
EVs to create $100 bn revenue opportunity for India: Bain & Company
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
Companies were unable to realise the benefits of revenue growth with operating profit margin contracting to multi-year lows.
Finances of states have deteriorated sharply since onset of Covid-19. The rising freebie culture will make things worse.
The biggest impetus to revenue growth will come from aggregate state GST collections.
The volume growth registered in the quarter is one of the highest in the last six quarters.
Indian chemical industry is set to double size in five years.
CII CEOs poll reveals regardless of current disruptions, top industry CEOs have an “upbeat outlook” for H1 FY23
Stable demand, imminent easing of supply-chain related concerns, better-than-expected export volumes reap benefit for auto ancillaries
The data available so far does not instil confidence with respect to GST achieving or is on course to achieve its key objectives, says India Ratings & Research.
The spike in the deficit number is majorly due to the transfers made to the states in the month of February.