Saturday, March 25, 2023

capex

India to have 5 cr EVs by 2030

India will have about 5 crore electric vehicles by 2030 of which E-two wheelers alone will account for about 70% of total EV sales by then, according to a recent report. The report of JMK Research claimed that in...

Demand to rise 7-8pc in Jul-Sep,no cut in ‘growth’ capex: JSW Steel

JSW Steel expects scrapping of export duty on the metal soon and foresees that the price will remain “firm” with a revival in demand by 7-8 per cent in the second quarter of the current fiscal, a top company...

Capex is the route to eco revival: FM

The government would depend on its public capital expenditure programme to revive demand in the economy and might not go for sector-specific fiscal measures, Finance Minister Nirmala Sitharaman told Business Standard on Friday.In a wide-ranging interview, Sitharaman said the...

Maruti Suzuki raises capex to Rs 5,500 crore

Maruti Suzuki has budgeted for its highest-ever annual capital expenditure of about Rs 5,500 crore in this monetary year, searching for to press the pedal after two years of modest efficiency and a decline in market share for the...