According to an Indian official discussions are currently underway to explore alternative methods of trading with GCC nations
India
AC driver cabins must for Indian trucks from 2025
The number of trucks in Indian roads are likely to increase from 4 million in 2022 to around 17 millions by 2050 as the country is poised to become the world’s third largest economy.
Saudi Arabia announces mandatory skill test for Indian workers: Report
Launched in 2021, the Skill Verification Program (SVP) aims to ensure that only qualified professionals may work in Saudi Arabia
Mahindra LLMÂ and SLA Mobility sign distribution agreement of electric 3-wheelers in Sri Lanka
Mahindra’s LMM division is responsible for the company’s widely acclaimed mix of petrol, CNG, diesel and electric last mile mobility 3- and 4-wheelers – passenger and cargo vehicles.
India discovers 5.9 mn tonnes of lithium reserves in Jammu & Kashmir
Lithium is one of the main components of rechargeable lithium-ion batteries used in smartphones, laptops, and electric vehicles
RIL unveils India’s first hydrogen-powered heavy-duty trucks
According to Reliance, the hydrogen-powered trucks will emit near zero emissions, deliver performance on par with conventional diesel trucks
DP World wins bid for development of mega-container terminal at India’s Deendayal Port
DP World already operates five marine terminals,two in Mumbai, one each in Mundra, Cochin and Chennai with a combined capacity of approximately 6 million TEUs
Kobelco celebrates production of 10,000 hydraulic excavators in India
The initial production capacity in 2011 was two units per day, and now it has expanded to 10 units per day.
Excavator sales in India exceeded 25,000 machines for the first time in 2018 and backhoe loader sales grew almost 40%
Off-Highway Research estimates excvator sales in India to exceed 35,000 machines by 2023, driven by sustained investment in infrastructure.