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The <keyword id="20163832" type="General" weightage="20" keywordseo="society-of-indian-automobile" source="keywords">Society of Indian Automobile</keyword> Manufacturers (<keyword id="108827" type="General" weightage="20" keywordseo="siam" source="Orion">SIAM</keyword>) and big auto players have hailed the Cabinet decision of PM e-DRIVE schemes aimed at promoting electric mobility across the country. The Rs 10,900 crore scheme will support 2,479,000 electric 2-wheelers, 316,000 electric 3-wheelers and 14,028 electric buses, along with 88,500 <keyword id="186291" type="General" weightage="100" keywordseo="ev" source="Orion">EV</keyword> charging sites. Shailesh Chandra, President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd &amp; Tata Passenger Electric Mobility Ltd, expressed strong support for the government's forward-thinking initiative. Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword>'s transition to electric mobility, fostering innovation and investment within the sector. We believe this scheme will not only enhance the growth of the EV ecosystem but also strengthen India's leadership in the global movement towards environmental sustainability." Dr Anish Shah, Group CEO &amp; MD, Mahindra Group also commended government's efforts, specifically highlighting the comprehensive nature of the PM e-DRIVE scheme. Shah said, "We applause the government for launching the PM e-drive scheme. With continued focused support on 2Ws, 3Ws, e-buses and thoughtful addition of e-ambulances, the scheme will drive higher EV penetration in the country." M&amp;M noted that schemes like <keyword id="21028" type="General" weightage="20" keywordseo="fame" source="Orion">FAME</keyword> and <keyword id="48070" type="General" weightage="20" keywordseo="emps" source="Orion">EMPS</keyword> have already driven penetration of electric three-wheelers in India. "Investments laid out for fast charging infrastructure for all segments will help in increasing consumer confidence for faster adoption of EVs. FAME and EMPS have helped in 20 per cent e-3W penetration in the country. With PM e-drive, we foresee India becoming the first country to achieve 100 per cent electrification in this segment by 2030", he added. The Union Cabinet, on Wednesday, cleared the 'PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM e-DRIVE) Scheme,' with a total outlay of Rs 10,900 crore over two years. It includes Rs 3,679 crore in subsidies and demand incentives for e-2Ws, e-3Ws, e-ambulances, e-trucks, and other emerging electric vehicles. It is expected to support the deployment of 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses, providing a significant push to India's EV ecosystem. A critical aspect of the scheme is the introduction of e-vouchers for EV buyers. At the time of purchase, an Aadhaar-authenticated e-voucher will be generated, which will enable buyers to avail of demand incentives. Additionally, the scheme allocates Rs 500 crore for the deployment of e-ambulances, marking a new initiative to integrate electric vehicles into essential public services. Another Rs 4,391 crore has been earmarked for the procurement of 14,028 e-buses, with a demand aggregation process led by CESL in nine major cities, including Delhi, Mumbai, and Bangalore. Intercity and interstate e-buses will also be supported in consultation with states. Furthermore, Rs 500 crore has been set aside to incentivize the adoption of e-trucks, a critical move given that trucks are one of the largest contributors to air pollution. The scheme encourages those with a scrapping certificate from <keyword id="19897457" type="General" weightage="20" keywordseo="ministry-of-road-transport" source="keywords">Ministry of Road Transport</keyword> and Highways-approved (MoRTH) vehicle scrapping centres to participate in this transition. With an allocation of Rs 2,000 crore, the scheme will support the installation of 22,100 fast chargers for four-wheelers, 1,800 fast chargers for e-buses, and 48,400 fast chargers for two- and three-wheelers. These chargers will be installed in cities with high EV penetration and along selected highways, making long-distance EV travel more viable.

