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India poised to become a global hub for automotive component manufacturing

India poised to become a global hub for automotive component manufacturing

autherAutocar Professional Bureau     calendar07 Aug 2023

The firm 'China+1' de-risking strategy of automakers and the ease of technology adaptation of automotive component manufacturers is driving IPOs to increase sourcing from India.

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Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers
Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers

autherAutocar Professional Bureau calendar07 Aug 2023

This tie-up also involves providing comprehensive retail financing solutions to cater to the needs of customers.

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RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India
RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India

autherAutocar Professional Bureau calendar07 Aug 2023

The aim is to help insurance surveyors to experience a swift, transparent and precise claim-handling process, the pres...

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MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru
MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru

autherAutocar Professional Bureau calendar07 Aug 2023

MG Motor India aims to boost sustainable mobility by introducing MG Comet EV and MG ZSEV to Prestige Group, where the ...

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India’s component industry records best-ever turnover of Rs 560,000 crore, grows 33% in FY2023
India’s component industry records best-ever turnover of Rs 560,000 crore, grows 33% in FY2023

autherAutocar Professional Bureau calendar07 Aug 2023

Riding on strong domestic market vehicle sales of 21.20 million units, a robust aftermarket and steady exports despite...

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Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank
Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank

By Ketan Thakkar  calendar07 Aug 2023

Surging demand for its SUVs sees Maruti Suzuki sell 42,620 units, taking it ahead of Mahindra & Mahindra; premium Nexa...

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Webasto integrates sensors into panoramic sunroof for autonomous mobility
Webasto integrates sensors into panoramic sunroof for autonomous mobility

autherAutocar Professional Bureau calendar07 Aug 2023

To ensure reliable 360deg monitoring of the surroundings, Webasto has developed a prototype Roof Sensor Module that co...

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Audi India opens its 24th pre-owned car showroom in Noida
Audi India opens its 24th pre-owned car showroom in Noida

autherAutocar Professional Bureau calendar07 Aug 2023

Luxury carmaker, which is seeing strong growth both in its new car and pre-owned car businesses, continues retail netw...

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Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi
Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

By Ketan Thakkar calendar06 Aug 2023

With fast-changing market preferences, the company’s efforts are focused towards making systems, processes and facilit...

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Don't expect India to grow in double digits like China, Indian car market to grow by 6% by FY31, says RC Bhargava
Don't expect India to grow in double digits like China, Indian car market to grow by 6% by FY31, says RC Bhargava

By Ketan Thakkar  calendar06 Aug 2023

Small cars to grow by 2%, SUVs to grow faster, Maruti to restructure its production accordingly.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.19%

No

 

35.81%

Total Votes : 754