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Stellantis to make Leapmotor's "affordable" EVs in India by 2024 end

India imposes customs duty ranging between 70 per cent and 100 per cent, depending on the engine size and cost, insurance and freight (CIF) value on cars imported as completely built units.

News and Trends

PV Production In April Up By 10%

The domestic sales increased from 2,84,271 units in April 2023 to 2,87,746 units in April 2024, an increment of 1.22 per cent. Exports too recorded a substantial jump during the period

News and Trends

Ambulance Service Provider RED.Health Raises USD 20 Mn Led by Jungle Ventures

The Hyderabad-based startup plans to provide new product lines and expand its services to over 40 Indian locations with the help of the additional funding.

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Exicom Launches India's Fastest DC Charger

Designed for the challenging Indian environment, Harmony Gen 1.5 DC Fast Chargers function effectively in cold, hot temperatures and salt environments.

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Agritech Robotics Startup Niqo Robotics Bags USD 13 Mn in Series B Round

The Bengaluru-based platform aims to use the fresh funds to expand to new markets and accelerate the commercial adoption of spot spray globally.

News and Trends

Cold-chain Marketplace Celcius Logistics Raises INR 40 Cr in Pre-Series B Led by IvyCap Ventures

The Mumbai-based platform aims to deploy the fresh funding to expand its market reach across transportation and warehousing and reach over 500 cities in the next year.

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