Startup Show 2024: The Ministry of Commerce, in collaboration with various other ministries and industry bodies organised the Bharat Mobility Global Expo, a 3-day auto show from February 1-3 at the Bharat Mandapam. Next, the government is organising a 4-day Textile Show from Feb 26-29 at Bharat Mandapam and Yashobhoomi complexes. Next month, a 3-day exhibition of startups across domains will take place from March 18-20.
Budget News: The government will expand the electric vehicle ecosystem by supporting charging and manufacturing infrastructure. Usage of electric buses for public
News News: The expo also highlights India’s growing reputation as the leading destination for innovative automotive software solutions, industrial automation and
Bajaj And TVS Motor: Margin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs continue to run from the profits they make by selling petrol scooters and motorcycles. This was despite subsidies which have been available under the government’s FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme, the second edition of which ends in March this year.