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EV, auto component makers to gain from Budget 2024

autherAmit Vijay M     calendar24 Jul 2024

Budget 2024 introduced measures such as a Rs 100 crore collateral-free credit guarantee scheme, augmentation of Mudra loans from Rs 10 lakh to 20 lakh, and plans for “plug and play” industrial parks near 100 cities. 

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Sustainability an overarching theme in Budget 2024

By Radhika Dave calendar24 Jul 2024

India has set an aim of achieving net-zero emissions by 2070. The Prime Minister has also announced that India will ra...

Skill set go: Budget 2024 puts focus on jobs 

By Radhika Dave calendar24 Jul 2024

In India, the skill gap in the labour force is a significant challenge.

Audi to expand hybrid line-up globally

By Saptarshi Mondal, Autocar India calendar23 Jul 2024

Audi developing new PHEV powertrains, but will stick to its EV plans, too.

Nissan Ariya EV India bound

By Akbar Merchant, Autocar India calendar23 Jul 2024

Nissan Ariya SUV will be sold as a full import.

Schaeffler India Q2 revenues grow 13.3% to Rs 2,072 crore

autherAutocar Professional Bureau calendar23 Jul 2024

The Pune-headquartered Indian arm of the German Tier-1 major attributes its strong growth to a focused approach to cos...

Tata Elxsi collaborates with Wind River Studio Developer for SDVs

autherAutocar Professional Bureau calendar23 Jul 2024

Tata Elxsi collaborates with Wind River Studio Developer for Software-Defined Vehicle Development. This collaboration ...

Budget 2024: It’s status quo for major schemes in auto sector

By Kiran Murali calendar23 Jul 2024

Budget allocations have remained unchanged for major automobile sector schemes such as PLI for automobiles and compone...

Apollo Tyres awarded for Sustainable Excellence by EcoVadis

autherAutocar Professional Bureau calendar23 Jul 2024

Apollo Tyres has significantly reached to the 92nd percentile, up from the 82nd percentile the previous year. Major im...

Bosch to acquire light commercial HVAC business from Johnson Controls and Hitachi for USD 8 billion

autherAutocar Professional Bureau calendar23 Jul 2024

The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries.