Auto industry: Lower interest rates and taxes to encourage 2-wheeler and small car demand

Auto industry: Lower interest rates and taxes to encourage 2-wheeler and small car demand

By: PTI | Updated on: 08 Feb 2025, 09:11 AM RBI’s recent repo rate cut to 6.25 per cent is projected to enhance consumer demand in the auto sector, particularly in price-sensitive segments. The automotive industry reacted on the decision of lowered loan rates by the RBI. (REUTERS) The cut in the key benchmark rate … Read more

Colliers reports ₹3.4 lakh crore Investment in EV industry, highlighting need for faster adoption

Colliers reports ₹3.4 lakh crore Investment in EV industry, highlighting need for faster adoption

Colliers reports ₹3.4 lakh crore Investment in EV industry, highlighting need for faster adoption Real estate consultant Colliers India on Wednesday released a report ‘EVs in India: Renewed Vigour in Electric Mobility’, highlighting that an overall EV penetration rate in India stood at 8 per cent. It estimated sales of around 2 million (20 lakh) … Read more

SIAM Report: November sees a 4.1% growth in passenger vehicle sales

SIAM Report: November sees a 4.1% growth in passenger vehicle sales

SIAM Report: November sees a 4.1% growth in passenger vehicle sales By: ANI | Updated on: 14 Dec 2024, 09:17 AM The total passenger vehicle dispatches from companies to dealer witnessed a 4.1 per cent increase year on year in November to 3,47,522 units, accordin … The total passenger vehicle dispatches from companies to dealer … Read more

India aiming to lead the global auto industry in the next 5 years says Nitin Gadkari

India aiming to lead the global auto industry in the next 5 years says Nitin Gadkari

India aiming to lead the global auto industry in the next 5 years says Nitin Gadkari By: PTI | Updated on: 11 Dec 2024, 08:25 AM At the Amazon Smbhav Summit, Nitin Gadkari, Minister of Road Transport and Highways mentioned that he aims to make India the top automotive market glo … At the Amazon … Read more

Highway construction is crucial to boost the economy believes minister Gadkari

Highway construction is crucial to boost the economy believes minister Gadkari

Highway construction is crucial to boost the economy believes minister Gadkari By: Ryan Paul Massey | Updated on: 14 Nov 2024, 22:25 PM During the Hindustan Times Leadership Summit 2024, Nitin Gadkari highlighted the benefits of highway construction for infrastructure development, tour … During the Hindustan Times Leadership Summit 2024, Nitin Gadkari highlighted the benefits … Read more