The ED has launched an investigation on the basis of 18 first information reports (FIRs) registered by the Cyber Crime Police Station, Bengaluru, against numerous entities and individuals.
However, experts see India taking to electric vehicles in a big way. At a recent event, Prime Minister Narendra Modi said that it was likely that the EV sector would fast track growth of the entire auto ecosystem.
Goods exports were up 17.1% to $192.6 billion in the April-August period from last year while imports grew faster at 45.6% to $317.8 billion. The trade deficit in this period was $125.2 billion, more than double the $53.8 billion last year.
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