Cabinet greenlights next phase of Namma metro
In a bid to further enhance urban mobility in Bengaluru, grappling with chronic traffic woes, the State government has given the nod to Phase Three of Namma Metro. This ambitious plan entails extending the network by 44.65 km by 2028 at an estimated cost of Rs 156.11 billion. The proposed new lines will link Hebbal with JP Nagar via Goruguntepalya, Magadi Road, Mysuru Road, and Kanakapura Road along the Outer Ring Road, covering a distance of 32.15 km. Additionally, another line connecting Hosahalli and Kadabugere via Magadi Road, spanning 12.5 km, has also been approved.
Anticipating..
Dhami Cabinet Approves Clean Urban Transport Policy
The Dhami-led cabinet has taken a significant step towards promoting sustainability in urban areas with the approval of a new policy focusing on clean urban transport. This initiative comes at a crucial time when cities worldwide are grappling with environmental challenges exacerbated by transportation emissions.
The newly approved policy reflects a commitment to transitioning towards cleaner and greener modes of transportation within urban centres. It outlines strategies to reduce pollution levels, improve air quality, and mitigate the environmental impact of urban mobility. By prior..
Panel appraises R-Infra's 74% Metro-1 stake at Rs 40 billion
An internal study group, led by former chief secretary Johny Joseph, has reportedly assessed the value of the 74% stake owned by Reliance Infrastructure (R-Infra) in the Metro-1 corridor at Rs 40 billion. The study group has presented its valuation report to the Mumbai Metropolitan Region Development Authority (MMRDA). The decision on whether MMRDA will acquire R-Infra's stake needs to be presented before the Maharashtra cabinet. The acquisition process has been prolonged for years, with disagreements persisting between the government and the company regarding the valuation.
The Metro..
TVS Motor Unveils Electric Two-Wheeler
TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.
The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..
Chinese EV Giant Leapmotor Eyes Indian Market
Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.
Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..