The electric vehicle manufacturing industry is experiencing rapid growth and EV sales in India is projected to cross 9 Million by 2027. As a result, there are numerous business opportunities in electric vehicles manufacturing industry for entrepreneurs. From developing new technologies and components to assembling and selling finished…
India is one of the largest importers of petroleum products in the world. India imports 82% of crude oils from countries such as Iraq, Saudi Arabia, United States, UAE, etc. During 2020-21 India imported 185 million metric tons of petrol, worth USD 55 billion. Due to the lack of sufficient…
The world is moving swiftly towards electric vehicles to minimize carbon emissions and preserve the sustainable atmosphere. India too is contributing its bit to the cause of electric mobility by promoting the usage of EVs in the country. While it is true that India is the fourth-largest vehicle market and…
The government recently announced the vehicle scrappage policy that aims to phase out the unfit and polluting vehicles in the country and boost the automobile sector. While announcing the policy, the Union Minister of Road Transport & Highways, Nitin Gadkari termed it as a win-win situation for all parties in…
Startups have become a new trend in our Indian society! Every second person is enacting a start-up and Automotives haven’t been neglected. With the increase in the production of the country, the automotive industry has also seen a great boost and has encouraged entrepreneurs to dig up their legs in it. To…
Experiencing steady growth over the last few decades, the Indian auto industry is on the rise. Some of the contributing factors include a satisfied end-user market, improved consumer sentiment, and return of adequate revenue to keep the financial system stable. The auto industry accounts for almost 7% of India’s gross…