Automobile industry hails PM e-DRIVE scheme to promote EVs

As the world celebrates World EV Day, <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword>'s significant progress in adopting <keyword id="19895203" type="General" weightage="100" keywordseo="electric-vehicles" source="keywords">electric vehicles</keyword> (EVs) across various categories is commendable, however, there is still a long way to go. The government of India's <keyword id="23096041" type="General" weightage="20" keywordseo="Vaahan-Dashboard" source="keywords" meta.keywordsubtype="org" meta.entityname="Vaahan Dashboard" meta.hostid="153" meta.entityid="Vaahan Dashboard">Vaahan Dashboard</keyword> data shows an increasing trend to shift towards green mobility solutions. The most notable trend in EV penetration has been witnessed in the three-wheeler category, where EVs have surged ahead in overall sales. According to the data, 53.61% of all new three-wheeler vehicles purchased this year (2024) were electric, making this segment the leader in <keyword id="20421629" type="General" weightage="20" keywordseo="EV-adoption" source="keywords">EV adoption</keyword>. The two-wheeler segment has also shown encouraging signs of EV adoption, with electric vehicles accounting for 4.97% of all two-wheeler sales so far in 2024. While the percentage is lower compared to <keyword id="20412606" type="General" weightage="20" keywordseo="three-wheelers" source="keywords">three-wheelers</keyword>, the two-wheeler category holds significant potential for growth, given its dominance in India's overall vehicle sales market. As more consumers seek cost-effective and <keyword id="20991927" type="General" weightage="20" keywordseo="environmentally-friendly" source="keywords">environmentally friendly</keyword> alternatives, the penetration of EVs in this segment is expected to grow further in the coming years. However, in the four-wheeler segment, the adoption of EVs remains relatively low, with electric cars making up just 2.14% of total car sales this year. Despite this, the increasing availability of EV models and government incentives are expected to drive further growth in this segment. Interestingly, the penetration of electric buses is higher than that of electric cars, with 3.20% of all new buses sold in 2024 being electric. This trend highlights the growing importance of sustainable public transport solutions as cities aim to reduce emissions and promote cleaner alternatives in mass transit. "Electric vehicles offer a very compelling solutions because they do not emit any tailpipe emissions so that improves their air quality that reduces their air pollution. It also reduces the carbon emission so it helps India to meet with its climate goals and generally, electric vehicles have lower operating cost as compared to the IC engine vehicles," said Samhita Shiledar, Director RMI to ANI. On a state-wise level, the Vaahan dashboard data highlighted that Goa leads the country in EV penetration, with 14.20% of all new vehicles sold this year being electric. Tripura ranks second, followed by Chandigarh in third place. Delhi also stands out with a 10.72% penetration of EVs in total vehicle sales, showcasing the capital's push towards sustainable urban mobility. On the other hand, Himachal Pradesh reported the lowest EV penetration, with only 1.09% of new vehicles sold being electric. In terms of total number of EV sales across all segments in India, the two-wheeler category dominates the electric vehicle market in India, accounting for approximately 51% of total EV sales this year. As World EV Day highlights the global commitment to cleaner mobility solutions, India's data reflects a promising shift but a long way to go towards electrification across various vehicle segments.

World EV Day: 50%+ three-wheelers, 5% of 2-wheelers, and 2% of cars purchased in 2024 are EVs.

