HUGE CAPEX NEEDED TO MEET EV CHARGING DEMAND
The Sunday Guardian|December 22, 2024
India would require capital expenditure to the tune of Rs 16,000 crore by 2030, to meet its public EV charging demand and to achieve the mission of over 30 per cent electrification, as per a report by industry body FICCI.
HUGE CAPEX NEEDED TO MEET EV CHARGING DEMAND

According to the 'FICCI EV Public Charging Infrastructure Roadmap 2030' put out on Monday, to achieve profitability and scalability, India needs to aim for higher utilization of charging stations.

The report further suggests that the top 40 cities could be prioritized for scaling up public charging infrastructure. The report argued that those top cities are expected to have higher EV penetration in the next 3-5 years given the current EV adoption rate, and favourable state policies.

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FM chairs 55th GST Council meeting in Jaisalmer
The Sunday Guardian

FM chairs 55th GST Council meeting in Jaisalmer

Union Finance Minister Nirmala Sitharaman is chairing the 55th meeting of the Goods and Services Tax (GST) Council which is underway in Jaisalmer of Rajasthan on Saturday.

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2 mins  |
December 22, 2024
The Sunday Guardian

Power supply companies continue to remain a burden on state finances

Electricity distribution companies (DISCOMs) continue to weigh heavily on State finances, stated a report by the Reserve Bank of India (RBI).

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1 min  |
December 22, 2024
Vanguard announces new technology office in Hyderabad
The Sunday Guardian

Vanguard announces new technology office in Hyderabad

Vanguard today announced plans to establish a new office in Hyderabad, India.

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1 min  |
December 22, 2024
Adani plans Rs 20,000 crore thermal power plant
The Sunday Guardian

Adani plans Rs 20,000 crore thermal power plant

The Adani Group has reaffirmed its commitment to Bihar's development and announced investments in various sectors including infrastructure, smart metering and cement in addition to its investment in gas distribution, logistics and agri-logistics.

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1 min  |
December 22, 2024
LT FOODS LAUNCHES NON-GMO DAAWAT JASMINE THAI RICE IN INDIA
The Sunday Guardian

LT FOODS LAUNCHES NON-GMO DAAWAT JASMINE THAI RICE IN INDIA

LT Foods, an Indian-origin global FMCG Company in the consumer food space, has launched a Non-Genetically Modified Organism (Non-GMO) Certified global gourmet food 'DAAWAT Jasmine Thai Rice' for Indian consumers.

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1 min  |
December 22, 2024
Maruti unveils India's 1st electric SUV eVITARA
The Sunday Guardian

Maruti unveils India's 1st electric SUV eVITARA

Maruti Suzuki India Limited (MSIL), India's largest passenger vehicle manufacturer, is set to revolutionize electric mobility with its first eBorn electric SUV, the e VITARA.

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1 min  |
December 22, 2024
GREENFIELD PROJECTS TO GRAB Rs 1.5 LAKH CR INVESTMENTS
The Sunday Guardian

GREENFIELD PROJECTS TO GRAB Rs 1.5 LAKH CR INVESTMENTS

India's 12 green field projects under the National Industrial Corridor Development Project will create employment opportunities for 9.4 lakh individuals says a year-end release by the Department of Promotion of Industry and Internal Trade.

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1 min  |
December 22, 2024
Xpertnest's $1 million investment fuels BharatEarns
The Sunday Guardian

Xpertnest's $1 million investment fuels BharatEarns

Odisha-origin entrepreneur Arun Kar, now a British innovator, has achieved global recognition for his company Xpertnest.

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2 mins  |
December 22, 2024
Delhi's perennial air crisis: Time for sustainable solution
The Sunday Guardian

Delhi's perennial air crisis: Time for sustainable solution

Severe and \"Hazardous\" two words that flashed across everyone's thoughts, in conversations about North India's air quality.

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5 mins  |
December 22, 2024
SALZER ELECTRONICS: DRIVING GROWTH
The Sunday Guardian

SALZER ELECTRONICS: DRIVING GROWTH

Salzer Electronics Limited was established in the year 1985 in Coimbatore, Tamil Nadu and is today a prominent Indian manufacturer specializing in electrical solutions including switchgear products, wires and cables, and energy management systems.

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2 mins  |
December 22, 2024