Government projections indicate that electric scooters could account for nearly 80% of sales by 2030, while electric motorcycles may reach only around 10%.
For Signpost India, a company known for its digital out-of-home and urban infrastructure solutions, the Bengaluru deal is a significant milestone
Spanning 23.98 acres, the unit had a combined investment of ₹119.83 crore within a timeline of 30 months.
The appointment was sanctioned by a circular resolution adopted by the Board on August 22, 2025, and reaffirmed by the required majority on August 25, 2025.
The project, awarded by a domestic entity, is expected to be completed within six to eight months.
FIIs purchased equities for ₹9,951 crore but offloaded shares worth ₹12,418 crore, causing the net outflow.
The courses have been designed on the Swiss Dual Learning Model, with theoretical sessions complemented by practical experience.
The estimated sale value of these shares is about ₹2,500 Crore. As per reports, the transaction shall take place at a floor price of ₹860 per share.
As part of the transaction, CEAT also secured global rights to the Camso brand, which will be permanently transferred across product categories after a three-year licensing period.
Avantel confirmed that the award does not fall under related-party transactions and that neither the promoter group nor group companies hold any interest in the awarding entity.

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