The <keyword id="22186137" type="General" weightage="20" keywordseo="US-transport-security-body" source="keywords">US transport security body</keyword> has sought a unique "one-stop agreement" with <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> to end the rescreening of <keyword id="19915258" type="General" weightage="20" keywordseo="passengers" source="keywords">passengers</keyword>, asserting that the "really powerful" concept will raise global <keyword id="20051539" type="General" weightage="20" keywordseo="aviation" source="keywords">aviation</keyword> <keyword id="19900703" type="General" weightage="20" keywordseo="security" source="keywords">security</keyword> standards. Addressing the India US Aviation Summit here on Tuesday, David Pekoske, Administrator of the US Transportation Security Administration (USTSA) said that the one-stop security concept is "very reachable" between the countries. "I think very tangible and very reachable between India and the United States is one-stop security," he said. "It's a concept that expedites the flow of passengers and baggage to their destinations by eliminating the duplication of security controls at transfer points," Pekoske said. He said in the case of a one-stop agreement, passengers who reach an airport in another country and have a connecting domestic flight would not need to be rescreened and their checked bags would go from aircraft to aircraft. Terming it a "really powerful" concept, Pekoske said it raises global aviation security standards. "Flights inbound to the United States are more secure. If there's a reverse agreement between the United States and India where US screening satisfies Indian requirements, that means that flights to India would also be more secure. It does require the regular exchange of information," he said. "It requires improvements to security processes to maintain the agreement. It yields a reduction in security costs through better allocation of resources, reduces flight connection times and missed connections, and improves the passenger experience," he said. Pekoske said the two countries should consider signing a memorandum of agreement to share sensitive security information. "We have a category of classification of information that is not classified in the true sense of classified material, but it is sensitive enough that it needs additional protections," he said. He said that whenever there is a sharing of sensitive security information -- which is critical to a growing partnership -- there is a need to have a memorandum of agreement which covers the aspects of that sharing arrangement. He noted that both the TSA and India's transportation security posture were born of cruel tragedy. For India, it was the bombing of Air India 'Kanishka' Flight 182 in 1985, while for the TSA, it was the 9-11 attacks in 2001. "These tragic events were paradigm shifts in how we both thought about transportation security that continues today," he said. Meanwhile, addressing the summit, US Federal Aviation Administrator Michael Whitaker said that India and the United States need to work together on issues like aviation safety. Asserting that safety is a team sport, he said that sharing data between the two countries can allow better identification and mitigation of risks in the sector. "Our (US and India's) national systems of aviation are inextricably linked into a single global network," he said, adding that the two counties have adjoining air spaces, integrated supply chains, and international services that connect their economies and people. "We need to work together on issues like safety, we need to share ideas and share innovations, especially in how to safely incorporate some of these new technologies into our airspace," he said. Noting that the two countries have different systems that will take different approaches to solving challenges, he said, "We can and should work together to share best practices and learn from one another." "We all have an interest in increasing safety within our respective countries, but we must work together to increase the level of safety in the global aviation system," he added. "This means sharing data. Sharing information allows us to better identify and mitigate risks before those risks become accidents and even before they become failures to the safety layers in our system," he added. "When I started in aviation, accidents were unfortunately not uncommon. They were almost annual events, and safety regulators learned from those accidents and made the system safer," he said. "For the past couple of decades, we've moved beyond that model, and accidents are now extremely rare, and they are simply unacceptable as an outcome," Whitaker said. "Our challenge is to bring safety to the next level, and that means we need to proactively analyse data and find those risks of failure and mitigate those risks before they happen," he said. Asserting that all the job categories in the aviation sector are highly sought after, he said that "for regulators, it means new questions about how we oversee those operations". "We have to find a safe yet nimble way to regulate these new entrants who are operating at the speed of a startup while we are operating at the speed of government, he said. He added that there is a need to figure out how to close the gap, identify these risks and leverage technology to incorporate them safely into the airspace. "In the US, we've seen the public perception of safety and risk in the system evolve over time. As more people have access to aviation, the expectation grows that the system will be completely safe," he asserted. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/news/stanley-lifestyles-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/111261779.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/stanley-lifestyles-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/111261779.cms" target="_blank">Stanley Lifestyles IPO allotment – How to check allotment, IPO GMP, listing date and more</a><a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-nord-ce-4-lite-vs-poco-x6-which-phone-should-you-buy-under-25000/slidelist/111257892.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-nord-ce-4-lite-vs-poco-x6-which-phone-should-you-buy-under-25000/slidelist/111257892.cms" target="_blank">OnePlus Nord CE 4 Lite vs Poco X6 – which phone should you buy under ₹25,000?</a><a href="https://www.businessinsider.in/stock-market/news/ipos-this-week-allied-blenders-and-vraj-iron-and-steel-look-to-raise-1671-crore/articleshow/111233159.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/ipos-this-week-allied-blenders-and-vraj-iron-and-steel-look-to-raise-1671-crore/articleshow/111233159.cms" target="_blank">IPOs this week – Allied Blenders and Vraj Iron and Steel look to raise ₹1,671 crore</a>

