Strong growth in EV sales, Ola Electric leadsEV sales in India are on the rise and FY2023 has registered historic results for the segment in India. The segment has registered cumulative sales 7,20,733 units in FY2023. In comparison, in FY2022, OEMs managed to sell 2,52,539 units. A major part of this growth, almost 80 per cent, has been contributed by just six manufacturers! The top six manufacturers...
While 400 per cent growth looks great on paper, in reality, India lags far behind global standards. For starters, Bangladesh offers minimum speeds of up to 5 Mbps. Broadband India Forum (BIF) lauded the government's decision to increase the minimum broadband speed, but stressed that it is insufficient for a 'mobile first' country. India is a "mobile first" country, which means that almost everyone who...