The decision aims provide relief to MSMEs that have been affected by the high cost of raw materials due to the raging COVID-19 pandemic. The import duties will now be withdrawn or slashed.

There is a big shift in demand for sedan cars from the pre-pandemic era to now. The second wave of Covid-19 has brought about many changes in the automotive industry as it has affected people’s purchase plan for cars.

The company reported its worst performance in 12 years due to COVID-19 and the global semiconductor shortage. The Japanese carmaker has not reported a profit since the year ending March 31, 2019.

The new farm equipment manufacturing plant in Pithampur (Madhya Pradesh) will meet the increasing demand for tractor, potato planter and rice transplanter in the rural areas of the country.

At a meeting with export promotion councils, the Commerce and Industry minister discussed issues related to high input costs due to rising prices, the release of pending refunds under export incentives and extension of interest subvention scheme.

Though awareness about electric vehicles (EVs) is rising, range-anxiety is affecting widescale adoption of EVs. To address this, 48V electrical systems could be the instant and a simple solution, says Anurag Garg of Vitesco Technologies India.

In this interview, Bing-Lin Wu, Marketing Head, Maxxis Rubber India Pvt Ltd (Maxxis India), highlights on emerging opportunities in the Indian tyre segment and the company's plan to ramp-up business in the country.

TKM observed growth in personal mobility in last 3 months.

The Czech car manufacturer Skoda Auto, which operates two production facilities in the region, is the brand responsible for the region within the Volkswagen Group