#automobiles

“Insider trading?” Netizens wonder as Bajaj Auto registers record sales in October despite Rajiv Bajaj’s fear-mongering about economic slump

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As India prepares for the festive season and the economy gradually unshackles itself from the coronavirus-induced lockdown, several sectors of the economy have registered impressive revival. One of them being the automobile sector. After Hyundai, Maruti Suzuki and Hero Motocorp, now the Bajaj Auto has recorded highest ever monthly sales in the last month. Bajaj … Read more

Union Government approves electric vehicle policy aimed at making India a hub of EV manufacturing, minimum ₹4,150 crore investment required

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In a move towards bolstering India’s position as a manufacturing powerhouse for electric vehicles (EVs), the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology. According to a press release, the policy, approved by the Ministry of Commerce and … Read more