It would be great to have Indian Ownership of KTM, but also need to be careful about the financials, I hear KTM has a lot of outstanding debt.
Yeah, and Bajaj just took a loan to pay it off. About $900 million.
It would be great to have Indian Ownership of KTM, but also need to be careful about the financials, I hear KTM has a lot of outstanding debt.
@Parthu
When TVS purchased Norton Motorcycles, I had hopes for some of Norton's products to makes it to the Indian market. Still nothing on that yet. Even if they do make it to India, it will probably be very expensive as Norton's manufacturing will be done in the UK. I hope Bajaj does a better job with KTM.
Ironically the only real innovator in the Indian 2-wheeler market in the last decade has been RE.
Not necessarily.Ironically the only real innovator in the Indian 2-wheeler market in the last decade has been RE.
This could be huge if it goes through. Tata Motors is supposedly in talks to acquire controlling stake in IVECO's commercial vehicle business.
Tata Motors approaches Italy's Agnelli family to buy controlling stake in Iveco - The Economic Times
Indias Tata Motors has approached Italys Agnelli family for a potential acquisition of truck maker Iveco Group, according to three Reuters sources. The discussions are with Exor, the Agnellis' investment firm, which holds a 27.1% stake and 43.1% voting rights in Iveco. The deal would exclude...m.economictimes.com
Yes freebies for gol gapa gadkari son & family getting rich selling ethanol to chu Indians, no wonder he is less of a transport minister & more of a petroleum minister & even blabber ethanol in his dreams 24*7 .......Ethanol blending doesn't provide any advantage or help in saving money it's a myth, but when corruption & fooling low IQ Indians is name of the game there is nothing can be done.We're fighting a nuclear power backed by 2 superpowers. Be patient and rationale please. Its going to be a long drawn out fight.
As for ethanol blending, it reduces how much oil we import and saves billions which could be spent elsewhere you know like buying more jets but alas our govt on both sides would rather spend it on freebies.
Unfortunately, as hilarious as this post was there is some respite that E-blends can provide. However, it is not to the extent that many think it is. A few benefits for oil-dependent nations: this mitigates vulnerability to global oil price fluctuations, supply disruptions, foreign exchange outflows, and provides cleaner fuel. You can expect reasonable returns but this is not a one stop solution as it is claimed to be.Ethanol blending doesn't provide any advantage or help in saving money it's a myth,
Unfortunately, as hilarious as this post was there is some respite that E-blends can provide. However, it is not to the extent that many think it is. A few benefits for oil-dependent nations: this mitigates vulnerability to global oil price fluctuations, supply disruptions, foreign exchange outflows, and provides cleaner fuel. You can expect reasonable returns but this is not a one stop solution as it is claimed to be.
Unfortunately, as hilarious as this post was there is some respite that E-blends can provide. However, it is not to the extent that many think it is. A few benefits for oil-dependent nations: this mitigates vulnerability to global oil price fluctuations, supply disruptions, foreign exchange outflows, and provides cleaner fuel. You can expect reasonable returns but this is not a one stop solution as it is claimed to be.
That's why there's been a multi pronged approach for a long time. The investment in solar energy is paying off now. Soon, we can see increase in share of nuclear energy, wind energy and hopefully hydro energy from indus and brahmaputra tributaries.
Then there's new age concept currently in development in nations like Japan which uses osmosis and underwater current for electricity generation.
People tend to forget the era when UPA govt had to issue bonds to purchase oil at premium interest. Which the nation has to pay after him. Neither do we appreciate enough the resilience our own oil prices have shown. Yes it's costly. Huge, but we simply don't have an alternative untill our battery technology and infra improves to the viable extent.
And, wether gadkaris son got benefits with insider information during the policy discussion itself is the issue and should be raised. Ok.
But the issue for ethanol should be seen from engineering perspective. How many times we criticise kirana industrialist of India.. most of the problems faced by humanity have been solved through science and innovative engineering. It would do well for companies to raise their standard of the engine itself and mitigate the genuine issues arising out of ethanol. But the narrative that it's a doom is just that.
Otherwise, imagine there are crores of crores users who commute daily and depend on ethanol based petrol too. The kind of doom predicted would've shown ground agitation leading to media narrative unlike now, when SM becomes progenitor of narrative and than people are constantly brainwashed through repitetion in hopes of agitation.
I mean, in the era when there was no connectivity as now, we saw huge movement and crowd for issues. Now you have to depend on pulling crowd via "farmer" protest raising khalistani flags? Riots in garb of "I love " ? CAA narrative , dubious NGOs.. and it's always the same group of people at core along with same crowd. No matter the nature of topic of issue. They have done more harm than help to the actual cause and issues people by hijacking it from them.
All these question come from a valid pov and concern. The last question especially needs an answer ASAP. However, from a purely technical perspective certain E-blends especially the older do have certain merit. The govt. has bungled up a fair bit of things and that's the only thing I can state on this issue.I have the following questions on this topic --
1. Why are vehicles pre-2023 being forced to use E20 blended petrol when they were not built for E20 and as per manual are built for E10 only?
2. We are early by more than 5 years for full E20 adoption, why cannot GoI provide a phased approach where the consumer is given a choice, to choose between E10 and E20 based on their vehicle?
3. Why does Gadkari keep saying that people asking for the above choice being driven by some lobby? Why does he get to label them anti-national?
4. Why are the people voicing the ground reality being forced to remove their videos from youtube/instagram? Why are car manufacturers diverting the cost of "Ethanol related problems" to the consumer?
5. Why isn't there any clear information about insurance claims for ethanol related damages?
After paying hefty taxes and driving in god awful road conditions, is it too much to ask for accountability and policies backed by basic senses?
I have the following questions on this topic --
1. Why are vehicles pre-2023 being forced to use E20 blended petrol when they were not built for E20 and as per manual are built for E10 only?
2. We are early by more than 5 years for full E20 adoption, why cannot GoI provide a phased approach where the consumer is given a choice, to choose between E10 and E20 based on their vehicle?
3. Why does Gadkari keep saying that people asking for the above choice being driven by some lobby? Why does he get to label them anti-national?
4. Why are the people voicing the ground reality being forced to remove their videos from youtube/instagram? Why are car manufacturers diverting the cost of "Ethanol related problems" to the consumer?
5. Why isn't there any clear information about insurance claims for ethanol related damages?
After paying hefty taxes and driving in god awful road conditions, is it too much to ask for accountability and policies backed by basic senses?
Tbh it is not that simple. It depends on your vehicle. Even some older vehicles like from Honda are E20 compliant since 2009. And some E10 compliant vehicles have some engines that can work on E20 without much issue. So the problem with E20 can vary case by case basis. Most of the problem with these PIL if you read carefully is those are poorly filed. And they are trying to go against the law itself as whole. Ethanol blending itself is not a problem, E20 is something that was bound to happen sooner or later.
GoI (Gadkari) is going to spell doom for this country. I have never seen any one acting so brashly inspite of overwhelming evidence of the fact that this is harming the vehicles.