Friday, May 5, 2023

Auto companies taking rail route to ferry vehicles

Automakers in India, including Maruti Suzuki, are increasingly using railways to transport finished vehicles to cut fuel costs and reduce emissions. Railway transportation offers the advantage of efficiently transporting multiple batches of vehicles and enables automakers to reach faraway locations in half the time compared to roadways. Transportation via railways also helps automakers meet sustainability targets and offset carbon emissions. More than a fifth of all passenger vehicles produced in India are now transported via railways, representing a five-fold increase from 4.5% in fiscal 2018.

from Auto-Industry-Economic Times https://ift.tt/DKcNkgI

No comments:

Post a Comment

India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...