Spark Minda is looking forward to a Budget that supports both manufacturing sector and the consumer. Aakash Minda, Executive Director, Minda Corporation Limited says, “The transition of the sector towards electric vehicles needs special focus. To build an upward tick within the EV market, Government Schemes should strengthen the indigenous EV industry. The focus must […]
India’s manufacturing sector to take a hit as costs of commodities rise – EQ Mag Pro
New Delhi : India’s manufacturing sector is expected to take a hit as commodities’ costs have risen due to the ongoing Russian-Ukrainian crisis. At present, international prices of crude oil, natural gas, coal, nickel, copper, aluminium, titanium, palladium have risen to multi-year high levels. The raw material prices will impact the sector which was already […]
TuanChe Announces Plan to Strategically Expand into Electric Vehicle Manufacturing Sector – EQ Mag Pro
BEIJING: TuanChe Limited (“TuanChe” or the “Company”) (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced its strategic plan to establish a new electric vehicle (EV) business line including a design, R&D and manufacturing team and expand its business into EV manufacturing. Mr. Wei Wen, Chairman and Chief Executive Officer of TuanChe, commented: […]