air conditioners

By 2035, EVs to consume 6 to 8.7 pc of India’s electricity: Report

by
By 2035, EVs to consume 6 to 8.7 pc of India’s electricity: Report

The electric vehicles (EVs) in India are set to consume a significant share of the country’s electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management firm. According to the report, EVs are expected to account for 6 to 8.7 per cent of India’s total electricity consumption by 2035, reflecting the … Read more

auto sector: Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha

by
auto sector: Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha

“Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, were disappointing. With per capita spending increasing, fast-moving electrical goods, home improvement, and auto sectors tend to do well,” says Gurmeet Chadha, Complete Circle ConsultantsWe are hearing reports suggesting an acute shortage of air conditioners and other consumer durable goods. … Read more