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Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years

Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years

Shahkar Abidi     calendar25 Jan 2024

The capex will be used to fuel expansion across various verticals including setting up facilities for small commercial vehicles, bolstering R&D, prototyping capabilities, etc.

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Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years News
Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years

By Shahkar Abidi calendar25 Jan 2024

The capex will be used to fuel expansion across various verticals including setting up facilities for small commercial...

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Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years News
Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years

By Shahkar Abidi calendar25 Jan 2024

The capex will be used to fuel expansion across various verticals including setting up facilities for small commercial...

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Hero MotoCorp plans over a dozen EVs, to roll out Vida motorcycle range News
Hero MotoCorp plans over a dozen EVs, to roll out Vida motorcycle range

By Kiran Murali and Ketan Thakkar calendar25 Jan 2024

The automaker’s Vida range is likely to have 10 models, including scooters and motorcycles in the long term, while fou...

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Diesel to reign supreme for now, says Ashok Leyland CTO News
Diesel to reign supreme for now, says Ashok Leyland CTO

By Shahkar Abidi, Ketan Thakkar and Amit Vijay M calendar25 Jan 2024

Despite the increasing presence of electric, hydrogen and CNG options for commercial vehicles, Indian roads are still ...

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Diesel to reign supreme for now, says Ashok Leyland CTO News
Diesel to reign supreme for now, says Ashok Leyland CTO

By Shahkar Abidi, Ketan Thakkar and Amit Vijay M calendar25 Jan 2024

Despite the increasing presence of electric, hydrogen and CNG options for commercial vehicles, Indian roads are still ...

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Balkrishna Industries report Rs 309 crore net profit in Q3FY24, stocks fall by 6.7% News
Balkrishna Industries report Rs 309 crore net profit in Q3FY24, stocks fall by 6.7%

autherAutocar Professional Bureau calendar25 Jan 2024

The company's revenues, on the other hand, were reported at Rs 2,316 crore in Q3 FY24 as against Rs 2215 crore in the ...

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Amara Raja’s first giga factory will be operational by the end of 2025: Vijayanand Samudrala News
Amara Raja’s first giga factory will be operational by the end of 2025: Vijayanand Samudrala

autherAutocar Professional Bureau calendar25 Jan 2024

The President of Amara Raja Energy & Mobility also highlighted that the factory will cater to a range of mobility as w...

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Bajaj Auto Vice Chairman, Madhur Bajaj, resigns due to health reasons; board proposes new appointments: Report News
Bajaj Auto Vice Chairman, Madhur Bajaj, resigns due to health reasons; board proposes new appointments: Report

autherAutocar Professional Bureau calendar25 Jan 2024

The board has approved the re-appointment of Pradip Shah and recommended Vinita Bali as new directors, pending shareho...

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New Chetak, bigger Pulsar, CNG 2W on cards for Bajaj Auto in the coming months  News
New Chetak, bigger Pulsar, CNG 2W on cards for Bajaj Auto in the coming months 

By Kiran Murali calendar25 Jan 2024

Bajaj Auto has been focusing on the 125cc plus segment in the motorcycle market to improve its market share and improv...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.90%

No

 

36.10%

Total Votes : 662