The Alternative Mechanism, empowered by the Cabinet Committee on Economic Affairs (CCEA) has approved the highest bid of Star9 Mobility Private Limited, quoting Rs 211.14 crore.
Organisation Internationale des Constructeursd 'Automobiles (OICA), India has overtaken Germany and has become the 4th largest vehicle market in the world.
In a report published by Sweden-based think-tank Stockholm International Peace Research Institute titled "Trends in World Military Expenditure Report 2021", India's military expenditure is the third highest in the world after the US and China.