Indian Government vows No Combustion Cars – One electric car in 2-years?
As part of the ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST (Goods and Services Tax) on hybrid vehicles and has vowed to rid the country entirely of the over 360 million petrol and diesel vehicles. “One hundred per cent,” Gadkari, the Union Minister for Road Transport and
Indian Consumer shows its Premium Colours?
Between 2023 and 2028, India will witness the highest growth for any country in the number of ultra-high net worth individuals (UHNWIs), with a net worth of US $30 million or more, according to a report released on Wednesday. According to Knight Frank’s flagship study, ‘The Wealth Report 2024’, the number of ultra-rich Indians will
Li-ion Battery Manufacturing and India a Favoured Destination?
Electric vehicle batteries have been called the “heart” of EVs. Much like the vital organ of the human body, it distributes electrical power to the various systems of an electric car. An EV battery has four major components: the positive electrode called the cathode, the negative electrode called the anode, a micro-permeable separator that keeps
Reconfiguration of Supply Chains & India’s Role?
Evolving global supply chains have made the movement away from China to countries like Vietnam, Mexico, and India a topic of growing significance. This shift is influenced by a complex interplay of factors, ranging from economic considerations to geopolitical tensions. It is essential to understand that this shift is not a wholesale displacement of China
India and Argentina the natural Partners?
Prime Minister Narendra Modi’s efforts to outrun China and transform India’s economic model into one driven by manufacturing rather than consumption, are creating a tailwind for infrastructure and heavy-industry companies. With a road, airport, tunnel, metro or power facility under construction almost everywhere in India, the nation-building push is luring investors to the sector. Alternatively,
Latin America’s Growth and India the new Luxury spending Hotspot?
It always feels risky to express optimism about Latin America and the Caribbean (LAC). A “lost decade” of stagnant economies, dysfunctional politics and profound challenges like organized crime and low productivity mean that “LatAm bears” make the loudest, most convincing arguments—and have often been proven right in recent years. But if you look carefully, the