When octogenarian Sarla Ahuja established Shahi Exports way back in 1974, breaking glass ceilings after leaving her job of a sewing machine operator at a local garment factory, little did she know that one day it would go on to become India’s largest apparel manufacturer and exporter
According to Vahan data from the Ministry of Road Transport and Highways, EV sales in June 2024 fell by more than 14% to 1,06,081 units, compared to 1,23,704 units sold in May.
“Since October 2016, one-day sales at Khadi India’s flagship outlet in Connaught Place has crossed Rs 1 crore mark on several occasions,” stated KVIC.
He said that the category-wise, two-wheeler sales have increased by more than five times at 423 per cent, three-wheelers by 75 per cent, four-wheelers by 238 per cent and buses by 1,250 per cent.
Accordingly, the sequential improvement is expected to sustain in February 2022, supported by a gradual easing of the supply-side constraints, re-opening of offices and colleges, as well as relaxation in travel restrictions and the measures announced in the FY23 Union Budget.
Minister of heavy industries, Krishan Pal Gujjar stated in parliament that ‘there cannot be a situation where the market is India, but jobs are created in China.’ The only option left for Tesla, if it still seeks the Indian market, is to commence manufacturing its cars here. It is only a matter of time before Tesla manufacturing commences in India.
This has helped drive the sales of mid-to-high tier (more than $200) smartphone models and, subsequently, the overall ASP.
According to India Ratings, Ford India has strong legal linkages with its ultimate parent, Ford Motor Company that has extended corporate guarantees to 85 per cent of the former's sanctioned working capital facilities at the end of FY21
Launched in 2012, Bewakoof offers products across apparel, footwear and mobile covers. It has recently expanded into the beauty segment
Kumar Rajagopalan, CEO, Retailers Association of India, said: "There is a possibility of significant sales recovery for retail businesses as the festive season approaches
