/PRNewswire/ The "Radome Market by Offering (Radome Body, Accessories), Application (RADAR, SONAR, Communication Antenna), Platform, Frequency, and Region.
The combination of inflation-heightened consumer expectations for vehicle features, increased material costs, and stringent regulatory standards has led to the decline of cars priced under Rs 5 lakh.
Further, a fine of Rs 1 crore has been imposed on Punjab and Sind Bank for non-compliance with certain directions on Loans and Advances - Statutory and Other Restrictions . The central bank has also imposed a penalty of Rs 29.55 lakh on ESAF Small Finance Bank for non-compliance with the directions issued by it on Customer Service in Banks .
Made-in-India Cars: "With increasingly stringent regulations focusing on safety, emissions, and technological advancements, car manufacturers are investing in research, development, and innovation," said Piyush Arora, managing director and CEO of Škoda Auto Volkswagen India. VW exported 40,920 passenger vehicles in 2023, registering a growth of 29%, while Skoda s exports soared 431% to 1,530 units.
"With increasingly stringent regulations focusing on safety, emissions, and technological advancements, car manufacturers are investing in research, development, and innovation," said Piyush Arora, managing director and CEO of Škoda Auto Volkswagen India. VW exported 40,920 passenger vehicles in 2023, registering a growth of 29%, while Skoda s exports soared 431% to 1,530 units.