Collaboration between InterGlobe Enterprises and Archer introduces e-VTOL flying taxis in Indian cities. Competitive pricing, FAA and DGCA approvals pending, manufacturing in Georgia, and expansion plans for UAE, Chennai, and Hyderabad.
East-West Metro's impact on Howrah station cabbies includes reduced long-distance customers, lower fares, and parking fee challenges. Drivers like Pradeep Sain and Ravi Singh highlight the significant changes affecting their daily earnings.
“Strong growth was driven by demand from two wheelers and passenger vehicle segments,” said a company statement.
The INR 1,200 crore capex spend will be almost entirely EV driven. From 2 plants in 2016, the company now has 10 plants with north America commanding 40% of its revenue, India 28% and Europe 26%, he added. In terms of products, Sona Comstar, which makes starter motors and differential gears among other parts, has seen the EV share of its revenue go from 14% in FY21 to 29% in FY24.
While acquiring classic wheels is an expensive hobby, with no mechanics and spares, maintaining them is a bigger challenge
India, which had previously failed to get any credible proposals for semiconductor manufacturing after trying for decades, finally managed to score big after American Micron emerged as the first major player to enter the space with a INR 22,500-crore testing and packaging unit in Gujarat in June last year.
BEST unions protest fleet reduction, lack of trained drivers. Majority fleet managed by inexperienced private drivers. Seeking politician support at rallies for maintenance.
The transport utility’s staff strength has decreased from 34,114 in 2017-18 to 28,620 as of Jan 2024. The official added that the demand for AC buses to IT corridors too has diminished since Namma Metro connected to Whitefield last year, and more people are expected to shift to Metro once operations begin on the 19-km Yellow Line from RV Road to Bommasandra. The BMTC fleet includes 585 AC buses.
NHAI aims to raise INR 45,000 crore by monetising 33 projects spanning 2,742 km. Methods include TOT and InvIT, with lucrative opportunities for investors. Govt targets INR 1.6 lakh crore monetisation by 2025.
In March, police did not allow entry of more than 15-year-old auto-rickshaws in the city for a few days. Later, drivers were given two months to either replace their three-wheelers or get relief from court. There are around 8,000 diesel auto-rickshaws in the city. An official of the regional transport office (RTO) said that the court had prohibited the entry of diesel auto-rickshaws in a few cities of Punjab, including Ludhiana.
The service providers will be granted feeder licence to operate from and park on the Metro station premises during the operating hours. As many as 58 autos would be introduced as part of the project.
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