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Automobile industry

Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

by Nevil Nickel
Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including …

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With Musk set to visit India, here’s a look at which Indian states are favourites for auto FDI & why 

by Mark McDuffie
With Musk set to visit India, here’s a look at which Indian states are favourites for auto FDI & why 

Coming just about a month after the central government eased import duties for foreign electric vehicle makers, Musk’s announcement elicited much speculation about a potential investment by Tesla in India.  …

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Earlier, it was about functionality in a car, now it is about aspiration: Shashank Srivastava, Maruti Suzuki India

by Mark McDuffie
Earlier, it was about functionality in a car, now it is about aspiration: Shashank Srivastava, Maruti Suzuki India

Shashank Srivastava, Executive Director, Maruti Suzuki India Ltd, says “the transformation of Maruti Suzuki is one of the biggest achievements of the company. Of course, we have contributed hugely to …

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Maruti Suzuki: Rahul Bharti on how Maruti Suzuki is promoting sustainable practices

by Mark McDuffie
Maruti Suzuki: Rahul Bharti on how Maruti Suzuki is promoting sustainable practices

India’s first automobile in-plant railway siding project (of Maruti Suzuki) was inaugurated by PM Modi in Gujarat on March 12. The project is at Hansalpur in Gujarat’s Mehsana district. Under …

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Sales of cars, sedans, utility vehicles see their best-ever February

by Nevil Nickel
Sales of cars, sedans, utility vehicles see their best-ever February

Sales of cars, sedans and utility vehicles in the local market increased in healthy double-digits to their best-ever level for the month of February at 373,177 units on back of …

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Growth momentum to continue amid positive economic scenario: JK Tyre

by Nevil Nickel
Growth momentum to continue amid positive economic scenario: JK Tyre

JK Tyre expects demand momentum to continue for the tyre industry in the medium to long term, with the automobile industry set to grow amid a positive economic environment, according …

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India to be number 1 auto manufacturing hub in 5 yrs

by Nevil Nickel
India to be number 1 auto manufacturing hub in 5 yrs

India will become the number one automobile manufacturing hub in the world by 2029 and the country will be the third largest economy, road transport and highways minister Nitin Gadkari …

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Government Announces Ambitious Plan To Bolster Electric Vehicle Ecosystem

by Mark McDuffie
Government Announces Ambitious Plan To Bolster Electric Vehicle Ecosystem

Home Business Government Announces Ambitious Plan To Bolster Electric Vehicle Ecosystem This strategic initiative focuses on both manufacturing and charging infrastructure, aiming to fortify and broaden the landscape for electric …

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pli: Automobile industry will contribute to India’s rise as third largest economy

by Nevil Nickel
pli: Automobile industry will contribute to India’s rise as third largest economy

Indian automobile industry will have the highest contribution to the country’s rise as the third largest economy, Heavy Industries Minister Mahendra Nath Pandey said Tuesday. Speaking at the auto Production …

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Renault India plans to launch five products in next three years

by Mark McDuffie
Renault India plans to launch five products in next three years

New Delhi: As part of its strategy to turn around its business in India, French carmaker Renault plans to launch five products here over the next three years while also …

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