Category: Impact on India
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Strengthening the Transition: India’s Electric Two-wheeler Market Aging
Like most Asian countries, India has a love of two-wheelers – motorcycles, mopeds, and scooters are an important feature of Indian roads and the humble bicycle in front of them. The idea of ??owning a two-wheeler has always been the initial aspiration of many Indians living in small towns and villages and a symbol of…
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COVID-19, trade war: Manufacturing shift to hit China, but will India gain?
The sudden rise in global coronavirus cases (COVID-19) over the past few weeks have not only shadowed global financial markets but has hampered the economic activity of major countries, particularly the virus in the midst of trade with China before the spread of coronavirus. In this case, most analysts have revised down their global growth…
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1/10 Auto Dealers may face closure
Even after the lockdown, auto sales are uncertain and many small and medium-sized vehicle dealers are looking to close the store or merge their businesses with larger dealers. There are currently 15,000 auto dealerships across India (including 2,3 and 4 wheelers). Famous people said they plan to close at least 8-10 percent of these dealerships…
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Mahindra plant in Michigan creates new ‘arsenal of health’ to combat COVID-19
Indian automaker Mahindra has partnered with Michigan General Motors Company and Ford Motor Company in its “Arsenal of Health” efforts to create a Medical Personnel Protection Equipment (PPE) for health workers struggling with Kovid-19. More than 20 Mahindra employees make medical shields from windshields at the Michigan plant. Doctors, nurses, local front-line health care workers…
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Logistics costs increases as truckers and transporters increase rates by up to 80%
Truckers and Transporters Regulatory Challenges As a result of a major recession, shortages of manpower and supply are on the rise in America. Industry officials said this would increase logistics costs and prices of products for companies. Truckers have increased tariffs by up to 80%, people said. Blue Dart implemented a 25% Emergency Condition Surcharge…