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India plans massive renewable energy expansion but fossil fuel-based energy to stay powerful

autherAutocar Professional Bureau     calendar05 Jul 2019

Share of renewables in total electricity generation in India rose from 6% in FY2015 to 10% in FY2019. New $80 billion investment in renewable plants up to 2022 and $ 250 billion in 2023-2030 planned but fossil fuel energy cannot be wished a...

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Economic Survey pegs India’s economic growth at 7% for FY2020

autherAutocar Professional Bureau calendar05 Jul 2019

The Government has projected the real GDP growth for the year 2019-20 at 7 per cent, on the back of anticipated pickup...

Scania India launches BS VI-ready next-generation truck

autherAutocar Professional Bureau calendar04 Jul 2019

CV maker introduces a new range of tailor-made trucks for mining, construction and long haulage business.

ZF opens new axle assembly line for off-highway products

autherAutocar Professional Bureau calendar04 Jul 2019

The company has been developing and manufacturing driveline systems and axles for construction machinery.

Tough FAME II norms see only 7 OEMs qualify for incentives

By Nilesh Wadhwa calendar04 Jul 2019

Compared to 29 registered eligible companies in FAME I, only seven OEMs are able to qualify for the stringent FAME II ...

"Policy measures needed to lower TCO of EVs," says India’s Finance Minister

autherAutocar Professional Bureau calendar04 Jul 2019

Tabling the Economic Survey 2018-19 in Parliament today, the Union Minister for Finance, Nirmala Sitharaman EV afforda...

Kolkata-based KSL Cleantech to invest Rs 200 crore for EVs

autherAutocar Professional Bureau calendar04 Jul 2019

The group is developing various prototypes and is also in discussion with a global technology partner.

Captains of industry urge GST cut and a scrappage policy to revive auto sales

autherAutocar Professional Bureau calendar03 Jul 2019

A reduction from the existing 28 percent GST to 18 percent and fast-tracking of the long-delayed scrappage policy will...

M&HCV segment weighs heavy on CV sector's performance in June

By Kiran Bajad calendar03 Jul 2019

Delayed purchase decision, lesser vehicle offtake due to increased axle load norm and continuing liquidity issues mean...

Toyota Kirloskar Motor India opens new 3S facility in Dhanbad

autherAutocar Professional Bureau calendar03 Jul 2019

Toyota Kirloskar Motor opens its 364th customer touch point with the new showroom in Dhanbad.