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Automobile and auto component sectors heart and soul of manufacturing in India, says Amitabh Kant

Automobile and auto component sectors heart and soul of manufacturing in India, says Amitabh Kant

Radhika Dave     calendar13 Sep 2023

Referring to the automobile components as the heart and soul of manufacturing in India, Amitabh Kant said that this sector was a catalyst for augmenting India’s high growth rate.

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'India's passenger vehicle market likely to double by FY31': Hisashi Takeuchi News
'India's passenger vehicle market likely to double by FY31': Hisashi Takeuchi

By Mayank Dhingra  calendar13 Sep 2023

The Managing Director of Maruti Suzuki India estimates the PV segment to grow to 6-7 million units annually in size an...

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Production of advanced chemistry cell batteries in the country likely to start by January 2024 News
Production of advanced chemistry cell batteries in the country likely to start by January 2024

autherAutocar Professional Bureau calendar13 Sep 2023

The government had approved the PLI (production linked incentives scheme) for the manufacturing of ACC (Advanced Chemi...

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Hyundai executive director Kim Chang-hwan elected FISITA president News International
Hyundai executive director Kim Chang-hwan elected FISITA president

autherAutocar Professional Bureau calendar13 Sep 2023

Kim Chang-hwan, who concurrently serves as the head of the Battery Development Center and the head of the Hydrogen Fue...

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Schaeffler and H2 Green Steel intensify cooperation News International
Schaeffler and H2 Green Steel intensify cooperation

autherAutocar Professional Bureau calendar13 Sep 2023

Schaeffler to invest a further 65 million euros and increase total stake to 100 million euros in strategic technology ...

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Infineon launches intelligent tyre pressure monitoring sensor News International
Infineon launches intelligent tyre pressure monitoring sensor

autherAutocar Professional Bureau calendar13 Sep 2023

Infineon's Xensiv SP49 is designed for intelligent tyre functions such as on-tyre auto-position sensing, inflation ass...

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Auto Industry's import dependence reduction falls short of expectations, says Minister Piyush Goyal News
Auto Industry's import dependence reduction falls short of expectations, says Minister Piyush Goyal

By Shahkar Abidi and Amit Vijay M calendar12 Sep 2023

The decrease in the percentage of imports is not consistent across the auto industry, said Piyush Goyal.

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Ashok Leyland's bus segment surges 2.5 times faster than medium and heavy commercial vehicles News
Ashok Leyland's bus segment surges 2.5 times faster than medium and heavy commercial vehicles

By Shahkar Abidi calendar12 Sep 2023

Ashok Leyland's bus segment surges 2.5 times faster than medium and heavy commercial vehicles, fuelled by strong gover...

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Government’s vehicle scrapping policy will increase automobile sales by 18%: Nitin Gadkari News
Government’s vehicle scrapping policy will increase automobile sales by 18%: Nitin Gadkari

By Amit Vijay M calendar12 Sep 2023

Using scrapped vehicle materials saves 33% on raw material costs while increasing new vehicle sales by 18-20%.

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Sustainable Mobility takes centre stage at SIAM's 63rd Annual Convention News
Sustainable Mobility takes centre stage at SIAM's 63rd Annual Convention

autherAutocar Professional Bureau calendar12 Sep 2023

The Prime Minister also noted the Indian Auto Industry’s efforts towards decarbonisation through the introduction of v...

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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

 

63.09%

No

 

36.91%

Total Votes : 699