THE INDIA STORY AND PITCH
Commercial Vehicle|July 2023
India's growth potential and recent progress made for a compelling story and pitch from the Prime Minister to the US President. Ashish Bhatia links the reinforced friendship between the two world leaders to business outcomes for the automotive industry.
Ashish Bhatia
THE INDIA STORY AND PITCH

The much anticipated US visit of Prime Minister Narendra Modi concluded on a high. His sixth visit in the past nine years and the first ‘state visit’ had a vast canvas to paint on with colours of friendship. The three-day tour that commenced with Yoga, presented several photo opportunities and etched memories of the inked diplomatic and business ties of mutual interest between the two nations. The interest areas spanned favourable bilateral trade terms, joint manufacturing, defence and technology collaboration. This give-and-take took the form of hefty investment commitments on either side. Companies on either side rose to the occasion to finalise the investment blueprints. Both leaders were affirmative on technology playing a “defining role” in deepening the partnership. Bilateral trade is known to have exceeded USD 191 bn in 2022, doubling the 2014 levels.

DRAW INTEREST

From meeting Nobel laureate Prof Paul Romer, American economist and policy entrepreneur, in New York to discuss India’s digital journey, and various initiatives undertaken by India for urban development; to meeting eminent US academics hailed from diverse fields including agriculture, engineering, science and technology. They reportedly discussed the possibilities of enhancing research collaborations and two-way academic exchanges under India’s new education policy. They also shared perspectives and experiences from their respective areas of expertise.

Esta historia es de la edición July 2023 de Commercial Vehicle.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.

Esta historia es de la edición July 2023 de Commercial Vehicle.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.

MÁS HISTORIAS DE COMMERCIAL VEHICLEVer todo
ONGC EXPLORATION PLANS IN BIHAR
Commercial Vehicle

ONGC EXPLORATION PLANS IN BIHAR

Oil and Natural Gas Corp (ONGC) is set to explore oil and gas reserves in Bihar, aiming to establish the state on India’s oil map.

time-read
1 min  |
April 2024
HIGH CAPITAL EXPENDITURE IN ROAD AND RAIL SECTORS
Commercial Vehicle

HIGH CAPITAL EXPENDITURE IN ROAD AND RAIL SECTORS

Despite constraints imposed by the Model Code of Conduct for the Lok Sabha election, the road and railway ministries achieved a remarkable capital expenditure of Rs 5.2 lakh crore in the fiscal year 2023-24.

time-read
1 min  |
April 2024
UBER SETTLES LEGAL DISPUTE WITH AUSTRALIAN CAB DRIVERS FOR A $271.8 MN
Commercial Vehicle

UBER SETTLES LEGAL DISPUTE WITH AUSTRALIAN CAB DRIVERS FOR A $271.8 MN

Uber has reached a settlement of A$ 271.8 million (£97.6 million) with Australian taxi operators and drivers to resolve a legal dispute over alleged income losses since its entry into the market in 2012.

time-read
1 min  |
April 2024
CASE INDIA CELEBRATES THE 20,000TH VIBRATORY COMPACTOR
Commercial Vehicle

CASE INDIA CELEBRATES THE 20,000TH VIBRATORY COMPACTOR

CASE Construction Equipment’s Pithampur facility in Madhya Pradesh, India, has achieved a significant milestone by producing its 20,000th vibratory compactor.

time-read
1 min  |
April 2024
TATA MOTORS INAUGURATES VEHICLE SCRAPPING FACILITY NEAR DELHI
Commercial Vehicle

TATA MOTORS INAUGURATES VEHICLE SCRAPPING FACILITY NEAR DELHI

Tata Motors inaugurated its fifth Registered Vehicle Scrapping Facility (RVSF), near Delhi, named ‘Re. Wi.Re – Recycle with Respect.’ The facility was inaugurated by Girish Wagh, Executive Director, Tata Motors.

time-read
1 min  |
April 2024
PARADIP PORT EMERGES AS TOP CARGO HANDLING PORT IN INDIA
Commercial Vehicle

PARADIP PORT EMERGES AS TOP CARGO HANDLING PORT IN INDIA

Paradip Port Authority (PPA) has achieved a remarkable feat by clocking an impressive 145.38 MMT cargo throughput in FY2023-24.

time-read
1 min  |
April 2024
BANDRA WORLI SEA LINK TOLL TAX INCREASE
Commercial Vehicle

BANDRA WORLI SEA LINK TOLL TAX INCREASE

Effective April 01, 2024, the toll charges for Mumbai’s iconic Rajiv Gandhi Bandra Worli sea link have been revised, marking an 18 per cent increase.

time-read
1 min  |
April 2024
INTRODUCTION OF SHUTTLE BUS SERVICES ON ATAL SETU
Commercial Vehicle

INTRODUCTION OF SHUTTLE BUS SERVICES ON ATAL SETU

Uber’s recent launch of shuttle bus services over the Atal Setu represents a significant step towards enhancing urban transportation infrastructure.

time-read
1 min  |
April 2024
LAUNCH OF TRIAD INITIATIVE BY INDIAN DESIGN LEADERS
Commercial Vehicle

LAUNCH OF TRIAD INITIATIVE BY INDIAN DESIGN LEADERS

Indian design leaders gathered at the Indian Institute of Information Technology, Design and Manufacturing (IIITDM) Kancheepuram, Chennai, to launch the TRIAD initiative.

time-read
1 min  |
April 2024
ENFORCEMENT OF 'ONE VEHICLE ONE FASTAG' RULE BY NATIONAL HIGHWAYS AUTHORITY
Commercial Vehicle

ENFORCEMENT OF 'ONE VEHICLE ONE FASTAG' RULE BY NATIONAL HIGHWAYS AUTHORITY

The National Highways Authority of India (NHAI) has initiated the ‘One Vehicle, One FASTag’ rule to streamline toll collection systems nationwide.

time-read
1 min  |
April 2024