The closely held Chennai based company has bagged tenders worth ₹250 crore for providing lifts and escalators for multiple phases of the Mumbai Metro project, which is currently under construction.
The fully-electric motorcycles come with features like mobile app connectivity and removable batteries.
Suzuki posted a growth of 16% with a market share jump of 80-90 basis points.
The mid-sized SUV will rival against the likes of Hyundai Creta, Mahindra XUV 500, Tata Harrier and MG Hector.
The company will undertake specific marketing strategies for rural markets and expects to get 50% of its total sales volume from there in the coming years.
The vehicle, which will be launched on August 28, can be booked online or through an authorised dealership by paying Rs 11,000, Renault India said in a statement.
While automobile industry clamours for a cut in GST, differences have now arisen over when it should be done.
Mahindra said that a welcome first aid would be temporary relief on the GST front or rollback of cess.
MD of Mahindra & Mahindra said the company will have range of new electric vehicle products right from three wheelers, small commercials to even new personal vehicles.
“Tractor and motorcycle sales – indicators of rural demand – continued to contract," the central bank said.
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