Author: channeladmin
Swiggy and Hero Lectro Cargo are all set for a new experiment They have partnered to pilot cargo e-bikes for the use case of last-mile food delivery The pilot will be held in Hyderabad Swiggy will associate with Fast Despatch Logistics and A.S. Group for the purpose Fast Despatch Logistics is a leading last-mile delivery service provider A.S. Group is a known name in the Public Bike Sharing (PBS) space As part of the pilot, delivery partners will make food deliveries on the cargo e-bikes The initiative comes under Swiggy’s commitment to adopt EVs in the delivery fleet The goal is to…
India cannot become the world’s next factory by copying China Said NITI Aayog CEO Amitabh Kant at a virtual event by CII He added India should have its own low-cost green power Currently, only 18% of India’s final energy consumption is in the form of green energy He said the remaining percentage should also achieve the status He also said that industry should invest heavily in research and development
India envisions more cars to run on ethanol made from sugar The govt will fast-track an ethanol programme that will divert around 6mn tons of sugar toward fuel production The food ministry says the government intends to execute it by 2025 That is almost the entire quantity India exports to the global market India is the second-largest sugar producer after Brazil The move will slow down air pollution, cut India’s oil import bills and bring investment in rural areas However, globally, it may pose food inflation
India’s Olympic winners are flooded with offers from Indian brands and the government Neeraj Chopra, the only second Indian to win individual Olympic gold, is one of the stars Others include P.V. Sindhu, Mirabhai Chanu, Lovlina Borgohain and Bajrang Punia Their representatives said they are in the process of finalising the deals The industry executives prefer long-term deals, running through to the 2024 Paris Olympics
India said it will not cut import duties on electric vehicles (EV) EV car maker Tesla had appealed to the govt to slash taxes Its billionaire chief Elon Musk had tweeted the same The decision may be perceived as a tug of war between the govt and Tesla PM Modi’s administration wants to promote local manufacturing However, Tesla wants to import cars cheaply before committing to set up a factory here Musk had been eager to enter the Indian market, one of the world’s promising automobile markets, for a long time However, he is of opinion that high duties would…
To boost domestic oil and gas production, India has sought foreign and private investments Petroleum Minister Hardeep Singh promised an open-door policy to resolve any issue He was talking at an investor meet convened to encourage India’s latest offerings He said India offers the world’s fastest-growing energy markets and a rule-based regime Indian economy is ready to contribute to the growth of energy demand To meet that, domestic exploration and production should be increased, he added