Ashwin's Blog (2)

General Motors India recently announced plans to phase out some of its old luxury models (Optra and Aveo), owing to the current slowdown in the automobile industry. In an industry where workers rarely get any breaks, GM India had observed 2 non productive days last month to address the sudden fall in demand. Overall sales of Volkswagen another global automobile giant fell by 28% in the last 5 months. The sales charts of many prominent players in the industry are telling the same story.… Continue

The nuclear disaster in Fukushima has caused many nations to reconsider their energy policies. The Indo-US nuclear deal that India boasted about until a year back now seems less relevant, as the prospect of having a nuclear plant in the vicinity is likely to trigger protests. The nuclear project plans in India suddenly seem to have become comatose.

With the nuclear plans on hold and thermal power primarily controlled by government. Renewable energy investments which earlier seen only as… Continue