Local rare-earth production to take time, govt support needed for EV sector: Kinetic Green CEO

New Delhi (India), July 20 (ANI): Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, has called for government intervention in the rare-earth materials issue, stating that while the Indian electric vehicle (EV) sector has managed to cope in the short term, it will face significant challenges ahead, as “it’s not easy to change your … Read more

Replacement demand to drive tyre sector revenues by 7-8% this fiscal: Crisil

New Delhi (India), July 20 (ANI): India’s tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The … Read more