Commercial vehicles maker Eicher Motors has entered into a 50:50 JV with US-based Polaris Industries Inc. The JV will set up a green field manufacturing facility to make “personal vehicles” with an investment of Rs.250 crore over the next three years.
The Motor Vehicle Act of 1988 is a comprehensive Act that has replaced the Motor Vehicle Act, 1939. It was implemented on 1st July 1989. The first Act that came in force regulating the road transport More
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