November 22, 2024 22:32 (IST)
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Godrej & Boyce plans to double revenue in next 3 yrs, eyes India’s EV sector growth

Godrej & Boyce plans to double revenue in next 3 yrs, eyes India’s EV sector growth

Mumbai: Godrej & Boyce on Thursday announced that its motor components business is targeting to double its revenue to Rs 1000 crore within the next three years, with 50% of the revenue coming from India, and the remaining targeted from exports.

Budget 2023-24: EV sector welcomes custom duty reduction on capital goods for Lithium batteries manufacturing

Budget 2023-24: EV sector welcomes custom duty reduction on capital goods for Lithium batteries manufacturing

New Delhi/IBNS: The electric vehicle industry welcomed the reduction in customs duty on lithium cells and subsidy extension on batteries announced in the Union Budget 2023-24 by Finance Minister Nirmala Sitharaman on Wednesday.