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Automakers hail PLI scheme; say it'll enthuse players to invest more in India growth story businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
SUV boom to continue on strong order books - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Learnings from lockdown helping automakers stay on track April 07, 2021 × Limited nature of lockdowns, improved ability to manage supply chains and vaccination drive offer respite in second wave, say analysts Automakers are implementing measures like increasing buffers in inventories, cutting costs of non-core exercises, digitisation and better management of production which they have learnt over the past year of running business amid the pandemic to mitigate the impact of the second wave of the pandemic. The limited nature of the lockdowns and better ability to manage supply chains compared to last year, as well as the vaccination drives, are offering respite, company officials and analysts told ....
February 25, 2021 Vellayan Subbiah, Managing Director, TII - BIJOY GHOSH× Working on prototypes with a Korean company Murugappa Group company Tube Investments of India Ltd (TII) has indicated that its proposed foray into electric three-wheelers is based on a well-planned strategy and the company is confident of making its mark in the segment. Recently, the company announced its ₹200-crore plan to manufacture and sell electric three-wheelers in the country. Second attempt This is the second entry by TII into the electric vehicle segment. In 2008, the company took a plunge into electric two-wheeler segment with the launch of electric scooters under the brand name BSA. While initial months were good, sales stagnated in the following years due to slow market acceptance and withdrawal of government subsidy then. The company discontinued this business later. ....