Ultraviolette expands globally, F77 launched in 10 European countries
The F77 MACH 2 offers an aggressive, race-inspired ride, while the F77 SuperStreet caters to riders looking for upright comfort blended with performance. Both bikes come equipped with a 10.3kWh battery, 30kW peak power, and 100Nm torque, enabling 0–60 km/h acceleration in just 2.8 seconds and a top speed of 155kmph.Packed with tech, the motorcycles feature Ultraviolette's proprietary Violette A.I., switchable Bosch Dual-Channel ABS, 10 levels of regenerative braking, 4 traction control levels, and dynamic stability control, offering a next-gen electric riding experience with enhanced safety and intelligence.advertisementNiraj Rajmohan, CTO & Co-founder, remarked, 'This launch is the result of years of R&D and relentless innovation from India. The F77 is our vision of the world's most advanced electric motorcycle, built to perform and compete globally.'To celebrate its European entry, Ultraviolette is offering special introductory prices for pre-bookings until July 31, 2025:F77 MACH 2: Starting at 8,990 (regular: 9,990)F77 SuperStreet: Starting at 9,290 (regular: 10,390)Ultraviolette is backed by global investors such as Lingotto (EXOR N.V.), Qualcomm Ventures, Zoho Corp, TVS Motor Company, and Speciale Invest, reflecting strong confidence in its global ambitions.Subscribe to Auto Today Magazine
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Hindustan Times
a few seconds ago
- Hindustan Times
NMIA has potential to be hub airport, base for Indigo, Air India
Mumbai: The Navi Mumbai International Airport (NMIA) has the potential to become a hub airport, where major airlines could set up base, according to Prabhat Mahapatra, the chief operating officer of NMIA. Navi Mumbai, India - Dec. 29, 2024:First commercial aircraft landing on the runway of Navi Mumbai International Airport Ltd at Ulwe in Navi Mumbai, India, on Sunday, December 29, 2024. (Photo by Bachchan Kumar/ HT PHOTO) (HT PHOTO) Speaking at the Infrastructure Conclave organised by the Bombay Chamber of Commerce and Industry on Friday, Mahapatra said, 'We have air carriers like IndiGo, who are strong and profitable. We have Air India. With these two strong air carriers in India, we see that there is potential to create transport hubs in India.' Major airlines use hub airports as their base, and direct a majority of their routes and connections through those locations. Such strategically located transfer points help travellers reach their destinations with minimum transfers. Examples of hub airports where passengers would change aircrafts would be those in Dubai, Amsterdam, London, Hong Kong, or Singapore, for those travelling from Mumbai to the US or Canada. Mahapatra said, 'We are engaging with major carriers because we feel that India has all the ingredients to become a big hub.' Addressing the gathering, he added that if NMIA, a project of the Adani Group, was to become a hub airport, India would be geographically well located to connect flights coming from the east or fast east, to the west. According to Mahapatra, unlike New York and London which have multiple airports in the city, India was lacking in this area of aviation. 'We have been focussing on the origin–destination travel. If you look at Dubai or some airports in the Middle East, they thrive on the transfer revenue,' Mahapatra said. The Mumbai Metropolitan Region (MMR) will be India's first region to have two airports. So far, all major Indian cities have only one airport containing either a single runway or multiple runways. NMIA also intends to tap into potential passenger traffic beyond the MMR, into the state's rural and remote areas. Once the airport is operational, it will enhance trade as well as improve regional air connectivity, said a representative of the NMIA. As an example, an NMIA official said, 'One thing that we have been missing at Mumbai is the regional development. An airport not only develops the city, it develops the other cities.' The official explained that there are airports in cities like Kolhapur and Solapur, but due to the crowded state of the Mumbai airport, there aren't enough flights connecting such regions to the MMR. The official said that once NMIA was operational, it could connect to such airports. 'Those airports will get service and traffic and they will be energised. And that is how this will promote regional development also,' the official added. According to Mahapatra, the planned hub at NMIA holds potential for transporting cargo too. 'This is not only for passengers, we are also going to do it for cargo,' he said, and added that the airport would have the capacity to handle cargo worth 3.2 million metric tonnes every year.