US transport security body seeks one-stop pact with India to end rescreening of passengers

New Delhi: <keyword id="19904868" type="General" weightage="100" keywordseo="Ecom-Express" source="keywords">Ecom Express</keyword> Ltd has filed draft papers with capital markets regulator <keyword id="19901201" type="General" weightage="20" keywordseo="Sebi" source="keywords">Sebi</keyword> to garner Rs 2,600 crore through an initial share-sale. The company's <keyword id="19913114" type="General" weightage="20" keywordseo="initial-public-offering" source="keywords">initial public offering</keyword> (<keyword id="19898327" type="General" weightage="20" keywordseo="IPO" source="keywords">IPO</keyword>) comprises a fresh issue of equity shares worth Rs 1,284.50 crore and an Offer for Sale (OFS) of shares valued Rs 1,315.50 crore by promoters and other shareholders, according to the draft red herring prospectus (DRHP). Proceeds from the fresh capital to the tune of Rs 387.44 crore will be used for setting up new processing centres with automation and new fulfilment centres, Rs 73.71 crore for computers and IT equipment, Rs 239.23 crore for enhancing technology, data science capabilities, and cloud infrastructure, and Rs 87.92 crore for payment of debt. Also, the remaining funds will be used for general corporate purposes and potential acquisitions, according to the draft papers filed on Wednesday. The company may consider raising Rs 257 crore through a pre-IPO placement. If such placement is undertaken, the amount raised will be deducted from the total fresh issue size. Ecom Express operates a pan-India express logistics network that handles first-mile pick-up, mid-mile transportation, last-mile delivery, returns, and warehousing services. By offering essential logistics infrastructure and using technology, the company connect digital retailers and <keyword id="19990771" type="General" weightage="20" keywordseo="e-commerce" source="keywords">e-commerce</keyword> platforms with consumers across the country. According to RedSeer report, the <keyword id="22803827" type="General" weightage="20" keywordseo="Indian-e-commerce-market" source="keywords">Indian e-commerce market</keyword> is projected to grow significantly, with a compound annual growth rate (CAGR) of 21 per cent over the next five years. It is expected to increase from Rs 5.1 lakh crore in 2024 to Rs 12.5-13.5 lakh crore by 2029. Growth is notably strong in Tier 2+ regions, which are expected to account for 70-80 per cent of B2C e-commerce shipments by 2029, up from 62 per cent in 2024, the report added. Axis Capital Ltd, IIFL Securities Ltd, Kotak Mahindra Capital Company Ltd and UBS Securities India Private Ltd are the book running lead managers to the company's public issue.

