KATHMANDU: Petrol-powered cars are facing growing inventory pressure at Indian dealerships as buyers increasingly move towards CNG, hybrid and electric vehicles. According to data from the Federation of Automobile Dealers Associations (FADA), alternative-fuel passenger vehicles accounted for 40.59% of retail…

KATHMANDU: India aims to double automobile production in the next five years. The country is targeting 50 million vehicles in production by 2030 and 200 million units by 2047. To achieve this, a new national automotive mission plan (AMP) is…