles.