Will cut in FAME-II subsidies for electric two-wheelers derail India's EV growth momentum?
Industry says reduction could dent adoption in the short term; some manufacturers raise prices
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Industry says reduction could dent adoption in the short term; some manufacturers raise prices
According to ICRA, total investments made by the CV industry were estimated at nearly Rs 3,200 to Rs 3,500 crore during last fiscal, and a similar amount is expected for FY24 as well
A healthy order book driven by pent-up demand and higher incomes, especially of sport utility vehicles (SUVs), and better availability of semiconductors, will support domestic growth, though exports remain sluggish, the CRISIL report said.
Outlines New Strategic Business Plan and Expands Product Portfolio
The retail space has to contend with disruptive newer models like direct-to-consumer brands usurping the traditional space. Apparently, businesses today need to find innovative ways to transform dilemmas into decision-making if they are to grow sustainably. The story is no different in India