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Hero Electric bolsters presence in country with another manufacturing unit in Ludhiana

Hero Electric, India’s largest electric two-wheeler company, performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab. The upcoming state-of-the-art manufacturing facility is adjacent to its existing facility and is targeted at ramping up the production capacity. This latest announcement comes at an opportune moment, with a strong need to increase operational efficiency and production capacity to meet the growing demand for electric vehicles. Hero Electric has b...

Vehicle recycling centers await clarity on scrappage policy

By 2025, the number of end-of-life vehicles (ELVs) is expected to increase by a whopping 250 percent and is touted to be over 21.8 million from 8.7 million ELVs that were reported in 2015. Despite a constant rise in these numbers, India, currently lacks presence of formal vehicle recycling centers, and continues to be completely dependent on smaller, semi-formal units that are known to deploy unhealthy methods of dismantling and recycling of vehicles. As the number of ELVs is expected to incr...