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Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

Amit Vijay M     calendar06 Feb 2023

The sector’s seasonally adjusted annual rate (SAAR) , which is around 350 thousand, is expected to increase by 45 percent based on the current estimates and business outlook.

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Allocation of Rs 300 crores provision for hydrogen infrastructure in Budget 2023 not enough say industry experts News
Allocation of Rs 300 crores provision for hydrogen infrastructure in Budget 2023 not enough say industry experts

autherAutocar Pro News Desk calendar05 Feb 2023

The squeeze in fund availability will directly delay infrastructure creation for transportation and storage of green h...

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SMEs, EV startups, and battery makers to get boost from Budget 2023 allocation of Rs 88,198 crore News
SMEs, EV startups, and battery makers to get boost from Budget 2023 allocation of Rs 88,198 crore

By Amit Vijay M calendar03 Feb 2023

To promote a start-up culture, the government has extended the period of incorporation by one year to April 1, 2024.

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78 percent jump in FAME 2 subsidies outlay in Budget 2023 evokes mixed reactions from industry News
78 percent jump in FAME 2 subsidies outlay in Budget 2023 evokes mixed reactions from industry

By Amit Vijay M calendar03 Feb 2023

Increased allocation is welcome but close to 1,200 crore worth of subsidies lie unpaid by the government, claims SMEV....

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Growth-oriented Budget to be demand accelerator for India Auto Inc News National
Growth-oriented Budget to be demand accelerator for India Auto Inc

By Mayank Dhingra calendar02 Feb 2023

Demand-side measures with lowered direct taxes, infrastructure push and support to start-ups and MSMEs augur well to s...

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Capex on infrastructure increased by 33 percent to Rs 10 lakh crore for FY23-24 in Budget 2023 News
Capex on infrastructure increased by 33 percent to Rs 10 lakh crore for FY23-24 in Budget 2023

By Shahkar Abidi calendar01 Feb 2023

An investment of Rs 75,000 crore, including Rs 15,000 crore from private sources is on the cards for select infra proj...

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E-mobility sector largely cheerful with government's focus on green growth in Budget 2023-24 News
E-mobility sector largely cheerful with government's focus on green growth in Budget 2023-24

By Amit Vijay M calendar01 Feb 2023

Indirect taxes, taxes on compressed biogas down, Rs 19,700 crore allocated for Green Hydrogen Mission, five million to...

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India Auto Inc seeks GST rationalisation to accelerate demand News
India Auto Inc seeks GST rationalisation to accelerate demand

By Amit Vijay M calendar31 Jan 2023

The upcoming Union Budget 2023-24 will be critical for growth sustenance of the Indian auto industry and its drive tow...

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Transporters body demand revocation of tyre import ban in upcoming budget News
Transporters body demand revocation of tyre import ban in upcoming budget

autherAutocar Pro News Desk calendar30 Jan 2023

All India Motor Transport Congress (AIMTC) has demanded the removal of the restrictions on its imports in the upcoming...

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'Need to subsidise electrical connections and fixed-load fees for EV CPOs': Amit Gupta News
'Need to subsidise electrical connections and fixed-load fees for EV CPOs': Amit Gupta

autherAutocar Pro News Desk calendar30 Jan 2023

The head of energy infrastructure solutions provider Delta Electronics believes that charge-point operators must be fa...

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POLL OF THE MONTH

Will Tesla's imminent arrival in India change the game for EV makers?

Will Tesla's imminent arrival in India change the game for EV makers?

Yes

 

59.26%

No

 

40.74%

Total Votes : 27