Karandikars & Associates

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What's New: Road Sector

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Ministry of Heavy Industries extends the tenure of the PM E-DRIVE Scheme
August 8, 2025

Minister of Heavy Industries has announced that the duration of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme has been extended from two years to four years

FADA Releases FY 2025 and March 2025 Vehicle Retail Data
April 7, 2025

The Federation of Automobile Dealers Associations (FADA) has released Vehicle Retail Data for FY 2025 and March 2025. For FY 2025, Passenger Vehicles (PV) grew by 4.87%, Two-Wheelers (2W) ended the year at +7.71% while Commercial Vehicles (CV) came in nearly flat at -0.17%

Cabinet approves 8 National High-Speed Road Corridor Projects
August 2, 2024

The Cabinet Committee on Economic Affairs has approved the development of 8 important National High Speed Corridor projects with a Length of 936 km at a cost of Rs. 50,655 crore across the country

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