India’s auto industry is undergoing a transformation, moving away from traditional manufacturing towards a new era of mobility technology. The adoption of C.A.S.E trends (Connectivity, Autonomous Driving, Shared Mobility, and Electrification) is driving consumer preferences, creating new opportunities. The ecosystem will unlock new income streams for companies including chemical firms which will produce battery-related chemicals, helping to make electric vehicles cheaper, and auto tech firms who will revolutionize vehicles with software-driven technologies.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds