The auto business, excluding electric SUV contract manufacturing, posted a standalone profit before interest and tax (PBIT) margin of 10%, up 50 bps.
This substantial capital infusion, part of a $135 million round over the past year, is set to launch Africa's largest battery swapping network and accelerate SUN Mobility's domestic growth in India.
Qualcomm, which currently operates with a substantial engineering base of 22,000 professionals in India, is actively pursuing strategic acquisitions of local startups.
The upcoming Triumph Thruxton 400 is slated to be the brand’s most expensive 400 cc offering.
The BSA Scrambler will directly rival the Royal Enfield Bear 650 and is heavier than the latter too.
The company plans to start proceedings with 40,000 units of the new DX e-scooter.
This latest adjustment takes the price of the flagship electric SUV to ₹18.31 lakh (ex-showroom)
The production restart comes after Bajaj Auto took over the iconic Austrian brand.
Deliveries for Hero’s debut adventure-styled scooter will start in August.
The BSA Bantam 350 was showcased alongside the BSA Scrambler at the motorcycle show.
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