“Production has been slow to pick up due to supply chain disruption and weak demand,” said Rajan Wadhera, president, SIAM
15 Jul 2020 6:42 AM
The move is part of India’s effort to create ‘champion’ sectors to attract investment, generate jobs and boost manufacturing
30 Jun 2020 9:34 AM
India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and Latin America
13 May 2020 1:24 PM
Home Ministry allowed factories in rural areas or those outside municipal limits to resume production under strict safety guidelines
07 May 2020 3:48 PM
The industry captains also sought liquidity support to component makers and dealerships
01 May 2020 4:10 PM
The Indian automotive industry has circumvented many challenges, the biggest amongst them is reducing emissions.
07 Feb 2020 1:28 PM
The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.
27 Dec 2019 10:57 AM
This led to a job loss of around 1 lakh temporary workers till July this year, industry body ACMA said.
06 Dec 2019 4:08 PM
Maruti Suzuki said it would take at least few more months to get clarity if the industry is finally on a revival path.
03 Nov 2019 5:01 PM
We clearly tried to revive the market but we cannot have high level of promotions at all the time, said MSI's Shashank Srivastava,
13 Oct 2019 3:17 PM
It is a big structural issue that we will have to go through...Affordability is the real problem, said Toyota Kirloskar's Vikram Kirloskar.
06 Oct 2019 2:51 PM
Zoomcar can help revitalise the demand by familiarising new-age consumers with hassle-free car ownership.
26 Sep 2019 8:58 AM
At present, 60 per cent of auto components are taxed at 18 per cent.
21 Sep 2019 12:17 PM
There is no slowdown in automobile sector. They are saying this to get a package from government, said CAIT's Praveen Khandelwal.
17 Sep 2019 3:14 PM
The overall sentiment in the market remains bearish due to a rise in imports coupled with sluggish demand from tyre makers, traders said.
16 Sep 2019 2:46 AM
Listing major achievements in first 100 days, FM said creating robust infrastructure is imperative for fast-growing economy like India.
10 Sep 2019 5:31 PM
The government is putting all the efforts to bring the London transport model.
05 Sep 2019 1:34 PM
Sales at M&M fell 28 per cent at 14, 684 vehicles, down from 20,326 units.
04 Sep 2019 12:47 AM
Maruti reported a 33 per cent drop in August sales at 1,06,413 units.
02 Sep 2019 9:55 AM
IAC also sought a reduction in GST on auto LPG kits to 5 per cent from 28 per cent.
27 Aug 2019 3:17 PM