India's auto sales volume will take 3-4 years to recover: SIAM
“Production has been slow to pick up due to supply chain disruption and weak demand,” said Rajan Wadhera, president, SIAM
India plans incentives for auto companies to boost exports
The move is part of India’s effort to create ‘champion’ sectors to attract investment, generate jobs and boost manufacturing
Auto component industry likely to witness double-digit degrowth in FY21
India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and Latin America
Some auto companies resume production, others prepare to restart manufacturing
Home Ministry allowed factories in rural areas or those outside municipal limits to resume production under strict safety guidelines
Government seeks suggestions from auto industry leaders for resource mop-up
The industry captains also sought liquidity support to component makers and dealerships
Gadkari lauds auto industry for BS-VI adoption, outlines contribution in mfg sector
The Indian automotive industry has circumvented many challenges, the biggest amongst them is reducing emissions.
Auto industry drives into 2020 with hope after a forgettable 2019
The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.
Auto component industry turnover dips 10 per cent in Apr-Sep
This led to a job loss of around 1 lakh temporary workers till July this year, industry body ACMA said.
Maruti Suzuki 'cautiously optimistic' over sales prospect in coming months
Maruti Suzuki said it would take at least few more months to get clarity if the industry is finally on a revival path.
Consumer offers at peak, will go down post October: Maruti
We clearly tried to revive the market but we cannot have high level of promotions at all the time, said MSI's Shashank Srivastava,