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Indian Construction Equipment Industry sales for Q2 FY24 record 31% YoY growth

Total equipment sales in Q2 24 increased to 30,078 units, against 22,941 units sold in Q2 of FY 2022-23. Of these, domestic sales accounted for 27,423 units while 2,655 units were exported.Read more

GeM Portal Empowers Micro and Small Enterprises: Sales Set to Exceed $20 bn

GeM, the public procurement portal launched on August 9, 2016, facilitates online purchases of goods and services for all central government ministries and departments.Read more

Air Purifier sales soar in North India amidst rising pollution threat

During the winter season, pollution levels in northern India tend to rise due to factors like stubble burning in Haryana and Punjab, vehicular congestion, and smoke from firecrackers.Read more

Asahi Kasei expands 3D printing filament sales in North America

The soft launch commences with filaments from the modified polyphenylene ether (mPPE) resin product line, XYRON, and will later extend to the Thermylene polypropylene (PP) group.Read more

Indian Auto retail surges: Record sales propel optimism despite inventory concerns

Indian automobile retail sales in September showed a 20% increase compared to the same period last year, reaching a total of 1.89 million units.Read more

Volvo Group sales surged by 54% in the previous fiscal year

Volvo Group’s Sofia Frandberg, expressed strong confidence in India's potential for significant growth over the next decade.Read more

Volvo to phase out diesel models by early 2024 in pursuit of electrification by 2030

Although a significant proportion of Volvo's European sales comprised diesel vehicles as recently as 2019, this figure dropped to a mere 8.9% of the company's sales in 2022.Read more

India surpasses 1 mn EV sales in just 9 months, driven by growth factors

According to data from the Vahan Dashboard of the Ministry of Road Transport and Highways, a total of 1,037,011 EVs were registered with regional transport offices by September 19, constituting 6.4% of the nation's total automobile sales for the year.Read more

Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles

Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more

August sets new record for domestic passenger vehicle sales in India

Utility vehicles like Brezza, Grand Vitara, Jimny, Ertiga, and XL6 experienced a substantial two-fold increase with sales surging from 26,932 units in August of the previous year to 58,746 units.Read more

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