The new tariff structure imposes a 25 per cent duty on critical components including engines and transmissions.
The Mercedes-Benz Vision V concept “grand limousine” (above) is one example of how the German carmaker sees the future of tech-forward driver and passenger experiences.
The more cost conscious version of the electric bike can go 90 km on a single charge and has a top speed of 75 kmph.
Daewoo Lubricants will be available for both commercial and passenger vehicles, including motorcycles and tractors.
This marks a projected 12.9 per cent growth over the 6.2 lakh CNG units sold in FY25.
The remaining models are expected to receive the update soon, albeit with a likely increase in pricing.
Both awards were presented by President Droupadi Murmu during the investiture ceremony at Rashtrapati Bhavan.
The 3503 misses out on some features to arrive with a competitive price tag.
The TVS Jupiter, Apache series and the iQube electric scooter were largely responsible for this significant growth in business.
The company’s cautious stance raises broader questions about the future trajectory of India's auto industry.
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