Indian Auto Industry
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Exclusive: Gen Alpha And The Indian Automaker
Indian automakers must pivot from products to solutions, embracing Gen Alpha's sustainability, personalization, and noise-free mobility demands by 2030.
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China Assures To Address Indias Rare Earth Needs: Sources
Following the Chinese Foreign Minister's arrival in India for a visit, sources from EAM have revealed that China has agreed to acknowledge India's rare earth needs.
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Fixing Execution Gaps Could Help Indian Auto Industry Boom: Report
To move forward, Vector Consulting Group recommends a complete reset in how automakers and suppliers work together.
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India's 95% ICE Vehicle Share Buffers Against Rare Earth Export Impact: Report
As per the report, the average REM usage per vehicle is around 0.8 kg for electric vehicles, 0.5 kg for hybrid vehicles, and just 0.1 kg for ICE vehicles.
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Major Events That Affected Auto Sector In 2021
Here are the few significant events that the Indian automotive sector witnessed this year.
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Government Approves Rs. 26,000 Crore Incentive Scheme To Boost Vehicle Production: Report
The Union Cabinet had cleared a new production linked incentive (PLI) scheme to boost vehicle production in the country. Reports suggest an incentive scheme of nearly Rs. 26,000 crore for the auto sector, for a period of 5 years.
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Maruti's RC Bhargava, TVS Motor's Venu Srinivasan Call For "Concrete Action'' To Revive Auto Sector
Speaking at SIAM''s 61st Annual Convention, the veteran industry leaders wondered if the contribution of the auto industry towards India's growth is being recognised.
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Nitin Gadkari Calls Out OEMs Over Quality; Pushes Them To Constantly Improve Standards To Meet International Benchmarks
Nitin Gadkari, the Union Minister for Road Transport and Highways (MoRTH), recently called out automakers in India over the existing quality and standards of Indian vehicles.
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Union Budget 2021: Two-Wheeler Manufacturers Looking For GST Rate Relief And EV Incentives
Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.
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Monitoring Impact Of Automotive Chip Shortage: Indian Industry Body
The warning comes weeks after China said a shortage of chips used in cars could disrupt production well into the next year.
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India Open To Raising Duties On Auto Imports To Boost Local Production
India is open to raising duties on auto imports in a phased manner in a bid to boost domestic production, a minister said on Friday, as the country's car industry set a target to halve imports of components within five years. Commerce Minister Piyush Goyal said raising duties was "not a bad idea" to discourage automakers from importing car kits, co...
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In Auto Sector, We Should Move Towards Global Dominance, Says Piyush Goyal
Union Minister of Commerce and Industry and Railways Piyush Goyal has said that in the auto sector, we should move towards global dominance, in terms of auto components and automobiles.
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Coronavirus Pandemic: Maruti Suzuki's Q1 FY21 Loss Reported at Rs. 249 crore
Maruti Suzuki reported a quarterly loss for the first time since 2003, when it was listed on the Bombay Stock Exchange.
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India Plans To Offer Incentives To Auto Companies To Boost Exports: Report
India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years, four sources with direct knowledge of the matter told Reuters.
-
India's Automakers Warn Of Up To 45% Sales Drop As Economy Slumps Amidst Pandemic
India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in a worst-case scenario as economic growth slumps due to the COVID-19 pandemic, and they are seeking government help through the crisis.
-
Exclusive: Gen Alpha And The Indian Automaker
Indian automakers must pivot from products to solutions, embracing Gen Alpha's sustainability, personalization, and noise-free mobility demands by 2030.
-
China Assures To Address Indias Rare Earth Needs: Sources
Following the Chinese Foreign Minister's arrival in India for a visit, sources from EAM have revealed that China has agreed to acknowledge India's rare earth needs.
-
Fixing Execution Gaps Could Help Indian Auto Industry Boom: Report
To move forward, Vector Consulting Group recommends a complete reset in how automakers and suppliers work together.
-
India's 95% ICE Vehicle Share Buffers Against Rare Earth Export Impact: Report
As per the report, the average REM usage per vehicle is around 0.8 kg for electric vehicles, 0.5 kg for hybrid vehicles, and just 0.1 kg for ICE vehicles.
-
Major Events That Affected Auto Sector In 2021
Here are the few significant events that the Indian automotive sector witnessed this year.
-
Government Approves Rs. 26,000 Crore Incentive Scheme To Boost Vehicle Production: Report
The Union Cabinet had cleared a new production linked incentive (PLI) scheme to boost vehicle production in the country. Reports suggest an incentive scheme of nearly Rs. 26,000 crore for the auto sector, for a period of 5 years.
-
Maruti's RC Bhargava, TVS Motor's Venu Srinivasan Call For "Concrete Action'' To Revive Auto Sector
Speaking at SIAM''s 61st Annual Convention, the veteran industry leaders wondered if the contribution of the auto industry towards India's growth is being recognised.
-
Nitin Gadkari Calls Out OEMs Over Quality; Pushes Them To Constantly Improve Standards To Meet International Benchmarks
Nitin Gadkari, the Union Minister for Road Transport and Highways (MoRTH), recently called out automakers in India over the existing quality and standards of Indian vehicles.
-
Union Budget 2021: Two-Wheeler Manufacturers Looking For GST Rate Relief And EV Incentives
Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.
-
Monitoring Impact Of Automotive Chip Shortage: Indian Industry Body
The warning comes weeks after China said a shortage of chips used in cars could disrupt production well into the next year.
-
India Open To Raising Duties On Auto Imports To Boost Local Production
India is open to raising duties on auto imports in a phased manner in a bid to boost domestic production, a minister said on Friday, as the country's car industry set a target to halve imports of components within five years. Commerce Minister Piyush Goyal said raising duties was "not a bad idea" to discourage automakers from importing car kits, co...
-
In Auto Sector, We Should Move Towards Global Dominance, Says Piyush Goyal
Union Minister of Commerce and Industry and Railways Piyush Goyal has said that in the auto sector, we should move towards global dominance, in terms of auto components and automobiles.
-
Coronavirus Pandemic: Maruti Suzuki's Q1 FY21 Loss Reported at Rs. 249 crore
Maruti Suzuki reported a quarterly loss for the first time since 2003, when it was listed on the Bombay Stock Exchange.
-
India Plans To Offer Incentives To Auto Companies To Boost Exports: Report
India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years, four sources with direct knowledge of the matter told Reuters.
-
India's Automakers Warn Of Up To 45% Sales Drop As Economy Slumps Amidst Pandemic
India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in a worst-case scenario as economic growth slumps due to the COVID-19 pandemic, and they are seeking government help through the crisis.
