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Ahead Of Regional Conferences Gujarat Emerges As Global Automotive Hub
Moreover, the invested capital in the automobile sector in Gujarat amounted to Rs 29,700 crore in FY 2022-23, recording a strong CAGR of 16.4 per cent over the last five years.
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NXP Semiconductors Could Make Upto 10 Percent Revenue from India by 2030, Executive Says
NXP Semiconductors could generate between eight percent and 10 percent of its revenue from India over the next three to five years. India's growing automotive and industrial sectors are expected to boost the company's sales in the region, NXP India head Hitesh Garg said on the sidelines of an industry event in the tech hub of Bengaluru.
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BMW Group, Tata Technologies To Form Joint Venture For Automotive Software
German automotive major BMW Group and Tata Technologies, a global product engineering and digital services firm, today said they will form a joint venture to set up an automotive software and IT development hub in India.
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Chennai Firms Seek Better Stimulus As 17 Estates Reopen With 25% Staff
M Balachandran's automotive component manufacturing unit at Chennai's industrial hub Ambattur is back to life. With just a quarter of his 50 workers permitted, it's not business as usual. He has paid full salary for March but could pay only half for April.
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Turkey Unveils $3.7-Billion Home-Grown Electric Car Project
The new project, launched in October, will receive state support such as tax breaks, and establish a production facility in the automotive hub of Bursa in northwest Turkey, according to a presidential decision in the country's Official Gazette.
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India's Economy Suffers Car Crash, Pain Spreads To Villages
The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi's southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore.
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Nissan India To Set Up Digital Hub In Kerala
Nissan India hopes to generate at least 3,000 direct employment opportunities along with a few thousand indirect ones.
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How GST Has Affected Indian Automotive Component Industry
GST or the Goods and Services Tax came into practice on July 1 as a means to make business easier for vendors across the country. Where most businesses received tremendous relief, albeit after some initial teething issues with technical systems and breakups, the process of actually carrying out day-to-day business has most certainly become much eas...
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7 Lakh Made-In-India Nissan And Datsun Cars Exported Till Date
Nissan today announced that it has exported 700,000 made-in-India cars in the past 7 years. These export numbers include both Nissan and Datsun cars and were all manufactured at the Renault-Nissan Automotive India plant in Chennai. These India-made Nissan and Datsun cars are exported to 106 countries across the globe, thus making India a major expo...
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BlackBerry to Create Self-Driving Vehicle Testing Hub
BlackBerry hopes to make itself indispensable in the automotive industry's looming self-driving arms race.
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How J. Jayalalithaa Made Chennai The Automotive Capital Of India
The state of Tamil Nadu is under a trance as it mourns the loss of its Chief Minister and a dynamic personality, J. Jayalalithaa but there's a lot she has done ever since her government first came to power in Tamil Nadu. It's the most industrialised state in South India and it was at the forefront of this movement. Just about 55 km from the souther...
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Auto Component Manufacturers Raise Concern Over Brexit As Well
While manufacturers have claimed that its usual business for the companies as of now after Brexit, it is the auto component manufacturers who have expressed their worry. United Kingdom remains a major hub for manufacturers like Robert Bosch GMBh and ZF.
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Chennai Floods: Automotive Hub May Rack Up $2.2 Billion in Losses
The Chennai floods have disrupted production in the automotive industrial hub located on the outskirts of the city. Chennai received an astonishing 374mm of rain on 1 December which is almost twice the average rainfall that it receives during the entire month. ASSOCHAM estimates business losses to the tune of $2.2 billion.
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Angela Merkel Flies Into Bengaluru, to Visit Bosch on Tuesday
German Chancellor Angela Merkel arrived in Bengaluru today night from New Delhi with a large delegation to visit the facility of German automotive major Bosch in this tech hub on Tuesday.
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Ahead Of Regional Conferences Gujarat Emerges As Global Automotive Hub
Moreover, the invested capital in the automobile sector in Gujarat amounted to Rs 29,700 crore in FY 2022-23, recording a strong CAGR of 16.4 per cent over the last five years.
-
NXP Semiconductors Could Make Upto 10 Percent Revenue from India by 2030, Executive Says
NXP Semiconductors could generate between eight percent and 10 percent of its revenue from India over the next three to five years. India's growing automotive and industrial sectors are expected to boost the company's sales in the region, NXP India head Hitesh Garg said on the sidelines of an industry event in the tech hub of Bengaluru.
-
BMW Group, Tata Technologies To Form Joint Venture For Automotive Software
German automotive major BMW Group and Tata Technologies, a global product engineering and digital services firm, today said they will form a joint venture to set up an automotive software and IT development hub in India.
-
Chennai Firms Seek Better Stimulus As 17 Estates Reopen With 25% Staff
M Balachandran's automotive component manufacturing unit at Chennai's industrial hub Ambattur is back to life. With just a quarter of his 50 workers permitted, it's not business as usual. He has paid full salary for March but could pay only half for April.
-
Turkey Unveils $3.7-Billion Home-Grown Electric Car Project
The new project, launched in October, will receive state support such as tax breaks, and establish a production facility in the automotive hub of Bursa in northwest Turkey, according to a presidential decision in the country's Official Gazette.
-
India's Economy Suffers Car Crash, Pain Spreads To Villages
The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi's southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore.
-
Nissan India To Set Up Digital Hub In Kerala
Nissan India hopes to generate at least 3,000 direct employment opportunities along with a few thousand indirect ones.
-
How GST Has Affected Indian Automotive Component Industry
GST or the Goods and Services Tax came into practice on July 1 as a means to make business easier for vendors across the country. Where most businesses received tremendous relief, albeit after some initial teething issues with technical systems and breakups, the process of actually carrying out day-to-day business has most certainly become much eas...
-
7 Lakh Made-In-India Nissan And Datsun Cars Exported Till Date
Nissan today announced that it has exported 700,000 made-in-India cars in the past 7 years. These export numbers include both Nissan and Datsun cars and were all manufactured at the Renault-Nissan Automotive India plant in Chennai. These India-made Nissan and Datsun cars are exported to 106 countries across the globe, thus making India a major expo...
-
BlackBerry to Create Self-Driving Vehicle Testing Hub
BlackBerry hopes to make itself indispensable in the automotive industry's looming self-driving arms race.
-
How J. Jayalalithaa Made Chennai The Automotive Capital Of India
The state of Tamil Nadu is under a trance as it mourns the loss of its Chief Minister and a dynamic personality, J. Jayalalithaa but there's a lot she has done ever since her government first came to power in Tamil Nadu. It's the most industrialised state in South India and it was at the forefront of this movement. Just about 55 km from the souther...
-
Auto Component Manufacturers Raise Concern Over Brexit As Well
While manufacturers have claimed that its usual business for the companies as of now after Brexit, it is the auto component manufacturers who have expressed their worry. United Kingdom remains a major hub for manufacturers like Robert Bosch GMBh and ZF.
-
Chennai Floods: Automotive Hub May Rack Up $2.2 Billion in Losses
The Chennai floods have disrupted production in the automotive industrial hub located on the outskirts of the city. Chennai received an astonishing 374mm of rain on 1 December which is almost twice the average rainfall that it receives during the entire month. ASSOCHAM estimates business losses to the tune of $2.2 billion.
-
Angela Merkel Flies Into Bengaluru, to Visit Bosch on Tuesday
German Chancellor Angela Merkel arrived in Bengaluru today night from New Delhi with a large delegation to visit the facility of German automotive major Bosch in this tech hub on Tuesday.
