MG Motor India plans to launch four vehicles in the country over the next two years. The final decision regarding the second unit will be taken by the end of the year.
Innovation in transportation sector in India should be affordable: Infosys co-founder Nandan Nilekani
“Silos won’t work. We need a way to create inter-operable seamless rider services across multiple modes,” Infosys co-founder Nandan Nilekani said.
Uniform incentive of ₹10,000/kWh will be extended to all electric vehicles, including hybrids.
Eicher Motors had reported a profit of Rs 520.50 crore in the corresponding quarter a year ago.
Revenue from operations, however, rose to Rs 16,233.65 crore on a YoY basis.
Honda Motorcycle CB300R is already booked for three months.
Overall, sales of vehicles across categories declined 4.68% to 2019331 units.
India is the first market where the luxury car-maker is introducing the Huracan Evo.
Kia Motors, set to enter the Indian market later this year, has commenced discussions with the Andhra Pradesh government to establish a testing facility near its manufacturing unit
Sales during the period under consideration went up 16% to Rs 4,655 crore.
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