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Ayush Lohia, CEO, Lohia Auto Industries

Ayush Lohia, CEO, Lohia Auto Industries

At present, demonetisation has created an unfavourable environment for the auto industry on the whole. The auto industry is pinning hope on the upcoming Union Budget 2017 as it will uplift consumer sentiment and infuse a positive environment for the auto industry, including electric vehicles.

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Rs.2,41,000 cr for transport infra in Union Budget

Rs.2,41,000 cr for transport infra in Union Budget

The Union Budget has allocated Rs 2,41,000 crore for the transportation sector. ´For transportation sector as a whole, including rail, roads, shipping, I have provided Rs 241,387 crore in 2017-18,´ Finance Minister Arun Jaitley said while presenting the Union Budget 2017-18 in the Lok Sabha.

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NHAI cancels Bengaluru-Mysuru expressway tender

NHAI cancels Bengaluru-Mysuru expressway tender

The National Highways Authority of India (NHAI) has cancelled the December 6 tender for the six-laning of the Bengaluru-Mysuru expressway without assigning any reason, raising doubts about the future of the ambitious project, according to a news report.