Category: Industry News

New FASTag Rules Announced: What You Need to Know
Industry News

New FASTag Rules Announced: What You Need to Know

The new FASTag rules from NPCI effective today Instagram Facebook Twitter Youtube Whatsapp The National Payments Corporation of India (NPCI) has introduced new  FASTag rules,electronic tolling system, effective from August 1. These new rules will affect vehicle owners, especially those with FASTags issued over three years ago. Key Highlights: FASTags

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Mitsubishi Motors, Honda-Nissan Alliance
Industry News

Mitsubishi Motors Joins Honda-Nissan Alliance to Tackle EV Market Challenges

Mitsubishi Motors joins Honda-Nissan alliance, boosting competitiveness in the global EV market. Instagram Facebook Twitter Youtube Whatsapp In a significant move, Mitsubishi Motors is set to join the Honda-Nissan alliance, creating a formidable group in Japan’s auto industry. This new alliance will include Honda, Nissan, and Mitsubishi, collectively selling over

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India Extends EMPS 2024 until September 30: Boost for EV Adoption
Industry News

India Extends EMPS 2024 until September 30: Boost for EV Adoption

Government extends EV Subsidy under EMPS 2024 till September 30. Instagram Facebook Twitter Youtube Whatsapp In a significant move to accelerate India’s transition to electric vehicles (EVs), the Ministry of Heavy Industries has announced a two-month extension of the Electric Mobility Promotion Scheme 2024 (EMPS 2024). Originally set to conclude

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Ashok Leyland Secures Record-Breaking Bus Order from MSRTC
Industry News

Ashok Leyland Secures Record-Breaking Bus Order from MSRTC

Ashok Leyland secures ₹981.45 crore order for 2,104 Viking buses from MSRTC. Ashok Leyland Viking Bus(Image: Ashok Leyland) Instagram Facebook Twitter Youtube Whatsapp Ashok Leyland, the flagship company of the Hinduja Group, has announced a landmark order for 2,104 Viking passenger buses from the Maharashtra State Road Transport Corporation (MSRTC).

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Government to Announce FAME 3 Scheme Soon, But Not in Upcoming Budget
Industry News

Government to Announce FAME 3 Scheme Soon, But Not in Upcoming Budget

FAME 3 scheme to be announced soon, with focus on EV incentives and infrastructure. Learn about the government’s clean mobility plans. Instagram Facebook Twitter Youtube Whatsapp The Union Minister of Heavy Industries, H.D. Kumaraswamy, recently announced that the third phase of the government’s incentive scheme to promote clean mobility, known

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FADA Urge Government for Vehicle Depreciation Benefits and Tax Reductions
Industry News

FADA Urge Government for Vehicle Depreciation Benefits for taxpayers

FADA requested to add vehicle depreciation benefits for taxpayers in the current 2024-25 budget presenting on 23th July by Finance Minister Nirmala Sitaraman.  Instagram Facebook Twitter Youtube Whatsapp In a significant move, the Federation of Automobile Dealers Associations (FADA) has called on the government to introduce vehicle depreciation benefits for

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Indian Auto Industry Sees 19% Growth in FY24, Driven by SUV Surge
Industry News

Indian Auto Industry Sees 19% Growth in FY24, Driven by SUV Surge

Indian auto industry grows 19% in FY24, reaching Rs 10.22 lakh crore, driven by SUV surge and evolving consumer preferences. Instagram Facebook Twitter Youtube Whatsapp The Indian Auto industry experienced a robust 19% growth in FY24, reaching a valuation of Rs 10.22 lakh crore. This impressive surge was significantly driven

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