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According to the Directorate General of Commercial Intelligence and Statistics, imports of natural rubber in India rose 27.4 per cent, month-on-month to 50,940 tonnes in July. Significantly, expectations of higher production this season also weighed on contracts.

Rubber futures hit six-month low

The overall sentiment in the market remains bearish due to a rise in imports coupled with sluggish demand from tyre...

16 Sept 2019 2:46 AM IST

The government has announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth, said the minister. (Photo: ANI)

Modi government has taken landmark steps in past 100 days: Sitharaman

Listing major achievements in first 100 days, FM said creating robust infrastructure is imperative for fast-growing...

10 Sept 2019 5:31 PM IST

Minister of Road Transport and Highways Nitin Gadkari. (Photo: PTI)

No intention to ban petrol, diesel vehicles: Gadkari tells auto...

The government is putting all the efforts to bring the London transport model.

5 Sept 2019 1:34 PM IST

That engine, which would allow the trucks to conveniently travel the same distances as todays conventional diesel trucks, would be a flex-fuel model that could run on pure gasoline, pure alcohol, or blends of these fuels. (Photo: ANI)

Truck sales see deep plunge in August

Sales at M&M fell 28 per cent at 14, 684 vehicles, down from 20,326 units.

4 Sept 2019 12:47 AM IST

Revenue growth for the beleaguered auto components sector would halve in next two fiscals due to a steep decline in domestic vehicles sales.

Major automobile manufacturers report sharp decline in August sales

Maruti reported a 33 per cent drop in August sales at 1,06,413 units.

2 Sept 2019 9:55 AM IST

Union MSME and Road Transport Minister Nitin Gadkari.

Gadkari lauds auto industry for BS-VI adoption, outlines contribution...

The Indian automotive industry has circumvented many challenges, the biggest amongst them is reducing emissions.

7 Feb 2020 1:28 PM IST

Auto component industry likely to witness double-digit degrowth in FY21. (PTI Photo)

Auto component industry likely to witness double-digit degrowth in...

India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and...

13 May 2020 1:24 PM IST

Automobile majors on Wednesday announced the resumption. (PTI Photo)

Some auto companies resume production, others prepare to restart...

Home Ministry allowed factories in rural areas or those outside municipal limits to resume production under strict...

7 May 2020 3:48 PM IST

Delhi: The government of Thursday sought suggestions on methods of resource mobilisation from captains of the automobile industry. (PTI Photo)

Government seeks suggestions from auto industry leaders for resource...

The industry captains also sought liquidity support to component makers and dealerships

1 May 2020 4:10 PM IST

India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years. (PTI Photo)

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...

30 Jun 2020 9:34 AM IST

Indias auto sales volume will take another 3-4 years to reach 2018 levels. (PTI Photo)

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

15 July 2020 6:42 AM IST

Policy will cover all the aspects related to the land availability and granting permissions for the electric vehicle charging stations.

SIAM seeks long-term govt policy on electric vehicles, lower taxation

Abhay Firodia regretted the government's decision to stay away from framing an electric vehicle policy.

6 Sept 2018 12:41 PM IST