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Scania India appoints Silvio Munhoz as Managing Director

His appointment marks a new chapter, as the company continues to focus on delivering transport solutions and reinforcing its sustainability initiatives in the regionRead more

Gadkari suggests vehicle scrapping to boost auto sales by 18-20%

Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more.Read more

Igus bearings ensures maintenance-free bottling systems

After an extensive series of tests and optimisations, the igubal H3 bearing proved to be the optimal choice and since the changeover in September 2022, these bearings have shown very little wear.Read more

MSMEs encouraged to utilise NSIC raw material schemes

The NSIC is also exploring collaborations with the Commodity Exchange to enhance benefits for MSMEs and is sourcing tools from MSMEs for the PM Vishwakarma scheme kits distributed to artisans.Read more

Centre plans vehicle scrappage policy based on pollution levels; Anurag Jain

Jain pointed out that a policy mandating scrappage after a certain number of years often raises questions from vehicle owners who maintain their vehicles well.Read more

GST Council introduces Reverse Charge Mechanism on metal scraps

Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more

Government to launch FAME III scheme within two months

Domestic sales for three-wheelers reached 59,073 units in July 2024, marking a 5.1% year-on-year increase, while two-wheeler sales surged to 1.44 million units, reflecting a 12.5% growth. Read more

India’s window to curb its carbon emissions looks increasingly hard to achieve

Over $12 trillion in investment and spending is required for BNEF’s Net Zero Scenario, 34% more than the baseline Economic Transition Scenario. Read more

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

TIVOLT- e-CV division of Montra Electric set to launch e-CV

With a core vision of revolutionising urban mobility, TIVOLT aims to deliver innovative and sustainable transportation solutions that prioritise customer profitability while addressing the growing demand for cleaner, more efficient vehicles.Read more

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