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Search Keyword: auto industry

Manav Kapur: India was unable to capitalise on Chinese absence
News
  Mar 24, 2021

Manav Kapur: India was unable to capitalise on Chinese absence

Manav Kapur, Executive Director, Steelbird International talks about new product launches, tyres for EVs and counterfeiting menace in a telephonic interaction with Pushkar Oak.

Indian auto component industry de-grows 34% in H1 2020-21
News
  Dec 16, 2020

Indian auto component industry de-grows 34% in H1 2020-21

However, the industry’s net foreign exchange was positive for the first time ever with companies exporting more ($ 5.2 billion) than importing ($ 5 billion) during the first half of 2020-21.

ACMA urges Haryana to reconsider law of 75% reservation for locals in pvt sector
News
  Nov 09, 2020

ACMA urges Haryana to reconsider law of 75% reservation for locals in pvt sector

According to Automotive Component Manufacturers Association of India (ACMA), believes that such a move will be detrimental for attracting future investments in Haryana

Ramp up R&D to reduce auto component imports: Amitabh Kant
News
  Sep 18, 2020

Ramp up R&D to reduce auto component imports: Amitabh Kant

Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.

Ampere Vehicles partners with OTO Capital for vehicle leasing
News
  Jul 31, 2020

Ampere Vehicles partners with OTO Capital for vehicle leasing

These scooters enable 90 per cent savings as against conventional scooters. Also, electric scooters are zero-noise vehicles, promoting quiet drives.

2W segment is ramping up production faster than 4W: Anurag Garg
Interviews
  Jul 11, 2020

2W segment is ramping up production faster than 4W: Anurag Garg

In this interview with Rakesh Rao, Anurag Garg, MD & Country Head (India), Vitesco Technologies - formerly the Powertrain Division of Continental - discusses how auto component industry is coping with COVID pandemic and the growth plans of the company.

Hyundai partners with HDFC bank to offer financing solutions on Click to Buy
News
  Jun 19, 2020

Hyundai partners with HDFC bank to offer financing solutions on Click to Buy

In this partnership, Hyundai will offer its customers customised car financing solutions from HDFC Bank directly on the ‘Click to Buy’ online car buying platform.

Atmanirbhar Bharat package lacks immediate stimulus for auto sector: SIAM
News
  May 19, 2020

Atmanirbhar Bharat package lacks immediate stimulus for auto sector: SIAM

Reduction in the GST rates from 28 to 18 per cent for a limited period and an incentive-based vehicle scrappage policy would have made a less painful revival.

Yamaha employees donate a day
News
  May 11, 2020

Yamaha employees donate a day's salary to support fight against COVID 19

The company has taken all the necessary measures to support the government.

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