Budget Watch: Will oil companies have the cushion of a mega net zero fund?
Rs 15,000 crore fund has the potential to open up major capex for green projects
)
Representative Picture
Listen to This Article
Costs for Indian airlines are expected to rise 3.8% in fiscal 2025, a top aviation consultancy said last month.
IndiGo's total expenses in the first quarter rose about 24% to Rs 17,449 crore, with aircraft fuel expenses accounting for about 37% of the costs. Its aircraft rental costs more than tripled.
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic two-wheeler registrations in FY24 to 41-56 per cent of domestic two-wheeler sales volume by FY28. The Indian E2W industry is expected to grow at a compound annual growth rate (CAGR) of 11 per cent to reach a size of $35 billion (Rs 2.8 trillion) to $45 billion (Rs 3.6 trillion) in FY28.
IndiGo's total expenses in the first quarter rose about 24% to Rs 17,449 crore, with aircraft fuel expenses accounting for about 37% of the costs. Its aircraft rental costs more than tripled.
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic two-wheeler registrations in FY24 to 41-56 per cent of domestic two-wheeler sales volume by FY28. The Indian E2W industry is expected to grow at a compound annual growth rate (CAGR) of 11 per cent to reach a size of $35 billion (Rs 2.8 trillion) to $45 billion (Rs 3.6 trillion) in FY28.
More From This Section
Topics : Stock Market stock market trading
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 08 2024 | 2:02 PM IST
