"I do not see a risk in lending for electric vehicles now because I feel technology is getting established and becoming more reliable because of the presence of large and established manufacturers. Once large entities come and build technology, reliability and infrastructure, then automatically that industry goes for a big change. This is happening in the two-wheeler segment. Similarly, that is happening in three-wheeler. Now we can see that it will happen in four-wheeler also," Revankar told Mint in an interview.
Denne historien er fra December 30, 2024-utgaven av Mint Ahmedabad.
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Denne historien er fra December 30, 2024-utgaven av Mint Ahmedabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Data rules draft: focus on minors, national security
A draft of rules for India's data protection law has proposed that parents mandatorily identify themselves before their children can join certain online platforms.
Cold wave in North India to boost wheat, mustard crops
The drop in temperature does not bode well for crops like chickpea and potatoes in the plains
States' Q4 borrowing to rise 18% after Q2 growth slump
Capex boost likely as West Bengal, Maharashtra, Karnataka lead ₹4.73 tn borrowing plan
Existing EV subsidies to stay, no new incentives
Commerce minister Piyush Goyal said on Friday existing subsidies for the electric vehicle (EV) ecosystem will continue for some time, citing broad consensus among the government, auto OEMs, and battery swapping companies that no new incentives or subsidies are required at this stage.
Govt cuts gas allocation for LPG, diverts to city retailers
The government has slashed allocation of natural gas used for liquefied petroleum gas (LPG) production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet part of their requirement for compressed natural gas (CNG)/piped cooking gas supplies, said an official order.
Rupee closes at new record low vs dollar
Reports of the central bank selling US dollars supported the rupee at lower levels, traders said
India's market cap share globally dips from record highs
Cooling off
PNG, CNG consumers to get uniform insurance cover
Although CNG users report more accidents, instances of pipeline leaks at PNG households were reported
Pharma teachers faking profiles to be blacklisted
Pharmacy Council of India identified 45,355 cases of duplicate profiles on Digi-Pharmed portal using same Aadhar and PAN
PM E-Drive e-bus subsidy to be rolled out from March
Govt to initiate bidding process after working out demand via state, city transport utilities