Stay updated with breaking news from Ralf Speth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While electric two-wheeler sales peaked in May this year, crossing the 100,000 mark, the volume had plummeted to under 46,000 units in June. However, strong general interest towards turning electric, coupled with the still available (albeit reduced) subsidy, has helped July volumes to recover to 54,292 units. This is expected to help sales volume to reach 750,000-800,000 units in calendar year 2023.
For FY24, GDP is expected to be around 5.5% by various sources. Despite the difference in the specific forecasts, the general agreement is that India’s GDP growth will remain highest among major economies, said TVS Motor Company's Chairman. He added that the automaker maintains a cautiously optimistic view for the India business during the fiscal 2023-24.
India Business News: MUMBAI: Jaguar Land Rover (JLR), an arm of Tata Motors, on Thursday promoted interim CEO Adrian Mardell as chief executive officer for three years.
Norton Motorcycles welcomes appointment of Sir Ralf Speth to TVS Motor Company Board of Directors. The Norton Motorcycle Co Ltd is delighted to welcome Sir ...
It's old and profitable, both of which are rare in the world of SPAC mergers.