Section

Mahindra CE expects peak sales in FY 27 after shift to BS-V; open to tie-up for green fuel tech

11 months ago Auto economictimes
The BS-V (CEV/Trem) norms for the construction equipment industry will come into enforcement from April 1, 2024. While Mahindra Construction Equipment (MCE) is very bullish about the industry in the long term, it expects the domestic market to slow down in FY 2024-25. "We will not be surprised if the market comes back to the levels of FY 2022-23 in the FY 2024-25." Talking about upcoming trends on alternate fuel technology in the sector, the company is keeping its options open both from a make perspective as well as from a buy perspective. Read more at: economictimes

Tags : mahindra construction equipment Mahindra Group jalaj gupta mahindra & mahindra EXCON 2023 green fuel tech BS-V norms in construction equipment trem norms in construction equipment

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like

Auto

BYD to build its first European EV factory in Hungary – three new models to be launched over next 12 months

Auto

KPDN cadang wujudkan kemudahan pinjaman pembiayaan kenderaan dan insurans untuk bantu B40

Auto

2023 Honda Elevate teased – new global compact SUV to debut in India on June 6 as Hyundai Creta rival

Auto

2023 BYD Atto 3 full review – most important and best value EV launched in Malaysia so far, from RM150k

Auto

Free rides for OKU on Penang ferry from April 8

Auto

PACE 2023: Enjoy attractive rebates, financing options from just 1.08% with the BMW 2 Series Gran Coupe

© Copyright © 2017 Bollywoodcharcha