Ecom Express files papers with Sebi for Rs 2,600-crore IPO

<keyword id="20448705" type="General" weightage="20" keywordseo="Waymo" source="keywords" meta.keywordsubtype="org" meta.entityname="Waymo" meta.hostid="261" meta.entityid="Waymo">Waymo</keyword>, the self-driving car whiz kid from Alphabet (aka Google’s big parent company), just made a splash by launching its robotaxis in Los Angeles! This means that anyone with the Waymo One app can now call up a driverless cab across a whopping 129-square-kilometre stretch of the city. It’s like having a robot chauffeur — without the awkward small talk! This isn’t Waymo’s first rodeo with robotaxis. They’ve been rolling around Phoenix since 2020 and then hit up San Francisco last year. In Los Angeles, after a short trial for some lucky early testers, Waymo opened up rides to the public. Now anyone can zip around L.A. traffic in style, with the car’s AI brain in control. Waymo’s journey started as a secret project back in 2009 and has come a long way since then. The company’s <keyword id="19967698" type="General" weightage="20" keywordseo="self-driving-cars" source="keywords">self-driving cars</keyword> have logged over 20 million miles without any major accidents — a record that certainly leaves human drivers in the dust. Meanwhile, Waymo’s competitor, Cruise (owned by General Motors), ran into some trouble when one of its <keyword id="21485769" type="General" weightage="20" keywordseo="driverless-cars" source="keywords">driverless cars</keyword> was involved in an accident with a pedestrian, resulting in a license suspension in California. <div type="Article" hostid="261" msid="107634470" title="A crowd set fire to a Waymo taxi in San Francisco, as tensions about driverless tech grow" mstype="2" mssubtype="0"></div>But Waymo’s big moves in the US raise an interesting question: what would happen if robotaxis rolled out in a place like India? The impact could be massive! India has millions of taxi drivers, and many rely on their daily fares to support their families. Not only is the work gruelling, such “gig workers” often earn shockingly less, and at increasingly shrinking profit margins. One source even noted earning only around Rs 30,000 a month while working as an Ola captain from Bengaluru. Thus, a widespread shift to driverless cars could be a serious blow to their livelihoods, especially in a country struggling with rampant levels of inflation. Therefore, there exists an issue of livelihoods on one hand and technological progress on the other, so if companies like Waymo ever bring robotaxis to India, it could shake things up in a big way. <div type="Article" hostid="261" msid="102751416" title="Sex in self-driving cars: Passengers are reportedly hooking up in San Francisco&amp;#39;s driverless taxis" mstype="2" mssubtype="0"></div>However, on the other side of the spectrum, there are undoubtedly some benefits to moving towards a fully-automated robotaxi fleet. For instance, road accidents cause over 1,50,000 deaths annually in India. Autonomous vehicles,which are designed to follow traffic rules strictly and reduce human error, could help lower these numbers. Additionally, driverless taxis could make transportation more accessible and affordable, especially in densely populated cities with high demand. Furthermore, such robotaxis would also provide a solution for passengers who experience language barriers or inconsistent service quality, as these vehicles are designed for efficient, standardised rides. There is also the hope that they could reduce traffic congestion and pollution with AI-driven routes that minimise idle time and fuel use. Waymo may be rejoicing in the spotlight at the moment, but there are several other companies in the robotaxi race, including Tesla, which has its “Cybercab” in the works, and Amazon’s Zoox, aiming to hit the streets of Las Vegas next year. Baidu’s Apollo is already making robotaxi runs in some Chinese cities, but each company faces its own unique set of challenges. In India, where roads are a blend of honking scooters, zig-zagging rickshaws, and plenty of cows on the streets, introducing robotaxis would require some serious tech tricks and regulatory green lights. Until then, L.A. can enjoy the driverless rides while the rest of us wait to see how this wild technology shapes the future.

No Driver? No Problem! Waymo’s driverless robotaxis make Los Angeles debut — but what could the tech mean for India?

