Business

Tesla can profit by manufacturing EVs in India: Nitin Gadkari

Union road transport and highways minister Nitin Gadkari on Monday said that if the US-based EV maker Tesla manufactures its electric vehicles in India then the company will also get benefits.Addressing an event here, Gadkari said days are not very far when the prices of all electric vehicles will be less than the cost of…

Published

2 years ago

May 2, 2022

Shrishti

Tesla can profit by manufacturing EVs in India: Nitin Gadkari

Union avenue transport and highways minister Nitin Gadkari on Monday said that if the US-based mostly EV maker Tesla manufactures its electric automobiles in India then the firm will additionally receive benefits.Addressing an tournament right here, Gadkari said days are no longer very a long way when the costs of all electric automobiles shall be no longer as a lot as the associated price of petrol automobiles in the nation.”Agar Tesla India me electric automobile fabricate karega toh unka bhi fayda hoga (If Tesla manufactures its electric automobiles in India then they will additionally receive benefits),” he said.Earlier on April 26…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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