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Auto Industry Witnesses Record Sales In FY25, SUVs Remain Key Contributor
India's auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
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No Major Effect on Indian Auto Industry from US Reciprocal Tariff: SIAM
We don't expect any significant impact on the Indian automobile industry since there are limited exports to the US, but we will continue to monitor the situation - Rajesh Menon.
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Highest-Ever November Sales For Passenger Vehicles Recorded In India
Passenger vehicles in India saw their highest-ever November sales at 3.48 lakh units, with a growth of 4.1 per cent as compared to the same month last year, according to figures released by the Society of Indian Automobile Manufacturers.
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Trump's 'America First' Agenda May Lead To Tighter H-1B Visa Rules: Experts
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts.
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Toyota Said to Make EV Parts in India for Domestic, Export Markets
Toyota Motor is said to be planning to make India a manufacturing hub for electric vehicle parts to meet demand there as well as for export to Japan and some ASEAN countries, as per a senior company executive.
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India's Passenger Vehicles Exports Rose 43% In 2021-22, Led By Maruti
Passenger vehicle exports from India increased 43 per cent in 2021-22, with Maruti Suzuki leading the segment with dispatches of over 2.3 lakh units
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Automobile Exports Grew In June Quarter: Report
Automobile exports from India recovered in the first quarter with all vehicle segments, including passenger vehicles and two-wheelers.
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India Has Set Target Of $400 Billion Export In 2021-22: Piyush Goyal
"In collaboration with private industry, MSME sector, engineering, agriculture, automobile, steel sector, we have set an export target of $ 400 billion,'' said Commerce Minister Piyush Goyal
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Carmakers In Chennai Allowed To Operate At Full Capacity
Tamil Nadu state, one of the country's worst-hit, allowed industrial units with export commitments to operate at 100% capacity, boosting its flourishing automobile industry.
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Maersk Aims To Boost Indian Revenue With New Rail Service For Auto Companies
The rail service, which will carry auto parts for export and return with import cargoes, will also ensure companies have more predictability in managing their supply chain.
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Auto Sales March 2021: Passenger Vehicle Sales Grew 3% Over February 2021; Total PV Sales In FY2021 Fell By 2%
The Society Of Indian Automobile Manufacturers (SIAM), has released the auto industry's sales performance data for March 2021. Domestic passenger vehicle sales in March 2021 stood at 290,939 units, while the same for the entire Financial Year 2020-2021 stood at 2,711,457 vehicles.
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Coronavirus Pandemic Dents Auto Exports; Domestic Sales Get Back On The Growth Trajectory
While domestic sales of passenger vehicles have recorded a growth of 17.02 per cent in Q2 of FY2021 at 7,26,232 units, according to the data shared by the Society of Indian Automobile Manufacturers (SIAM), auto exports in the same period went down by 41.96 per cent at 1,11,555 units.
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Government Plans Incentives For Auto Companies To Boost Exports: Report
The initial proposal reportedly suggests giving incentives over five years to increase local production and procurement for export
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Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
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Bajaj Auto's Rakesh Sharma Appointed As President of The International Motorcycle Manufacturers Association
Sharma who also is the Executive Director of Bajaj Auto has been elected from its member organisation- the Society of Indian Automobile Manufacturers (SIAM) for a period of two years.
-
Auto Industry Witnesses Record Sales In FY25, SUVs Remain Key Contributor
India's auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
-
No Major Effect on Indian Auto Industry from US Reciprocal Tariff: SIAM
We don't expect any significant impact on the Indian automobile industry since there are limited exports to the US, but we will continue to monitor the situation - Rajesh Menon.
-
Highest-Ever November Sales For Passenger Vehicles Recorded In India
Passenger vehicles in India saw their highest-ever November sales at 3.48 lakh units, with a growth of 4.1 per cent as compared to the same month last year, according to figures released by the Society of Indian Automobile Manufacturers.
-
Trump's 'America First' Agenda May Lead To Tighter H-1B Visa Rules: Experts
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts.
-
Toyota Said to Make EV Parts in India for Domestic, Export Markets
Toyota Motor is said to be planning to make India a manufacturing hub for electric vehicle parts to meet demand there as well as for export to Japan and some ASEAN countries, as per a senior company executive.
-
India's Passenger Vehicles Exports Rose 43% In 2021-22, Led By Maruti
Passenger vehicle exports from India increased 43 per cent in 2021-22, with Maruti Suzuki leading the segment with dispatches of over 2.3 lakh units
-
Automobile Exports Grew In June Quarter: Report
Automobile exports from India recovered in the first quarter with all vehicle segments, including passenger vehicles and two-wheelers.
-
India Has Set Target Of $400 Billion Export In 2021-22: Piyush Goyal
"In collaboration with private industry, MSME sector, engineering, agriculture, automobile, steel sector, we have set an export target of $ 400 billion,'' said Commerce Minister Piyush Goyal
-
Carmakers In Chennai Allowed To Operate At Full Capacity
Tamil Nadu state, one of the country's worst-hit, allowed industrial units with export commitments to operate at 100% capacity, boosting its flourishing automobile industry.
-
Maersk Aims To Boost Indian Revenue With New Rail Service For Auto Companies
The rail service, which will carry auto parts for export and return with import cargoes, will also ensure companies have more predictability in managing their supply chain.
-
Auto Sales March 2021: Passenger Vehicle Sales Grew 3% Over February 2021; Total PV Sales In FY2021 Fell By 2%
The Society Of Indian Automobile Manufacturers (SIAM), has released the auto industry's sales performance data for March 2021. Domestic passenger vehicle sales in March 2021 stood at 290,939 units, while the same for the entire Financial Year 2020-2021 stood at 2,711,457 vehicles.
-
Coronavirus Pandemic Dents Auto Exports; Domestic Sales Get Back On The Growth Trajectory
While domestic sales of passenger vehicles have recorded a growth of 17.02 per cent in Q2 of FY2021 at 7,26,232 units, according to the data shared by the Society of Indian Automobile Manufacturers (SIAM), auto exports in the same period went down by 41.96 per cent at 1,11,555 units.
-
Government Plans Incentives For Auto Companies To Boost Exports: Report
The initial proposal reportedly suggests giving incentives over five years to increase local production and procurement for export
-
Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
-
Bajaj Auto's Rakesh Sharma Appointed As President of The International Motorcycle Manufacturers Association
Sharma who also is the Executive Director of Bajaj Auto has been elected from its member organisation- the Society of Indian Automobile Manufacturers (SIAM) for a period of two years.
