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MUMBAI: Even as premiumisation is playing out in a big way and companies are latching on to the trend to spruce up growth, mass consumption continues to struggle. From apparel to jewellery and food, firms are finding it hard to get entry-level, middle class shoppers to spend more–in jewellery, of course, high prices of gold…
Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…
NEW DELHI: Maruti Suzuki on Thursday announced price cuts on its small cars, stretching beyond GST duty cut benefits, saying that it wants to increase affordability at the entry level of the car market to enable more people to switch to four-wheelers from two-wheelers.The company said that on four models, it is giving price cuts…
