SIAM welcomes Narendra Modi’s statement on ICE vehicles

Prime Minister Narendra Modi’s assurance that both the internal combustion engine (ICE)-based automobiles, as well as electric vehicles (EV), can co-exist is indeed a very welcome statement, said Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM). “This is completely in-line with SIAM’s recommendations that all relevant technologies should co-exist in our journey towards sustainable mobility, and hence […]

SIAM welcomes GST reduction on EVs

The Society of Indian Automobile Manufacturers (SIAM) has welcomed India government’s decision to reduce the GST rate on electric vehicles from the present 12 percent to five percent. The GST council has also announced that tax on EV chargers will be reduced from 18 percent to five percent, effective August 1. The local authorities have also been given […]

Mahindra E-verito deployed at Tech Mahindra Hyderabad, India campus

Tech Mahindra has partnered with Mahindra Logistics (MLL) for introducing and operating Electric Vehicles (EV) for employee transportation. Mahindra Logistics will be deploying Mahindra E- Verito vehicles at Tech Mahindra’s Hyderabad campus under its employee transportation fleet from July 24, 2019. CP Gurnani, MD and CEO, Tech Mahindra, said, “We are happy to partner with Mahindra Logistics to accomplish […]

‘Budget will increase demand for transport’

Infrastructure development has always been prerequisite for growth, which has been taken well into consideration in Indian budget 2019, said Rohit Saboo, CEO & MD, National Engineering Industries. The government’s strong focus on boosting infrastructure and connectivity with an investment of Rs 80,250 crore for phase three of the Pradhan Mantri Gram Sadak Yojana, will bring […]

SIAM wants pragmatic EV targets in India

Electric Mobility ambition of India needs to be tempered with a practical approach and what is possible without needlessly disrupting the automotive industry, said Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM). “Today, the automotive industry is facing multiple challenges of leapfrogging to BS-VI emission norms, complying with many new safety norms etc., in […]

ITEC India to be held in Bengaluru later this year

The third edition of International Transportation and Electrification Conference (ITEC) India will be held from December 17-19, 2019 in Bengaluru. The 2019 edition with the theme ‘E-Mobility Solutions for Community’ is aimed at facilitating the industry transition to advanced electrified vehicles. The event plays an important role in the electrification of the Indian automotive segment and […]