Indian airlines have seen a steady rise in passenger traffic in the past two months. And, just in time for the festival season, the government has allowed domestic flights to operate at 100% capacity. This, coupled with other announcements by the government, is supporting the revival of India’s civil aviation sector. What else is playing in the industry’s favour.
With more than 100 films slated for release over the next four months, India’s film industry is experiencing a rebirth of sorts after the pandemic affected its business. Producers are seeing this as an opportune time to release some of their big titles, which were postponed because of Covid-19.
Wednesday’s trading session clearly belonged to Tata Group stocks, with select stocks like Tata Motors, Tata Power zooming as much as 20% each on the back of the TPG investment in Tata Motors’ electric business unit. What will be in the focus in today’s trade?
There is, as we know, a lot of activity in India’s electric vehicle market. With concerns around climate change and a push to green mobility, a lot of ICE-based vehicles are also coming up with electric variants of their products. And Ola’s entry in the e-scooter segment has charged up the electric two-wheeler market, too. Also, the government’s PLI scheme for the automobile sector has a clear focus on promoting green mobility. In addition to all this, we hear about hydrogen as a fuel and a class of EVs that will not require external charging. Yes, we are talking about Fuel Cell Electric Vehicles. What are FCEVs? Do we have them in India yet?
Listen to these and more in today’s Business Standard Morning Show podcast.
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