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Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

LetsTransport plans to augment fleet with 1,000 electric vehicles to drive sustainable growth

In a bid to drive sustainable growth of intra-city and last mile logistics, LetsTransport, one of India’s fastest growing tech logistics companies, will augment its electric vehicle (EV) fleet on its platform to 1,000 by June 2022.

LetsTransport plans to augment fleet with 1,000 electric vehicles to drive sustainable growth

Having already commenced EV-led operations in Delhi-NCR, Hyderabad, Bangalore and Mumbai, LetsTransport will introduce EVs to its fleet in Chennai, Pune and Kolkata.