What if adding years to your life was as simple as taking a stroll? According to a new study, being more active could be the key to unlocking a longer, healthier life — especially for those over 40. <h3 style="line-height:1.38;margin-top:14pt;margin-bottom:4pt;">5 extra years, just by moving more</h3>The study revealed that if everyone in the U.S. were as active as the top 25% of the population, individuals over 40 could add five years to their lives. The secret? <keyword id="20053428" type="General" weightage="100" keywordseo="physical-activity" source="keywords">Physical activity</keyword>. Researchers discovered this by using accelerometers — devices that track movement with precision — rather than relying on self-reported activity levels. The result are that the benefits of exercise are twice as strong as previously thought. <h3 style="line-height:1.38;margin-top:14pt;margin-bottom:4pt;">Risk of death drops by 73%</h3>The most active quarter of the population had a whopping 73% lower risk of death than the least active group. But here’s where it gets exciting: for the least active group, even a small step (literally) makes a huge difference. For example, just a one-hour walk could give you six additional hours of life. Think of it as trading one Netflix binge for a half-day extension on your lifespan! <h3 style="line-height:1.38;margin-top:14pt;margin-bottom:4pt;">The biggest gains for the least active</h3>Lead researcher Professor Lennert Veerman highlighted the potential for the least active group: “If the least active quartile of the population over age 40 were to increase their activity level to that of the most active quartile, they might live, on average, about 11 years longer,” he said. Here’s the best part — it’s doable. The most active group isn’t climbing mountains or running marathons. Their activity level is equivalent to just under three hours of walking per day, proving that even moderate movement can pay off big. Low levels of physical activity could be as damaging as smoking, the researchers suggested. Just as each cigarette can shave off 11 minutes of life, inactivity has its toll. Conversely, moving more acts as a shield, helping prevent heart disease, stroke, certain cancers, and other chronic conditions. <h3 style="line-height:1.38;margin-top:14pt;margin-bottom:4pt;">Revolusionising health recommendations</h3>The study’s findings indicate a need to revisit national guidelines on physical activity. Dr. Veerman emphasised how underestimated physical movement has been: “If there's something you could do to more than halve your risk of death, physical activity is enormously powerful,” he said. He also stressed the importance of creating environments that encourage movement: walkable neighbourhoods, affordable public transport, and spaces for cycling could benefit individuals and society alike by boosting health outcomes and reducing strain on healthcare systems. Medical boards such as the WHO and the ICMR advise adults to engage in at least 150 minutes of moderate aerobic activity or 75 minutes of vigorous activity per week, alongside muscle-strengthening exercises twice a week. Children and teens should aim for 60 minutes of daily physical activity, including muscle and bone-strengthening activities three times a week. Older adults are encouraged to follow similar guidelines with added focus on balance and flexibility exercises to prevent falls. The government promotes physical activity through initiatives like the <keyword id="20284979" type="General" weightage="20" keywordseo="Fit-India-Movement" source="keywords">Fit India Movement</keyword>, though experts emphasise the need for better access to parks, sidewalks, and fitness programs to make exercise more achievable for all. Don’t worry — you don’t need to leap into intense workouts. Even modest increases in activity can yield significant results. A short walk, an evening dance, or even taking the stairs instead of the elevator could be your ticket to a longer, healthier life. The findings of this study have been published in the British Journal of Sports Medicine and can be accessed <a href="http://dx.doi.org/10.1136/bjsports-2024-108125">here</a>.

Doing this simple thing could add years to your life, research says

Chennai (Tamil Nadu) [India], July 15 (ANI): <keyword id="19906966" type="General" weightage="100" keywordseo="Ashok-Leyland" source="keywords" meta.keywordsubtype="org" meta.entityname="Ashok Leyland" meta.hostid="265" meta.entityid="Ashok Leyland">Ashok Leyland</keyword> has announced that the company has secured the single largest fully built bus order from the <keyword id="20577309" type="General" weightage="20" keywordseo="Maharashtra-State-Road-Transport-Corporation" source="keywords" meta.keywordsubtype="org" meta.entityname="Maharashtra State Road Transport Corporation" meta.hostid="265" meta.entityid="Maharashtra State Road Transport Corporation">Maharashtra State Road Transport Corporation</keyword> (<keyword id="20276774" type="General" weightage="20" keywordseo="MSRTC" source="keywords">MSRTC</keyword>) for 2,104 units of Viking passenger buses. According to a press release, the total consideration for this order is approximately Rs 981.45 Crores. The execution period for this contract spans from August 2024 to August 2025. MSRTC operates a fleet of over 15,000 buses. With this substantial order, Ashok Leyland buses will now dominate its fleet. These modern, fully built buses will comply with the latest Central Motor Vehicle Rules (CMVR) standards and feature AIS 153 compliant bodies. The order, awarded by the domestic entity MSRTC, is for the supply of BSVI OBD II Diesel Fuel Type Fully Built Passenger Buses. MSRTC, one of India's largest state transport undertakings, operates a fleet of over 15,000 buses. With this substantial order, Ashok Leyland buses will now dominate its fleet. These modern, fully built buses will comply with the latest Central Motor Vehicle Rules (CMVR) standards and feature AIS 153 compliant bodies. They will also be equipped with the proven iGEN6 BS VI OBD II technology, boasting a 197 HP H-Series Engine and Rear Air Suspension, among other advanced features. The buses will be manufactured at Ashok Leyland's exclusive bus body plants using state-of-the-art technology, ensuring enhanced safety, improved comfort, and a lower total cost of ownership for MSRTC. Shenu Agarwal, Managing Director and CEO of Ashok Leyland, expressed his excitement about the continued partnership with MSRTC. He stated, "We are excited to continue our long-standing partnership with the Maharashtra State Road Transport Corporation (MSRTC). This new order underscores our dedication to producing highly efficient and technologically advanced products, driving the growth of public transportation in the country." He added, "Our deep understanding of our customers and our ability to quickly respond to their needs is what sets us apart." Echoing this sentiment, Sanjeev Kumar, President of Medium and Heavy Commercial Vehicles (M&amp;HCV) at Ashok Leyland, remarked, "We are thrilled to have received this order from MSRTC. The order win emphasizes the confidence and trust our customers have in our products. Specifically tailored to meet the unique requirements of Maharashtra State Road Transport Corporation, our buses stand as a testament to the reliability, durability, and robustness of our products." He added, " We are proud to offer MSRTC and the people of Maharashtra a modern fleet that ensures superior comfort and the highest standards of safety. This order reflects the trust that our customers place on Ashok Leyland." As one of the top five largest bus manufacturers globally, Ashok Leyland's recent order further consolidates its position in both the Indian and global bus markets.

Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

Chennai, Public sector major <keyword id="59700" type="General" weightage="80" keywordseo="coal-india-ltd" source="Orion">Coal India Ltd</keyword> (CIL) has chalked out Rs 24,750 crore investment for eco-friendly transportation of coal on 61 first mile connectivity (FMC) projects. The three phased investment project when completed will have a combined capacity of 763.5 million ton per annum (MTPA), the company said. FMC projects involve transportation of coal in mechanized piped conveyors from production point to coal handling plants/silos with rapid loading system where coal is loaded directly into <keyword id="1060490" type="General" weightage="20" keywordseo="rail-wagons" source="Orion">rail wagons</keyword>. According to the company, 35 FMC projects under the first phase having 414.5 MTPA capacity account for Rs. 10,750 crores. Eight projects of 112 MTPA capacity are already operational. CIL is gearing up to commission 17 more projects of 178 MTPA by FY 2024 end. The rest 10 comprising 124.5 MTPA capacity are expected to be operative by FY 2025, the company said. The second and third phase projects account for nine and 17 respectively. While their respective evacuation capacities are 57 MTPA and 292 MTPA, the investments sequentially, would be about Rs 2,500 crore and Rs11,500 crore. Under the second phase five projects of 21.5 MTPA capacity under construction are expected to be commissioned by FY 2025. Remaining projects are in different stages of progress with tenders issued and bid documents under preparation. For the third phase, tenders have been floated for three projects of 65 MTPA capacity. Nine projects are to be executed through mine developers and operators. The third phase projects are anticipated to be commissioned by FY 2029. Total eco-friendly coal evacuation would go up to 914.5 MTPA when all the 61 projects become operational by FY 2029, including the earlier capacity of 151 MTPA. FMC projects offer benefits like suppression of dust pollution and carbon emissions and reduce the load on road transportation leading to safety. Other benefits include precise quantity and quality coal is loaded for consumers with minimal manual intervention.

You Searched For "public transport india" and got 8 results

Automobile industry hails PM e-DRIVE scheme to promote EVs

ANI

World EV Day: 50%+ three-wheelers, 5% of 2-wheelers, and 2% of cars purchased in 2024 are EVs.

ANI

US transport security body seeks one-stop pact with India to end rescreening of passengers

PTI

Ecom Express files papers with Sebi for Rs 2,600-crore IPO

PTI

No Driver? No Problem! Waymo’s driverless robotaxis make Los Angeles debut — but what could the tech mean for India?

Ankush Banerjee

Doing this simple thing could add years to your life, research says

BI India Bureau

Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

ANI

Coal India to invest ₹24,750 crore on eco-friendly transportation

IANS

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