Anil Kumar, president and MD, SEG Automotive India

Incentives for localisation to help electric vehicle ecosystem.

Autocar Pro News Desk By Autocar Pro News Desk calendar 25 Jan 2022 Views icon7806 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Anil Kumar, president and MD, SEG Automotive India

The president and MD of Tier 1 supplier SEG Automotive India on his wish list from the Budget 2022.

“After a lull in the last 3 years due to an economic slowdown and 2 consecutive years of the pandemic, the Indian automotive market is looking for a quick revival and its expectations from Budget 2022-23 have risen further up to support growth across the industry. Amid rising fuel prices the Indian market also witnessed movement towards electrified vehicles, especially in two- and three-wheeler space. Presently we still see a high level of imported parts/systems in the market.” 

“We at SEG Automotive India are fully committed towards e-mobility by bringing in localised system solutions to the Indian market. We look forward for government to provide further impetus by bringing EV favourable schemes to reduce imports and to promote and strengthen local manufacturing. Also, the recently announced PLI scheme to be more friendly to mid-sized component manufacturers to be in a position to avail the benefits of the scheme.”

Ather 450 Apex to be quickest, most powerful Ather e-scooter yet

auther Autocar Pro News Desk calendar02 Dec 2023

New Apex, which will sit at the top of the current Ather range of e-scooters, will get a 3.7 kWh battery and is set to b...

Hyundai India sells 49,581 units in November, FY2024 first eight-month sales exceed 400,000

auther Autocar Pro News Desk calendar01 Dec 2023

Cumulative April-November 2023 sales at 411,784 units are up 8% YoY and 72% of the company’s record FY2023 sales of 567,...

MG Motor India’s November sales up 2% at 4,154 units

auther Autocar Pro News Desk calendar01 Dec 2023

Cumulative sales in the first eight months of FY2024 are 38,144 units, which constitutes 25% YoY growth