Hindustan Times
31 minutes ago
- Hindustan Times
Basmati growers in Punjab, Haryana fear deep setback for grain exports to US
The 50% tariff imposed by the Trump administration has left Punjab and Haryana basmati growers and exporters deeply worried, fearing a severe impact on aromatic grain exports to the US as neighbouring Pakistan gains a significant competitive advantage. The punitive tariff rate — among the highest imposed on any US trading partner — stems from Trump's August 7 executive order adding a 25% penalty for India's Russian oil purchases on top of an existing 25% reciprocal tariff, with the combined levy taking effect August 28. 'It's a double whammy,' said Ranjit Singh Jossan, vice-president of the basmati exporters association, explaining that India exports nearly 300,000 tonnes (worth $350 million) to the US annually and the steep tariffs will hit exporters hard while giving Pakistan—another major producer, with a 19% levy on its goods —a crucial edge. Unlike sectors such as smartphones and pharmaceuticals that remain exempt from Trump's tariff offensive, basmati rice faces the full burden of America's punishment for India's energy relationship with Russia. While Trump raised the rate on Indian imports from an initially planned 26% to 50%, it lowered tariffs on Pakistani from 29% to 19%, making Indian grain 31% costlier. 'India's loss is Pakistan's gain,' Jossan said. 'Traders from the neighbouring country have already started taking orders from the US, but Indian traders are unable to negotiate because of the cost disparity.' A tonne of basmati purchased in the US at $1,200 will cost an additional $600 if imported from India, compared to just $228 extra from Pakistan. 'At this moment, we do not stand a chance to sell our produce in the US,' Jossan added. The new tariff comes at a particularly vulnerable time for the sector, as basmati prices are already sliding. Popular varieties such as 1121 and 1509 have dropped from ₹4,500 per quintal in 2022-23 to ₹3,500-3,600 in 2023-24, and could fall further to ₹3,000, industry sources fear. The decline threatens to push farmers away from basmati cultivation altogether. 'The trend of falling prices may push farmers to abandon basmati in favour of regular paddy, which now has a Minimum Support Price of over ₹2,400 per quintal,' said Gurbakshish Singh, a farmer from Tarn Taran, a border district of Punjab. Singh's family has cultivated basmati for many years, but he remains apprehensive about the lack of price stability. The uncertainty is already reflected in cultivation patterns. Punjab's basmati area has shrunk from 7.63 lakh hectares in 2015-16 to 6.39 lakh hectares in 2024-25. Popular varieties like 1509, 1121, and 1718 cover over 80% of the area but fetch declining prices. Haryana's cultivation area has fluctuated between 6.5-7.1 lakh hectares in recent years, standing at 6.8 lakh hectares in 2025. Punjab and Haryana produce premium quality grain with varieties such as 1121 and 1509 famous globally, accounting for 40% of India's total basmati exports. Punjab alone produces nearly 40% of the country's basmati rice. 'The quantity of basmati exports to the US is just a small portion of total exports from India, but it disturbs the overall trade and cropping pattern,' said Jagdeep Singh Aulakh, a farmer from Badshahpur village in Karnal district, Haryana. Jossan said smaller exporters with annual turnovers of about ₹100 crore are bearing the brunt. They have slashed procurement prices from ₹7,100 to ₹6,200 per quintal, pushing down wholesale domestic prices from ₹71 to ₹62 per kg, with retail prices likely to follow. Millers face huge losses due to unsold basmati stocks piling up. 'Exporters won't buy unless the situation improves,' Jossan said. Anil Mittal chairman-cum-managing director of KRBL Limited, which sells premium grain under Indian Gate basmati rice, said that he is hopeful that the situation will not last for a long time. 'The Indian government is actively negotiating with the US. We have good brands, which have no match elsewhere in the world,' he added.
Economic Times
31 minutes ago
- Economic Times
Gen Z's travel agent? It's a bot with better ideas
Synopsis The Indian tourism industry is undergoing a rapid transformation driven by AI, digital payments, and mobile-first platforms, particularly among younger travelers. This shift is prompting travel companies to enhance their technology to meet the demand for speed, flexibility, and personalized experiences. The rise of UPI and EMI options further fuels spontaneous travel by easing financial burdens. Getty Images Artificial intelligence, digital payments, and mobile-first platforms are rapidly transforming the tourism industry in India. The shift, led by younger travellers but increasingly being adopted across age groups, is prompting companies to revamp their technology stack for catering to the surging demand for speed, flexibility, and curated travel 40% of Gen Z bookings on travel platform Yatra are currently made just 3-5 days prior to a trip, said Bharatt Malik, senior vice president, flights and hotel business. 'This cohort expects instant recommendations, flexible payments and quick turnarounds,' he said. 'AI helps us personalise offers and push relevant options even for last-minute travel'.As many as 59% of Indian travellers are tapping AI tools to help plan trips or make bookings, according to a recent report by Boston Consulting Group (BCG). While the trend is the highest among Gen Z travellers, it is also extending to others seeking personalised itineraries and activity suggestions. data showed 44% of Gen Z users are already using AI to discover activities during domestic leisure travel expected to grow at 12% annually through 2040, platforms are betting on a mix of automation, payment flexibility and real-time personalisation to serve a base that is increasingly impulsive, app-first and experience-focused, experts said. Digital payments, particularly UPI, have become the default, marked by the growing use of EMI options, especially for younger travellers booking activity-led short breaks. 'There's a 10-12% higher usage of UPI and EMI in younger cohorts,' said Malik. 'It's not just about affordability — it's about enabling spontaneous travel without upfront financial strain.'Rikant Pittie, co-founder at travel platform EaseMyTrip, said shorter, high-energy holidays are pushing more travellers to opt for flexible payment tools. 'Many plans are made days before the trip. Pay-later options help them book without overthinking,' he are also responding to changes in how travel destinations are media is influencing not just destinations but booking Zostel, 80% of weekend travellers are Gen Z, with many picking locations based on what they've seen on Reels or via influencers. This demand pattern is now being fed into AI-driven recommendation engines to align trending destinations with user interest, said is also a notable rise in mobile-driven micro-travel, entailing breaks of 2-3 days booked entirely on mobile apps, said Gaurav Malik, country director at Agoda.'Travellers are looking for quick combinations of stay, transit and local experiences. Our focus is on reducing steps between search and booking,' he AI is shaping location discovery and payments are becoming frictionless, as many as 80% of travellers still prefer direct human assistance in travel planning, the BCG report pointed out. This is especially for complex itineraries or group travel, indicating that the emerging hybrid model in the Indian travel market is likely to persist.
