India and Sri Lanka Electric Three Wheeler Market Is Expected To Witness Rapid Growth Of INR 1,910,845 7 Lakh By 2027: Business Market Insights – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
tipFebruary 5, 2021 63
The electric three wheelers market in India was valued INR 708,520.3 Lakh in 2019 and is projected to reach INR 1,910,845.7 Lakh by 2027
The Business Market Insights provides you regional research analysis on “
India and Sri Lanka Electric Three Wheeler Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the India and Sri Lanka Electric Three Wheeler market during the forecast period, i.e., 2020–2027.
Electrification of auto-rickshaws plays an important role in meeting the transport requirement of many large and medium Indian cities and is critical for reducing air pollution and providing clean mobility solutions. The auto-rickshaws, generally three-wheelers, with both four and two-stroke internal combustion engines, a
Govt approves closure of Scooters India
Updated:
Updated:
The firm has around 100 employees.
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The firm has around 100 employees.
The government has approved closure of loss-making state-owned firm Scooters India Limited and shutting down the operations of its units, the company said on Thursday. PTI had reported a week ago that the Cabinet Committee on Economic Affairs (CCEA) is believed to have given its consent to the closure of the Lucknow-based company. In a BSE filing, Scooters India said the Ministry of Heavy Industry and Public Enterprises has communicated that the competent authority has approved the closure. It has also cleared seeking a loan (with interest) of ₹ 65.12 crore required for the closure from the Government of India.
The government has approved closure of loss-making state-owned firm Scooters India Limited and shutting down the operations of its units, the company said on Thursday. PTI had reported a week ago that the Cabinet Committee on Economic Affairs (CCEA) is believed to have given its consent to the closure of the Lucknow-based company. In a BSE filing, Scooters India said the Ministry of Heavy Industry and Public Enterprises has communicated that the competent authority has approved the closure. It has also cleared seeking a loan (with interest) of Rs 65.12 crore required for the closure from the Government of India. Besides, it has approved separating the regular employees rendered surplus due to the closure through voluntary retirement scheme / voluntary separation scheme (VRS/VSS).
Cabinet approves closure of Scooters India: Sources
PTI
New Delhi |
Updated on
January 21, 2021
× The company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to a proposal to close the loss-making state-owned firm, sources said.
The Cabinet Committee on Economic Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters India Ltd at its meeting on Wednesday, they said.
The Scooters India brand name shall be sold separately as the company holds famous brands such as Lambretta, Vijai Super, Vikram and Lambro, shared an official. The company produces several types of three-wheelers under the Vikram brand.